Question

व्हाट इज द इकोनॉमिक एनवायरनमेंट​

Answer 1

Answer:

Environmental economics is a sub-field of economics concerned with environmental issues. It has become a widely studied subject due to growing environmental concerns in the twenty-first century

Answer 2

Environmental economics is an area of economics that studies the financial impact of environmental policies. Environmental economists perform studies to determine the theoretical or empirical effects of environmental policies on the economy. This field of economics helps users design appropriate environmental policies and analyze the effects and merits of existing or proposed policies.

KEY TAKEAWAYS

Environmental economics studies the impact of environmental policies and devises solutions to problems resulting from them.

The approach can either be prescriptive or incentive-based.