Environmental Economics
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Featured Article
Daily, Gretchen
Gretchen C. Daily is Associate Professor in the Department of Biological Sciences, Director of the Tropical Research Program of the Center for Conservation Biology, and a Senior... More »
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Featured News
Economic Cost of Weather in U.S.
Economic Cost of Weather May Total $485 Billion in U.S. Routine weather events can add up to huge annual economic impact Everything has its price, even the weather. Research... More »
Microeconomics and the environment
Last Updated on 2013-05-02 at 20:03
Theoretical Perspectives on the Environment
The Two Paradigms of Economics and Ecology
There are many controversies over environmental issues. Should oil... More »
Supply and demand
Last Updated on 2013-04-30 at 20:28
Theory of Supply
We will start with the following thought experiment. Suppose there is a condominium apartment building where all the apartments are identical, and... More »
Theories of unemployment
Last Updated on 2013-04-30 at 19:25
Why does unemployment arise, and what can be done about it? Economists favor different theories, depending on whether they take a more Classical or a more Keynesian... More »
Energy return on investment (EROI)
Last Updated on 2013-04-10 at 18:03
Energy return on investment (EROI) is the ratio of the energy delivered by a process to the energy used directly and indirectly in that process. EROI is defined... More »
Neoclassical economic theory
Last Updated on 2013-04-05 at 16:40
Origins of Neoclassical Economic Theory
In textbooks on economics, the creators of neoclassical economics (Stanley Jevons, Leon Walras, Francis Ysidro Edgeworth, and... More »
Types of unemployment
Last Updated on 2013-04-04 at 21:50
Government agencies often are concerned with calculating the numbers of the unemployed, while economists are more concerned with the causes of unemployment. Economists often... More »
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