the microeconomics of wellbeing and sustainability

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The Microeconomics of Wellbeing and Sustainability
Author : Leonardo Becchetti,Luigino Bruni,Stefano Zamagni
Publisher : Academic Press
Release Date : 2019-10
ISBN 10 : 0128160276
Pages : 480 pages

The Microeconomics of Wellbeing and Sustainability: Recasting the Economic Process explores the civil economy tradition in economic thought. Gaining increasing consensus worldwide, this alternative-not heterodox-view of the economic process and agents explains how modern economics is placing increasing emphasis on the determinants of subjective wellbeing and environmental sustainability. With support from behavioral economics, this book makes a foundational contribution that will help users better understand and prepare for future economic challenges. Marries criticism of the neo-classical model with empirical work on the possibilities of alternative frameworks for action Links new ideas (homo reciprocans, happiness, relational goods) to established microeconomic concepts (the market, perfect and imperfect competition, utility maximization) Devotes specific attention to relevant elements in economic history, explaining how we evolved to the current paradigm and to its challenge

Environmental Economics
Author : Dodo J. Thampapillai,Matthias Ruth
Publisher : Routledge
Release Date : 2019-05-14
ISBN 10 : 1351670603
Pages : 324 pages

Environmental Economics explores the ways in which economic theory and its applications, as practised and taught today, must be modified to explicitly accommodate the goal of sustainability and the vital role played by environmental capital. Pivoting around the first and second laws of thermodynamics, as well as the principles of ecological resilience, this book is divided into five key parts, which includes extensive coverage of environmental microeconomics and macroeconomics. It drills down into issues and challenges including consumer demand; production and supply; market organisation; renewable and non-renewable resources; environmental valuation; macroeconomic stabilisation, and international trade and globalisation. Drawing on case studies from forestry, water, soil, air quality, and mining, this book will equip readers with skills that enable the analyses of environmental and economic policy issues with a specific focus on the sustainability of the economy. Rich in pedagogical features, including key concepts boxes and review questions at the end of each chapter, this book will be a vital resource for upperlevel undergraduate and postgraduate students studying not only environmental economics/ecological economics but also economics in general.

Emerging Issues in Economics and Development
Author : Musa Jega Ibrahim
Publisher : BoD – Books on Demand
Release Date : 2017-09-13
ISBN 10 : 9535135295
Pages : 100 pages

Economics is about understanding the rational behaviour of economic agents (households, firms, industries and government) in their decisions to achieve best outcomes of their goals and aspirations. They collectively converge to achieve the utmost economic and social benefits for all in the country in terms of economic growth and development. Economic growth and development occur through efficient use of available resources to meet effective demand and social needs. The challenge that countries are facing is proper application of appropriate policy mix to optimize the opportunities of increasingly interdependent global economic landscape. For emerging economies, a multiple sector strategy that propels economic transformation is crucial. This needs to be predicated on robust macroeconomic policy framework that aligns with global production and consumption activities to drive economic growth process for achieving sustainable development.

Measuring Economic Sustainability and Progress
Author : Dale W. Jorgenson,J. Steven Landefeld,Paul Schreyer
Publisher : University of Chicago Press
Release Date : 2014-10-17
ISBN 10 : 022612147X
Pages : 808 pages

Since the Great Depression, researchers and statisticians have recognized the need for more extensive methods for measuring economic growth and sustainability. The recent recession renewed commitments to closing long-standing gaps in economic measurement, including those related to sustainability and well-being. The latest in the NBER’s influential Studies in Income and Wealth series, which has played a key role in the development of national account statistics in the United States and other nations, this volume explores collaborative solutions between academics, policy researchers, and official statisticians to some of today’s most important economic measurement challenges. Contributors to this volume extend past research on the integration and extension of national accounts to establish an even more comprehensive understanding of the distribution of economic growth and its impact on well-being, including health, human capital, and the environment. The research contributions assess, among other topics, specific conceptual and empirical proposals for extending national accounts.

