SlideShare a Scribd company logo
1 of 11
Download to read offline
INTERACTIONS (LINKAGES)
AND THE
Sr.Sindhu P.J (Sr.Sharin CTC)
Assistant Professor
Department of Economics
St.Xavier’s College for Women, Aluva
The environment and the
economy are very closely related.
The environment provides the
resources for production and
consumption in the economy
and receives the waste from these
activities.
Linkage between environment and economy can be
studied from the following points of consideration
I. Environment in Economic Analysis
Environmental issues are considered in the
production and consumption analysis in
economics.
 Green production and green consumption is
demand of the modern world.
 In economics tools of fiscal policies are
discussed in the environmental context.
Continued.....
 There are three factors of production, natural,
physical and human factors. Natural factors are
directly connected with the environment.
 Environmental considerations are very
important in Micro and Macro economics,
agriculture, industrial economics, public
finance, regional economic planning etc.
Environmental policy becomes an important
part of economic policy.
 Environment resources, their allocation and
utilization are considered in the context of their
economic cost benefit
 There are many environment theories which have
developed with the integration of economic theories.
These include
 environment resource planning,
 sustainable environment,
 development environment,
 input-output model,
 environment cost analysis,
 environment policy, environment pricing,
 environment budgeting, environment
 fiscal analysis etc.
III. Environmental problems and their
solution in Economics
With the help of input-output analysis,
cost benefit analysis, pollution tax and
environmental subsidies, economics
shows various ways and means to solve
the environmental problems.
 Environmental problems are basically
man-made and economics has solution
for them.
IV. Mutual Dependence:
 There are environmental causes for economic
problems and economic causes for
environment problems.
 There are economic solution for environment
problems and environment solution for
economic problems.
 In the same way, environment theories are
needed for economic theories and economic
theories are essential for environment theories.
V. Environment provides resources to the
economy
Environment provides land, water,
air, energy resources, coal, oil,
forests, minerals and metals and so
many other natural resources
which are essential for the
economic development of the
economy.
VI. Environment assimilates the waste
and provides utility:
Natural resources are input to the
economic system and natural wastes are
recycled.
For example, trees dispose of their leaves,
decompose and are converted into an
organic fertilizer for plants.
Whatever we use up for way of resources,
must end up somewhere in that
environment system and cannot be
disappeared or destroyed
Thank you

More Related Content

What's hot

Pareto optimality 2
Pareto optimality 2 Pareto optimality 2
Pareto optimality 2 Prabha Panth
 
Measuring economic development
Measuring economic developmentMeasuring economic development
Measuring economic developmentAisling O Connor
 
05 the entropy law and economic process
05 the entropy law and economic process05 the entropy law and economic process
05 the entropy law and economic processPrabha Panth
 
Economic growth and development
Economic growth and developmentEconomic growth and development
Economic growth and developmentNishaad Sethi
 
Sustainable development 1
Sustainable development 1Sustainable development 1
Sustainable development 1Prabha Panth
 
Cost benefit analysis of resources
Cost benefit analysis of resourcesCost benefit analysis of resources
Cost benefit analysis of resourcesAl Jubaer
 
Market based instrument for pollution control
Market based instrument for pollution controlMarket based instrument for pollution control
Market based instrument for pollution controlAbuzer Ansari
 
Contingent valuation method
Contingent valuation methodContingent valuation method
Contingent valuation methodKavi Priya J
 
Input – output model of economic development
Input – output model of economic developmentInput – output model of economic development
Input – output model of economic developmentRavi Varma reddy
 
Boserup theory of agricultural development
Boserup theory of agricultural developmentBoserup theory of agricultural development
Boserup theory of agricultural developmentVaibhav verma
 
Theory of Technical dualism
Theory of Technical dualism Theory of Technical dualism
Theory of Technical dualism Sharin1234
 
Project evaluation and cost benefit analysis
Project evaluation and cost benefit analysisProject evaluation and cost benefit analysis
Project evaluation and cost benefit analysisMAHONDO JAMES
 
