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Integrate ecological and economic knowledge to structure the evaluation of ecosystem services under different scenarios. Recommend appropriate valuation methodologies for different contexts. Examine the economic costs of biodiversity decline and the costs and benefits of actions to reduce these losses.
Economic Advisory Council to the Prime Minister (EAC-PM) [1] is a non-constitutional, non-permanent and independent body constituted to give economic advice to the Government of India, specifically the Prime Minister. [2] The council serves to highlight key economic issues facing the country to the government of India from a neutral viewpoint. [3]
Public economics (or economics of the public sector) is the study of government policy through the lens of economic efficiency and equity. Public economics builds on the theory of welfare economics and is ultimately used as a tool to improve social welfare. Welfare can be defined in terms of well-being, prosperity, and overall state of being.
International economics is concerned with the effects upon economic activity from international differences in productive resources and consumer preferences and the international institutions that affect them. It seeks to explain the patterns and consequences of transactions and interactions between the inhabitants of different countries ...
The study of economics are roughly divided into macroeconomics and microeconomics. [38] Today, the range of fields of study examining the economy revolves around the social science of economics, [ 39 ] [ 40 ] but may also include sociology , [ 41 ] history , [ 42 ] anthropology , [ 43 ] and geography . [ 44 ]
Ecological economics, bioeconomics, ecolonomy, eco-economics, or ecol-econ is both a transdisciplinary and an interdisciplinary field of academic research addressing the interdependence and coevolution of human economies and natural ecosystems, both intertemporally and spatially. [1]
Rural economics is the study of rural economies. Rural economies include both agricultural and non-agricultural industries, so rural economics has broader concerns than agricultural economics which focus more on food systems. [1] Rural development [2] and finance [3] attempt to solve larger challenges within rural economics.
Welfare economics is a field of economics that applies microeconomic techniques to evaluate the overall well-being (welfare) of a society. [ 1 ] The principles of welfare economics are often used to inform public economics , which focuses on the ways in which government intervention can improve social welfare .