Key facts
UNE unit code: LLM528
*You are viewing the 2026 version of this unit which may be subject to change in future.
- Not offered in 2026
- Yes
- No
- No
- 6
Unit information

Managing natural resources is often a complex process. A fundamental component of the effective management of these resources is good governance.
In this unit you will gain a thorough understanding of the concepts relevant to regulatory efficiency and effectiveness. You will explore traditional regulatory theory, innovation in regulatory reform and be introduced to key concepts such as private regulation, co-regulation, regulatory harmonisation, path dependence and transaction cost theory.
This unit provides the foundations to understanding the range of issues faced in developing a compliance strategy in the natural resource sector.
Intensive schools
There are no intensive schools required for this unit.
Enrolment rules
Notes
Please refer to the student handbook for current details on this unit.
Unit coordinator(s)
Learning outcomes
Upon completion of this unit, students will be able to:
- demonstrate a coherent understanding of the nature and scope of public and private natural resource governance rules, including aspects of regulatory theory, regulatory innovation, and collaborative regulatory approaches;
- use initiative and judgement to critically analyse the efficiency/effectiveness of public and private regulatory institutions associated with natural resource law (considering issues such as path dependence, transaction costs, public choice, regulatory harmonisation and co-regulation);
- use cognitive skills such as legal and other disciplinary research, reasoning and argument to develop independent opinions on issues relevant to the governance of natural resources; and
- integrate a variety of data and knowledge into the development of a practical strategy.
Assessment information
Assessments are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.
| Title | Must Complete | Weight | Offerings | Assessment Notes |
|---|---|---|---|---|
| Assignment 1 | Yes | 10% | All offerings | Online Assessment - Quiz |
| Assignment 2 | Yes | 10% | All offerings | Online Assessment - Discussion Forum No. Words: 1000 |
| Assignment 3 | Yes | 30% | All offerings | Presentation - Online submission No. Words: 2000 |
| Assignment 4 | Yes | 50% | All offerings | Essay No. Words: 3000 |
Learning resources
Textbooks are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.
Textbook information will be displayed approximately 8 weeks prior to the commencement of the teaching period. Please note that textbook requirements may vary from one teaching period to the next.
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