Environmental Economics  

Valuation of Ecosystems

• Think back to your previous experiences and prior knowledge with respect to valuation of ecosystems.
• Share what you know about environmental accounting
• What did your experiences look like?
• How do youthinktheexperiencesyou described have impacted your knowledge and perceptions of ecosystem services?
• How do you think learning about valuation of ecosystem services will impact your career in environmental science?
• Think back to the previous week in the course. How might your knowledge about environmental accounting be related to water and soil resources? Use specific examples. Consider the terms direct market-based valuation and indirect market-based valuation. For each term answer the following:
• How do people use the word?
• What does the term mean in everyday languageto everyday people?
• Use examples to help describe your thoughts.

Answer rating: 100% (QA)

Valuation of Ecosystems The valuation of ecosystems is an approach used in environmental economics to assign economic values to the services and benefits provided by ecosystems Ecosystem services incl... View the full answer