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Unit 1: An Introduction To Environmental Economics and …

unit One: An Introduction to Environmental Economics and Economic Concepts unit Information 3 unit Overview 3 unit Aims 3 unit Learning Outcomes 3 unit Interdependencies 4 Key Readings 5 Further Readings 6 References 6 Introduction 7 Section Overview 7 Section Learning Outcomes 7 Defining Economics and the environment 7 Links between the economy and the environment 8 The first two laws of thermodynamics 11 Section 1 Self Assessment Questions 13 Origins and scope of Environmental Economics 14 Section Overview 14 Section Learning Outcomes

sustainable development as an ideology-driving policy as well as a concept of resource use can be traced to the way in which researchers have considered the ... perspective to understand how things should be done for the welfare of society. Positive and normative, scarcity, opportunity cost and allocate efficiency are key concepts that you ...

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