Valuation of Environmental Resources
Valuation of Environmental ResourcesValuation of Environmental Resources
Valuation of Environmental ResourcesIwl Pcu
 
Gunnar myrdal presentation
Gunnar myrdal presentationGunnar myrdal presentation
Gunnar myrdal presentationHarsha Aswani
 

What's hot (20)

Pareto optimality 2
Pareto optimality 2 Pareto optimality 2
Pareto optimality 2
 
Measuring economic development
Measuring economic developmentMeasuring economic development
Measuring economic development
 
02 mrkt failure
02 mrkt failure02 mrkt failure
02 mrkt failure
 
05 the entropy law and economic process
05 the entropy law and economic process05 the entropy law and economic process
05 the entropy law and economic process
 
Lewis model
Lewis model Lewis model
Lewis model
 
09 coase theorem
09 coase theorem09 coase theorem
09 coase theorem
 
Economic growth and development
Economic growth and developmentEconomic growth and development
Economic growth and development
 
Sustainable development 1
Sustainable development 1Sustainable development 1
Sustainable development 1
 
Cost benefit analysis of resources
Cost benefit analysis of resourcesCost benefit analysis of resources
Cost benefit analysis of resources
 
Market based instrument for pollution control
Market based instrument for pollution controlMarket based instrument for pollution control
Market based instrument for pollution control
 
Contingent valuation method
Contingent valuation methodContingent valuation method
Contingent valuation method
 
Solow model of growth
Solow model of growthSolow model of growth
Solow model of growth
 
Input – output model of economic development
Input – output model of economic developmentInput – output model of economic development
Input – output model of economic development
 
Boserup theory of agricultural development
Boserup theory of agricultural developmentBoserup theory of agricultural development
Boserup theory of agricultural development
 
Theory of Technical dualism
Theory of Technical dualism Theory of Technical dualism
Theory of Technical dualism
 
Harrod domer model PPT
Harrod domer model PPTHarrod domer model PPT
Harrod domer model PPT
 
Project evaluation and cost benefit analysis
Project evaluation and cost benefit analysisProject evaluation and cost benefit analysis
Project evaluation and cost benefit analysis
 
Market failure
Market failure Market failure
Market failure
 
Valuation of Environmental Resources
Valuation of Environmental ResourcesValuation of Environmental Resources
Valuation of Environmental Resources
 
Gunnar myrdal presentation
Gunnar myrdal presentationGunnar myrdal presentation
Gunnar myrdal presentation
 

Similar to Economy - environment interaction(Linkages)

Introduction to Environmental economics.pptx
Introduction to Environmental economics.pptxIntroduction to Environmental economics.pptx
Introduction to Environmental economics.pptxharshaniherath2
 
Economics-of-environment-ppt-1.pptx
Economics-of-environment-ppt-1.pptxEconomics-of-environment-ppt-1.pptx
Economics-of-environment-ppt-1.pptxssuser91e405
 
multidisciplinarynatureofenviroment-190118092544 (1).pptx
multidisciplinarynatureofenviroment-190118092544 (1).pptxmultidisciplinarynatureofenviroment-190118092544 (1).pptx
multidisciplinarynatureofenviroment-190118092544 (1).pptxMsNehaSharma2
 
Scope and aspect of environmental resource management
Scope and aspect of environmental resource managementScope and aspect of environmental resource management
Scope and aspect of environmental resource managementAl Jubaer
 
Environmental Economics
Environmental EconomicsEnvironmental Economics
Environmental EconomicsTintoTom3
 
Multidisciplinary nature of enviroment
Multidisciplinary nature of enviromentMultidisciplinary nature of enviroment
Multidisciplinary nature of enviromentShaikh Sabina Meraj
 
Multidisciplinary nature of enviroment
Multidisciplinary nature of enviromentMultidisciplinary nature of enviroment
Multidisciplinary nature of enviromentsabinameraj
 
