Research Paper on Environmental Economics

Environmental economics is a branch of economics, which deals with the question of the causes and solutions of environmental problems. Ecological economics considers the economy to be a part of the ecosystem, which focuses on preserving natural capital.

Until the mid-1980s, environmental economics and natural resource economics were two independently evolving disciplines. The environmental economics focuses on finding solutions to environmental damage problems caused by economic activities. The economics of natural resources, in turn, focuses on the extraction of natural resources (all goods not reproducible by man) and the impact of socioeconomic reproduction of natural resources.

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With the advent of new environmental risks and the birth of the concept of sustainable development, this dissociation between environmental economics and natural resource economics became less relevant. It appears that the pollution can counteract the reproduction of natural resources (acid rain and climate change affect biodiversity, for example), and similarly, the extraction and use of natural resources exacerbate pollution (use of coal in thermal power plants is partly responsible for acid rain and oil use is the main source of increased greenhouse effect). It therefore becomes necessary to take into account these interactions.

The concept of natural capital has favored the union of the two disciplines. Natural capital refers to all goods and services provided by nature, that is to say, natural resources but also environmental services such as sewage provided by the oceans, biogeochemical mass-balances, the climate balance, etc. Thus, environmental economics is intended to discover management procedures for environmental degradation, which is interpreted as depreciation of natural capital.

Environmental economics is one of the most important topics to be studied today. In today’s world, when issues are on the front pages of major newspapers and environmental disasters are causing billions of dollars of losses, the emergence of a new discipline, which aims to find answers for the important questions: how economic human activities affect the environment and what costs it brings, can only be welcomed. Another positive of this relatively new subfield of economics is studying the phenomenon comprehensively and this means more effectively. Students who write research paper on environmental economics should carefully investigate the history of the emergence of this branch of the economy and study the results of its activities. You also need to present your ideas of development and improvement of methods to search for new solutions of environmental economics issues.

To write excellent research proposals on ecological economics you should have a good knowledge in several related fields, and understand how environmental issues can affect the economy. If you were able to carry out successfully your research and are ready to present them in your research paper, we recommend that you seek help from free research paper examples on. From these examples, you will learn how to structure your article and convincingly demonstrate the facts presented in it.

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