The gap can then be reduced by imposing on the polluter a tax equal to the marginal social damage caused by his polluting activity [13]. Third, environmental quality can decrease when the rate of growth increases. Thus it suggests the best possible means to tackle the environmental problems. Home On the other-hand, when the pollution problem is related to the economy as a whole such as rise in temperature, then it is related to macro aspect of environmental planning. Economic theory and environment : a divorce ? Nowadays, sustainability is a crucial theoretical framework in the scope of environmental economics [ 4 ]. endobj It is important for the society to conserve its limited resources in the interest of economic efficiency and welfare. Environmental pollution is a significant economic problem as resources are exhausted extensively. Environmental activism also started to increase due to the perceived negative consequences of environmental degradation. In this connection Ian Hodge points out, What we will find is that choices made about the environment depend upon similar factors as do choices made in other areas of economics. Environmental studies has lot of scope in the areas like control of environment pollution, conservation and management of natural resources, Odile Jacob, 2015. Environmental economists are in favour of appropriate and clean technologies which provide the most rational use of natural resources and energy and to protect the environment. The Environmental Resource Group (ERG) is a non-profit professional organization dedicated to education, research, and advocacy on ecological accounting issues. Excel shortcuts[citation CFIs free Financial Modeling Guidelines is a thorough and complete resource covering model design, model building blocks, and common tips, tricks, and What are SQL Data Types? With the growth of our population and the growth of some organisms, every natural resource is in high demand, but it can be managed by applying studies carefully. Environmental economics has a great impact on economic activities and its implications for the economy, industry, and firm. Find out more on how to host your own Frontiers Research Topic or contribute to one as an author. The journal is intended for professors, practitioners and scientists who keen on such subjects of scientific research. Students who pursue a BS in environmental science or a BA in environmental studies may specialize in ecosystems, earth systems, economic systems or sustainability systems.
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