ECONOMICS/ENVIRONMENTAL POLICY

What does economics mean?

• the amount of a product or service offered for sale at a given price
• the study of how resources are converted into products and services and of how those products and services are distributed and used
• the field of economics that recognizes the relationships between ecosystems and economic systems
• the field of economics that links environmental and economic costs

the amount of a product or service offered for sale at a given price

• supply
• demand
• cost-benefit analysis
• environmental economics

a general plan and principle related to the interactions between humans and the environment.

• environmental policy
• Environmental Impact Statement (EIS)
• command-and-control approach
• green tax

the amount of a product or service people will buy at a given price if free to do so

• supply
• demand
• economics
• environmental policy

the field of economics that recognizes the relationships between ecosystems and economic systems

• environmental economics
• ecology economics
• economics
• none of these