INTRODUCTION TO ENVIRONMENT & NATURAL RESOURCES
INTRODUCTION TO ENVIRONMENT & NATURAL RESOURCESINTRODUCTION TO ENVIRONMENT & NATURAL RESOURCES
INTRODUCTION TO ENVIRONMENT & NATURAL RESOURCEShkokani2461
 
multidisciplinarynatureofenviroment-190118092544-converted.pptx
multidisciplinarynatureofenviroment-190118092544-converted.pptxmultidisciplinarynatureofenviroment-190118092544-converted.pptx
multidisciplinarynatureofenviroment-190118092544-converted.pptxShivamsingh46435
 
Econ_3105_20220124_191510_Environment.ppt.pptx
Econ_3105_20220124_191510_Environment.ppt.pptxEcon_3105_20220124_191510_Environment.ppt.pptx
Econ_3105_20220124_191510_Environment.ppt.pptxTanzimulSumon1
 
multidisciplinary nature of enviroment.pptx.pdf
multidisciplinary nature of enviroment.pptx.pdfmultidisciplinary nature of enviroment.pptx.pdf
multidisciplinary nature of enviroment.pptx.pdfRaaniaPalti
 
Biodiversity and natural capital within green economy
Biodiversity and natural capital within green economyBiodiversity and natural capital within green economy
Biodiversity and natural capital within green economyMarianne Kettunen
 
environmentalmanagement-140518232509-phpapp02.pdf
environmentalmanagement-140518232509-phpapp02.pdfenvironmentalmanagement-140518232509-phpapp02.pdf
environmentalmanagement-140518232509-phpapp02.pdfJacob912946
 
MANAGEMENT OF THE ENVIRONMENT
 MANAGEMENT OF  THE ENVIRONMENT MANAGEMENT OF  THE ENVIRONMENT
MANAGEMENT OF THE ENVIRONMENTPintu Kabiraj
 
Ecological economics and biodiversity conservation
Ecological economics and biodiversity conservationEcological economics and biodiversity conservation
Ecological economics and biodiversity conservationSaroj Upadhyay
 
International Journal of Humanities and Social Science Invention (IJHSSI)
International Journal of Humanities and Social Science Invention (IJHSSI)International Journal of Humanities and Social Science Invention (IJHSSI)
International Journal of Humanities and Social Science Invention (IJHSSI)inventionjournals
 

Similar to Economy - environment interaction(Linkages) (20)

Introduction to Environmental economics.pptx
Introduction to Environmental economics.pptxIntroduction to Environmental economics.pptx
Introduction to Environmental economics.pptx
 
Economics-of-environment-ppt-1.pptx
Economics-of-environment-ppt-1.pptxEconomics-of-environment-ppt-1.pptx
Economics-of-environment-ppt-1.pptx
 
multidisciplinarynatureofenviroment-190118092544 (1).pptx
multidisciplinarynatureofenviroment-190118092544 (1).pptxmultidisciplinarynatureofenviroment-190118092544 (1).pptx
multidisciplinarynatureofenviroment-190118092544 (1).pptx
 
Notes (2).pdf
Notes (2).pdfNotes (2).pdf
Notes (2).pdf
 
Scope and aspect of environmental resource management
Scope and aspect of environmental resource managementScope and aspect of environmental resource management
Scope and aspect of environmental resource management
 
Environmental Economics
Environmental EconomicsEnvironmental Economics
Environmental Economics
 
Environmental policy
Environmental policyEnvironmental policy
Environmental policy
 
Multidisciplinary nature of enviroment
Multidisciplinary nature of enviromentMultidisciplinary nature of enviroment
Multidisciplinary nature of enviroment
 
Multidisciplinary nature of enviroment
Multidisciplinary nature of enviromentMultidisciplinary nature of enviroment
Multidisciplinary nature of enviroment
 
INTRODUCTION TO ENVIRONMENT & NATURAL RESOURCES
INTRODUCTION TO ENVIRONMENT & NATURAL RESOURCESINTRODUCTION TO ENVIRONMENT & NATURAL RESOURCES
INTRODUCTION TO ENVIRONMENT & NATURAL RESOURCES
 
multidisciplinarynatureofenviroment-190118092544-converted.pptx
multidisciplinarynatureofenviroment-190118092544-converted.pptxmultidisciplinarynatureofenviroment-190118092544-converted.pptx
multidisciplinarynatureofenviroment-190118092544-converted.pptx
 
