Download KULIAH-1 Why Study Economics (Ch1 EE Daly Farley II) PDF Free - Full Version
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About KULIAH-1 Why Study Economics (Ch1 EE Daly Farley II)
This chapter introduces ecological economics and contrasts it with neoclassical economics. It discusses that ecological economics considers environmental limits, recognizes that markets do not reveal all desires or distribute resources justly, and acknowledges optimal scale. Neoclassical economics focuses on maximizing utility and profit through continuous economic growth. The chapter then provides an overview of the co-evolution of economics and human cultures from hunter-gatherers to modern industrialized societies. It argues that studying economics is important to understand both what markets do well and their limitations regarding ecosystem goods and services.
Detailed Information
| Author: | ['Gorky William'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 24 |
| Language: | English |
| Format: | |
| Price: | FREE |
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