Tag: GDP

Macroeconomics and the Environment

By Erin Lennox, Jonathan M. Harris and Anne-Marie Codur This module presents an expanded circular flow analysis that takes the biosphere into account. It reviews critiques and alternatives to gross national product (GNP) and gross domestic product (GDP), emphasizing natural resource and environmental, as well as social sustainability, then discusses the implications of long-term growth […]

Microeconomics and the Environment

By Brian Roach, Erin Lennox and Anne-Marie Codur This module provides an introduction to the economic analysis of environmental issues, providing broader perspectives on sustainability and ecological economics as well as standard environmental economic techniques such as valuation. Applications include fisheries management, sustainable agriculture, and global climate change. It has been updated to include the […]