Econ_3105_20220124_191510_Environment.ppt.pptx
Econ_3105_20220124_191510_Environment.ppt.pptxEcon_3105_20220124_191510_Environment.ppt.pptx
Econ_3105_20220124_191510_Environment.ppt.pptx
 
multidisciplinary nature of enviroment.pptx.pdf
multidisciplinary nature of enviroment.pptx.pdfmultidisciplinary nature of enviroment.pptx.pdf
multidisciplinary nature of enviroment.pptx.pdf
 
Biodiversity and natural capital within green economy
Biodiversity and natural capital within green economyBiodiversity and natural capital within green economy
Biodiversity and natural capital within green economy
 
Unit i intrdtn to env
Unit i intrdtn to envUnit i intrdtn to env
Unit i intrdtn to env
 
environmentalmanagement-140518232509-phpapp02.pdf
environmentalmanagement-140518232509-phpapp02.pdfenvironmentalmanagement-140518232509-phpapp02.pdf
environmentalmanagement-140518232509-phpapp02.pdf
 
MANAGEMENT OF THE ENVIRONMENT
 MANAGEMENT OF  THE ENVIRONMENT MANAGEMENT OF  THE ENVIRONMENT
MANAGEMENT OF THE ENVIRONMENT
 
PtB of IEEP on Nature and Green Economy OPERAs to Oxford univ masters 17 Marc...
PtB of IEEP on Nature and Green Economy OPERAs to Oxford univ masters 17 Marc...PtB of IEEP on Nature and Green Economy OPERAs to Oxford univ masters 17 Marc...
PtB of IEEP on Nature and Green Economy OPERAs to Oxford univ masters 17 Marc...
 
Ecological economics and biodiversity conservation
Ecological economics and biodiversity conservationEcological economics and biodiversity conservation
Ecological economics and biodiversity conservation
 
International Journal of Humanities and Social Science Invention (IJHSSI)
International Journal of Humanities and Social Science Invention (IJHSSI)International Journal of Humanities and Social Science Invention (IJHSSI)
International Journal of Humanities and Social Science Invention (IJHSSI)
 

Recently uploaded

Transforming Landscapes-The Inspiring Journey of Restoring Mines, the Ruhr Va...
Transforming Landscapes-The Inspiring Journey of Restoring Mines, the Ruhr Va...Transforming Landscapes-The Inspiring Journey of Restoring Mines, the Ruhr Va...
Transforming Landscapes-The Inspiring Journey of Restoring Mines, the Ruhr Va...G20LandInitiative
 
Issues regarding the provision of the Convention. Introduction to the Text an...
Issues regarding the provision of the Convention. Introduction to the Text an...Issues regarding the provision of the Convention. Introduction to the Text an...
Issues regarding the provision of the Convention. Introduction to the Text an...pensoftservices
 
CIP Presentation Abdul Jabbar Shahani 2.pptx
CIP Presentation Abdul Jabbar Shahani 2.pptxCIP Presentation Abdul Jabbar Shahani 2.pptx
CIP Presentation Abdul Jabbar Shahani 2.pptxporaniyadain1
 
ENVIRONMENTAL ISSUES AND AWARENESS - Presentation
ENVIRONMENTAL ISSUES AND AWARENESS - PresentationENVIRONMENTAL ISSUES AND AWARENESS - Presentation
ENVIRONMENTAL ISSUES AND AWARENESS - PresentationTaruna Deshwal
 
CO-OP4CBD and its role in increasing Science – Policy Interface. Jorge Luis V...
CO-OP4CBD and its role in increasing Science – Policy Interface. Jorge Luis V...CO-OP4CBD and its role in increasing Science – Policy Interface. Jorge Luis V...
CO-OP4CBD and its role in increasing Science – Policy Interface. Jorge Luis V...pensoftservices
 
