Chapter+1 - Chapter 1 Introduction Introduction...

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Chapter 1 Introduction
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Introduction Environmental & Resource economics is the application of the tools of economics to study environmental and resource issues. Environment and Resource issues involve the interaction between people and the natural world Economics is the study of the allocation of scare resources
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Introduction People get tremendous benefits from the natural world Influence on the health of the natural world Conflicts over environmental issues arise when human activities lead to a degradation of the natural world
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Future Environmental Challenges Climate Change affecting human health, ecosystem, moral dimension and requiring international coordination Water Accessibility Increasing water stress from both supply and sanitation Meeting the Challenges Economic activities and environmental problems International cooperation
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How Will Societies Respond? Positive feedback loops
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This note was uploaded on 04/14/2010 for the course ECON 370 taught by Professor Helfand during the Winter '08 term at University of Michigan.

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Chapter+1 - Chapter 1 Introduction Introduction...

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