It is said that neoclassical economists view the human economy as though it is an open system.

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It is said that neoclassical economists view the human economy as though it is an "open system." What does this mean and what implication(s) does it have for the relationship of the human economy and the natural environment? Please be specific.

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Principles Of Environmental Economics And Sustainability

ISBN: 9780815363545

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Authors: Ahmed Hussen

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Question Posted: Feb 27, 2024 03:12 AM

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It is said that neoclassical economists view the human economy as though it is an open system.

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Viewing the human economy as an open system means that neoclassical economists conceptualize economic activity as interacting with and influenced by external factors and inputs from the natural enviro...View the full answer

Principles Of Environmental Economics And Sustainability

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