Discussing how the scientific mechanisms of the CBD work. CBD mechanisms, pro...
Discussing how the scientific mechanisms of the CBD work. CBD mechanisms, pro...Discussing how the scientific mechanisms of the CBD work. CBD mechanisms, pro...
Discussing how the scientific mechanisms of the CBD work. CBD mechanisms, pro...pensoftservices
 
Forest Loss in 2023: Regional Contexts and Global Trends - April 4, 2024 Webinar
Forest Loss in 2023: Regional Contexts and Global Trends - April 4, 2024 WebinarForest Loss in 2023: Regional Contexts and Global Trends - April 4, 2024 Webinar
Forest Loss in 2023: Regional Contexts and Global Trends - April 4, 2024 WebinarGlobal Forest Watch
 
Your Compost Is Not Compostable -- Tips on What Best Rots
Your Compost Is Not Compostable -- Tips on What Best RotsYour Compost Is Not Compostable -- Tips on What Best Rots
Your Compost Is Not Compostable -- Tips on What Best RotsDeidre Pike
 
SBSTTA 26 Biosafety AI’s. A policy perspective. Jens Warrie.
SBSTTA 26 Biosafety AI’s. A policy perspective. Jens Warrie.SBSTTA 26 Biosafety AI’s. A policy perspective. Jens Warrie.
SBSTTA 26 Biosafety AI’s. A policy perspective. Jens Warrie.pensoftservices
 
Poly-_and_perfluoroalkyl_substances_-sources_pathways_and_environmental_data_...
Poly-_and_perfluoroalkyl_substances_-sources_pathways_and_environmental_data_...Poly-_and_perfluoroalkyl_substances_-sources_pathways_and_environmental_data_...
Poly-_and_perfluoroalkyl_substances_-sources_pathways_and_environmental_data_...Eric Liu
 
A closer look at wasteland and their reclamation
A closer look at wasteland and their reclamationA closer look at wasteland and their reclamation
A closer look at wasteland and their reclamationSagar Chaudhary
 
The KM-GBF monitoring framework –status & key messages. Joachim Töpper and Ha...
The KM-GBF monitoring framework –status & key messages. Joachim Töpper and Ha...The KM-GBF monitoring framework –status & key messages. Joachim Töpper and Ha...
The KM-GBF monitoring framework –status & key messages. Joachim Töpper and Ha...pensoftservices
 
Envermental studies Engineering B.tech.pptx
Envermental studies Engineering B.tech.pptx Envermental studies Engineering B.tech.pptx
Envermental studies Engineering B.tech.pptx dencha8055
 
DETAILED LESSON FINAL DEMO TEACHING.docx
DETAILED LESSON FINAL DEMO TEACHING.docxDETAILED LESSON FINAL DEMO TEACHING.docx
DETAILED LESSON FINAL DEMO TEACHING.docxImilyAcma
 
Identifying ecologically or biologically significant marine areas: a national...
Identifying ecologically or biologically significant marine areas: a national...Identifying ecologically or biologically significant marine areas: a national...
Identifying ecologically or biologically significant marine areas: a national...pensoftservices
 
The Road to Cali. Dr. Aleksandar Rankovic
The Road to Cali. Dr. Aleksandar RankovicThe Road to Cali. Dr. Aleksandar Rankovic
The Road to Cali. Dr. Aleksandar Rankovicpensoftservices
 
Discussing Specific Encounters for Eastern European Scientists: Involvement a...
Discussing Specific Encounters for Eastern European Scientists: Involvement a...Discussing Specific Encounters for Eastern European Scientists: Involvement a...
Discussing Specific Encounters for Eastern European Scientists: Involvement a...pensoftservices
 
Winter Springs Sediment Removal: A Major Step Forward
Winter Springs Sediment Removal: A Major Step ForwardWinter Springs Sediment Removal: A Major Step Forward
Winter Springs Sediment Removal: A Major Step ForwardVictoriaColangelo
 
Synthetic biology. Fanny Coppens, Sciensano.
Synthetic biology. Fanny Coppens, Sciensano.Synthetic biology. Fanny Coppens, Sciensano.
Synthetic biology. Fanny Coppens, Sciensano.pensoftservices
 

Recently uploaded (20)

Transforming Landscapes-The Inspiring Journey of Restoring Mines, the Ruhr Va...
Transforming Landscapes-The Inspiring Journey of Restoring Mines, the Ruhr Va...Transforming Landscapes-The Inspiring Journey of Restoring Mines, the Ruhr Va...
Transforming Landscapes-The Inspiring Journey of Restoring Mines, the Ruhr Va...
 
