Differentiate between environmental economics, resource economics and ecological economics?
Answers
Answered by
1
Answer:
What their differences are. Taking a critical approach, it can be argued that ecological economics is more pluralist whereas environmental economics is based predominately on the thinking of neoclassical economics. There are significant differences between the values that underpin these two schools of thought
Answered by
3
Answer:
Ecological economics makes the environmental side of the equation more of a priority. It states that if the economy is to be integrated into the natural economy, it must obey the natural laws that govern the biosphere. Environmental economics has a tendency to prioritise economic health in decision making.
hope it's helpful
Thank you
Similar questions