measure the relevant variables is to investigate the total number of a particular variable
and do statistical methods. All facts and statistics must be checked accordingly. In this way,
it will be accurate to apply the total number of compromised in all variables in the problem
and in the specified strategies.
All nations are willing to cooperate and willing to spend the correct and recommended
amount of financial aid, and that is the evaluation of the findings, then the policies to be
applied will go through to save the atmosphere and the planet from global health. Apart
from that, people are the most important factor because the first part in all strategies is
people’s commitment to fighting the high risk of global warming.
IX.
Action Plan/Programs
Action
Specific Task
Responsible Area
Addressing the risk and
uncertainty problem
Since resources are scarce,
it is evident that this is one
of the action measures we
need to carry out.
Organization/Everyone
Addressing conflict of
interest
The best way to address
conflict issues on different
countries’ interest and
between different
consumers and producers is
to create global group that
recognize diversity by
addressing different needs,
interests and cultures. The
group should go through
Organization/Everyone

Case Study: Global Warming
Page 6 of 6
and learn on how to
communicate with people.
X.
Conclusions
It is known that global warming is the international society’s biggest challenge. There is
very little question that in the next century, global warming would transform our
environment. So what are the global warming solutions? First, an international political
compromise must be sought. Furthermore, investment must be expanded to grow low-cost
or clean energy output, as all the economy is based on increasing energy usage.
If
introduced today, it can reduce much of the risk and harm that could be caused by climate
change.
In such condition as this, which is global warming, it is needed that we have an important
role to play throughout handling economics in making better decisions in industry or
elsewhere, and apart from that, it is very evident that the approach learned and applied in
managerial economics is crucial in formulating solutions to the problem.
XI.
References

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