Issues regarding the provision of the Convention. Introduction to the Text an...
Issues regarding the provision of the Convention. Introduction to the Text an...Issues regarding the provision of the Convention. Introduction to the Text an...
Issues regarding the provision of the Convention. Introduction to the Text an...
 
CIP Presentation Abdul Jabbar Shahani 2.pptx
CIP Presentation Abdul Jabbar Shahani 2.pptxCIP Presentation Abdul Jabbar Shahani 2.pptx
CIP Presentation Abdul Jabbar Shahani 2.pptx
 
ENVIRONMENTAL ISSUES AND AWARENESS - Presentation
ENVIRONMENTAL ISSUES AND AWARENESS - PresentationENVIRONMENTAL ISSUES AND AWARENESS - Presentation
ENVIRONMENTAL ISSUES AND AWARENESS - Presentation
 
CO-OP4CBD and its role in increasing Science – Policy Interface. Jorge Luis V...
CO-OP4CBD and its role in increasing Science – Policy Interface. Jorge Luis V...CO-OP4CBD and its role in increasing Science – Policy Interface. Jorge Luis V...
CO-OP4CBD and its role in increasing Science – Policy Interface. Jorge Luis V...
 
Discussing how the scientific mechanisms of the CBD work. CBD mechanisms, pro...
Discussing how the scientific mechanisms of the CBD work. CBD mechanisms, pro...Discussing how the scientific mechanisms of the CBD work. CBD mechanisms, pro...
Discussing how the scientific mechanisms of the CBD work. CBD mechanisms, pro...
 
Forest Loss in 2023: Regional Contexts and Global Trends - April 4, 2024 Webinar
Forest Loss in 2023: Regional Contexts and Global Trends - April 4, 2024 WebinarForest Loss in 2023: Regional Contexts and Global Trends - April 4, 2024 Webinar
Forest Loss in 2023: Regional Contexts and Global Trends - April 4, 2024 Webinar
 
Your Compost Is Not Compostable -- Tips on What Best Rots
Your Compost Is Not Compostable -- Tips on What Best RotsYour Compost Is Not Compostable -- Tips on What Best Rots
Your Compost Is Not Compostable -- Tips on What Best Rots
 
SBSTTA 26 Biosafety AI’s. A policy perspective. Jens Warrie.
SBSTTA 26 Biosafety AI’s. A policy perspective. Jens Warrie.SBSTTA 26 Biosafety AI’s. A policy perspective. Jens Warrie.
SBSTTA 26 Biosafety AI’s. A policy perspective. Jens Warrie.
 
Poly-_and_perfluoroalkyl_substances_-sources_pathways_and_environmental_data_...
Poly-_and_perfluoroalkyl_substances_-sources_pathways_and_environmental_data_...Poly-_and_perfluoroalkyl_substances_-sources_pathways_and_environmental_data_...
Poly-_and_perfluoroalkyl_substances_-sources_pathways_and_environmental_data_...
 
A closer look at wasteland and their reclamation
A closer look at wasteland and their reclamationA closer look at wasteland and their reclamation
A closer look at wasteland and their reclamation
 
The KM-GBF monitoring framework –status & key messages. Joachim Töpper and Ha...
The KM-GBF monitoring framework –status & key messages. Joachim Töpper and Ha...The KM-GBF monitoring framework –status & key messages. Joachim Töpper and Ha...
The KM-GBF monitoring framework –status & key messages. Joachim Töpper and Ha...
 
