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Environmental & Ecological Economics for Development

Environmental & Ecological Economics for Development. Lecture 1: Natural Resource, Environmental and Ecological Economics. Natural Resource (& Agricultural) Economics. Physiocrats et al. Malthus Rent Ricardo Von Thunen Production & marketing efficiency Welfare economics and policy

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Environmental & Ecological Economics for Development

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  1. Environmental & Ecological Economics for Development Lecture 1: Natural Resource, Environmental and Ecological Economics

  2. Natural Resource (& Agricultural) Economics • Physiocrats et al. • Malthus • Rent • Ricardo • Von Thunen • Production & marketing efficiency • Welfare economics and policy • Externalities • Hicks-Kaldor potential compensation • Time and discounting • Pollution and externalities • Common property resources • Renewable and non-renewable resources • Property Rights • Conservation economics • Optimal Growth and Sustainable Development • Regulation of Natural Monopolies (and other state interventions)

  3. Environmental economics • Pollution & pollution control (Pigou …) • Resource scarcity & growth (Ricardo, ..) • Welfare economics and CBA • Acid Rain • Positional goods (Fred Hirsch) • Environmental Valuation • (WTP, WTA, CV, Hedonic pricing, Travel Costs) • Population, Growth and Sustainability • Natural capital • Green Accounting

  4. Ecological Economics • Population, Growth, Technology, Envirnoment • I=PAT • Nature • Wilderness • Arcadia • Sustainability • Strong and very Strong • Energy • Ecosystem services • Community management

  5. Environmental and Ecological Economics Contrasted

  6. Economy-environment interactions Environmental economics e1 renewable and non-renewable natural resources (land values and rents) e2 sinks (pollution externalities) e3 aesthetic values and positional goods Ecological economics e1, e2 &e3 & e4 earth ecosystem services

  7. Environmental “technology”

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