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Ecological efficiency is the exploitation efficiency multiplied by the assimilation efficiency multiplied by the net production efficiency, which is equivalent to the amount of consumer production divided by the amount of prey production (/)
Microeconomic reform is the implementation of policies that aim to reduce economic distortions via deregulation, and move toward economic efficiency. However, there is no clear theoretical basis for the belief that removing a market distortion will always increase economic efficiency.
The significance of Odum's approach was given greater support during the 1970s, amid times of oil crisis, where, as Gilliland (1978, pp. 100) observed, there was an emerging need for a new method of analysing the importance and value of energy resources to economic and environmental production.
[4] [5] Despite these benefits, economic activities often result in harm to biodiversity, such as through deforestation. [1] The majority of species have yet to be evaluated for their current or future economic importance. [6] Raw materials, pharmaceuticals and drug production all directly and indirectly depend upon biodiversity. [6]
Primary production in most ecosystems is dominated by the process of photosynthesis, In which organisms synthesize organic molecules from sunlight, H 2 O, and CO 2. [3] Aquatic primary productivity refers to the production of organic matter, such as phytoplankton, aquatic plants, and algae, in aquatic ecosystems, which include oceans, lakes ...
In microeconomic theory, productive efficiency (or production efficiency) is a situation in which the economy or an economic system (e.g., bank, hospital, industry, country) operating within the constraints of current industrial technology cannot increase production of one good without sacrificing production of another good. [1]
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]
Species effect and diversity in an ecosystem can be analyzed through their performance and efficiency. [21] In addition, secondary production in streams can be influenced heavily by detritus that falls into the streams; production of benthic fauna biomass and abundance decreased an additional 47–50% during a study of litter removal and exclusion.