Envermental studies Engineering B.tech.pptx
Envermental studies Engineering B.tech.pptx Envermental studies Engineering B.tech.pptx
Envermental studies Engineering B.tech.pptx
 
DETAILED LESSON FINAL DEMO TEACHING.docx
DETAILED LESSON FINAL DEMO TEACHING.docxDETAILED LESSON FINAL DEMO TEACHING.docx
DETAILED LESSON FINAL DEMO TEACHING.docx
 
Identifying ecologically or biologically significant marine areas: a national...
Identifying ecologically or biologically significant marine areas: a national...Identifying ecologically or biologically significant marine areas: a national...
Identifying ecologically or biologically significant marine areas: a national...
 
The Road to Cali. Dr. Aleksandar Rankovic
The Road to Cali. Dr. Aleksandar RankovicThe Road to Cali. Dr. Aleksandar Rankovic
The Road to Cali. Dr. Aleksandar Rankovic
 
Discussing Specific Encounters for Eastern European Scientists: Involvement a...
Discussing Specific Encounters for Eastern European Scientists: Involvement a...Discussing Specific Encounters for Eastern European Scientists: Involvement a...
Discussing Specific Encounters for Eastern European Scientists: Involvement a...
 
Winter Springs Sediment Removal: A Major Step Forward
Winter Springs Sediment Removal: A Major Step ForwardWinter Springs Sediment Removal: A Major Step Forward
Winter Springs Sediment Removal: A Major Step Forward
 
Synthetic biology. Fanny Coppens, Sciensano.
Synthetic biology. Fanny Coppens, Sciensano.Synthetic biology. Fanny Coppens, Sciensano.
Synthetic biology. Fanny Coppens, Sciensano.
 
The IFLA ENSULIB Webinar Series #11: The Walking Librarians in Kerala
The IFLA ENSULIB Webinar Series #11: The Walking Librarians in KeralaThe IFLA ENSULIB Webinar Series #11: The Walking Librarians in Kerala
The IFLA ENSULIB Webinar Series #11: The Walking Librarians in Kerala
 

Economy - environment interaction(Linkages)

  • 1. INTERACTIONS (LINKAGES) AND THE Sr.Sindhu P.J (Sr.Sharin CTC) Assistant Professor Department of Economics St.Xavier’s College for Women, Aluva
  • 2. The environment and the economy are very closely related. The environment provides the resources for production and consumption in the economy and receives the waste from these activities.
  • 3. Linkage between environment and economy can be studied from the following points of consideration I. Environment in Economic Analysis Environmental issues are considered in the production and consumption analysis in economics.  Green production and green consumption is demand of the modern world.  In economics tools of fiscal policies are discussed in the environmental context.
  • 4. Continued.....  There are three factors of production, natural, physical and human factors. Natural factors are directly connected with the environment.  Environmental considerations are very important in Micro and Macro economics, agriculture, industrial economics, public finance, regional economic planning etc. Environmental policy becomes an important part of economic policy.
  • 5.  Environment resources, their allocation and utilization are considered in the context of their economic cost benefit  There are many environment theories which have developed with the integration of economic theories. These include  environment resource planning,  sustainable environment,  development environment,  input-output model,  environment cost analysis,  environment policy, environment pricing,  environment budgeting, environment  fiscal analysis etc.
  • 6. III. Environmental problems and their solution in Economics With the help of input-output analysis, cost benefit analysis, pollution tax and environmental subsidies, economics shows various ways and means to solve the environmental problems.  Environmental problems are basically man-made and economics has solution for them.
  • 7. IV. Mutual Dependence:  There are environmental causes for economic problems and economic causes for environment problems.  There are economic solution for environment problems and environment solution for economic problems.  In the same way, environment theories are needed for economic theories and economic theories are essential for environment theories.
  • 8. V. Environment provides resources to the economy Environment provides land, water, air, energy resources, coal, oil, forests, minerals and metals and so many other natural resources which are essential for the economic development of the economy.
  • 9. VI. Environment assimilates the waste and provides utility: Natural resources are input to the economic system and natural wastes are recycled. For example, trees dispose of their leaves, decompose and are converted into an organic fertilizer for plants. Whatever we use up for way of resources, must end up somewhere in that environment system and cannot be disappeared or destroyed
  • 10.