Introduction To Environmental Economics Ecological Economics And Economic Valuation(1st Edition)
Authors:
Jose Julio Ferraz De Campos Jr.
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ISBN: 8385525522, 979-8385525522
Book publisher: Independently published (March 1, 2023)
Introduction To Environmental Economics Ecological Economics And Economic Valuation 1st Edition Summary: Growing concern about the consequences of different sectors of economic activity on society and the environment has led economists, and later ecologists, to seek ways of translating such consequences into quantifiable metrics.This need has resulted in so-called economic valuation methods, through the approach of environmental economics, or environmental, through the approach of ecological economics. Although both seek the same goals, determine the intensity of the impact of economic activities, they are distinguished by the way they approach the issue.As will be seen throughout this book, while environmental economics is limited to metrics that allow for some form of monetization, ecological economics operates more holistically, taking into account different metrics for different elements.Although valuation methods can be applied by both, the restriction of the economy to what can be monetized results in great theoretical and practical difficulty for it to deal with intangibles.This book presents in an introductory way the different approaches to the concept of value by both lines of thought, the current methods of valuation in use as well as the advantages and disadvantages of them.Being introductory, the topics addressed are not exhausted and a complementary bibliography is presented to the reader interested in a theoretical deepening in the theme. Some case studies are presented in the bibliography, but the reader should bear in mind the large number of case studies published annually if they wish to pursue other examples of economic valuation.Finally, although the present text is intended for all the interested public, not requiring more knowledge in economic or ecological theory, for the public that comes from the environmental sciences, it allows a perception of the conceptual structure of the economy that prevents it until the moment as the management tools derived from it, to achieve effective results in sustainability.
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