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Natural Resources and Measuring Welfare

Environmental Science · Chapter 14 · Section C - 6. Environmental and Natural Resource Economics

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Topics 4

  1. Classification of natural resources by origin, renewability, development and distribution
  2. Scarcity and growth; natural resource accounting and physical accounting
  3. GDP and GNP as measures of growth: advantages and disadvantages
  4. Purpose of environmental economics; defensive expenditure and its classification; natural/ecological capital