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Topic 12 Notes

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Topic 12 Notes for HSC 2011 Economics Course. Taught at top performing Eastern Suburbs Private School

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5 Pages Partial Study Notes > 2 Years old
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Topic 12 Notes
Topics this document covers:
Technology Economics Disaster Environment Externality Environmental economics Market failure Sustainability Environmentalism Energy subsidies Environmental social science Resource Free-market environmentalism
This is a Partial Set of Study Notes

Partial Study Notes typically cover only single topics of a unit of study or do not cover multiple topics in significant detail. They are generally less than 20 pages in length.

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Topics this document covers:
Technology Economics Disaster Environment Externality Environmental economics Market failure Sustainability Environmentalism Energy subsidies Environmental social science Resource Free-market environmentalism
Sample Text:
• In recent decades, environmental issues have been incorporated into economic theory with the emergence of environmental economics 12.2 Ecologically Sustainable Development • Environmental economics emphasizes the need to pursue a sustainable level of growth, taking into account the effects that economic activity has on the environment. • Environmental economists point out that unless the hidden costs of economic growth are taken into account, fast growth may lead to ra...
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