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7. Environmental Economics Vocabulary

Environment Economics Vocabulary

Define the following Environmental Vocabulary

1. Carbon Footprint -   " http://www.carbonfootprint.com/carbonfootprint.html

2. Positive Externalities

3. Negative Externalities

4. Pollution

5. common-pool problem

6. Renewable Resource vs Non-Renewable Resource

7. Marginal Social cost

8. Fixed Production Technology

9. Marginal Social Benefit

10. Command and Control environmental regulations

11. Economic Efficiency Approach

12. Recycling

13. Sustainability

 

 

 

 

 

 

 

 

 

 

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