The Economics of Social Determinants of Health and Health Inequalities
Author : World Health Organization
Publisher : World Health Organization
Release Date : 2013
ISBN 10 : 9241548622
Pages : 124 pages

"This resource book discusses the economic arguments that could (and could not) be put forth to support the case for investing in the social determinants of health on average and in the reduction in socially determined health inequalities. It provides an overview and introduction into how economists would approach the assessment of the economic motivation to invest in the social determinants of health and socially determined health inequities, including what the major challenges are in this assessment. It illustrates the extent to which an economic argument can be made in favour of investment in 3 major social determinants of health areas: education, social protection, and urban development and infrastructure. It describes whether education policy, social protection, and urban development, housing and transport policy can act as health policy"--

Beyond GDP
Author : Marc Fleurbaey,Didier Blanchet
Publisher : Oxford University Press
Release Date : 2013-04-11
ISBN 10 : 0199346917
Pages : 336 pages

In spite of recurrent criticism and an impressive production of alternative indicators by scholars and NGOs, GDP remains the central indicator of countries' success. This book revisits the foundations of indicators of social welfare, and critically examines the four main alternatives to GDP that have been proposed: composite indicators, subjective well-being indexes, capabilities (the underlying philosophy of the Human Development Index), and equivalent incomes. Its provocative thesis is that the problem with GDP is not that it uses a monetary metric but that it focuses on a narrow set of aspects of individual lives. It is actually possible to build an alternative, more comprehensive, monetary indicator that takes income as its first benchmark and adds or subtracts corrections that represent the benefit or cost of non-market aspects of individual lives. Such a measure can respect the values and preferences of the people and give as much weight as they do to the non-market dimensions. A further provocative idea is that, in contrast, most of the currently available alternative indicators, including subjective well-being indexes, are not as respectful of people's values because, like GDP, they are too narrow and give specific weights to the various dimensions of life in a more uniform way, without taking account of the diversity of views on life in the population. The popular attraction that such alternative indicators derive from being non-monetary is therefore based on equivocation. Moreover, it is argued in this book that "greening" GDP and relative indicators is not the proper way to incorporate sustainability concerns. Sustainability involves predicting possible future paths, therefore different indicators than those assessing the current situation. While various indicators have been popular (adjusted net savings, ecological footprint), none of them involves the necessary forecasting effort that a proper evaluation of possible futures requires.

An Economy of Well-Being
Author : Mark Anielski
Publisher : New Society Publishers
Release Date : 2018-05-22
ISBN 10 : 1771422610
Pages : 256 pages

Help build a world based on flourishing well-being for both the human family and nature In the face of political, financial, and environmental upheaval, it's difficult to slow down and build lives of mindfulness and joy. These things are within reach, but how can we go about creating a new world, using common-sense economics? In An Economy of Well-being, author Mark Anielski presents a practical guide for building a new economy of well-being to help communities and nations become more flourishing and happier places to live. In this follow-up to his best-selling The Economics of Happiness, Anielski addresses key questions including: How can our personal and family assets be strengthened for a more fulfilling life of meaning and purpose? How can neighborhoods and cities become flourishing economies of well-being by making the best of abundant community assets? how can organizations, communities and financial institutions measure, manage and finance assets to achieve high levels of well-being? An Economy of Well-being responds to a common yearning for common-sense tools to orient our lives, our businesses, and our communities towards well-being. This is ideal reading for anyone who wishes to contribute to building happier, more mindful communities, and ultimately lives of joy and meaning.

The Economics of Sustainable Development
Author : Aaron L. Halpern
Publisher : Cambridge University Press
Release Date : 1995-02-24
ISBN 10 : 9780521469579
Pages : 314 pages

Examines the implication for orthodox economic theory of explicitly considering resource depletion, pollution abatement and sustainability.

The Well-being of Nations The Role of Human and Social Capital
Author : OECD
Publisher : OECD Publishing
Release Date : 2001-05-14
ISBN 10 : 9264189513
Pages : 120 pages

the success of nations, communities and individuals are linked, more than ever before, to how they adapt to change, learn and share knowledge. This report helps clarify the concepts of human and social capital and evaluates their impact on economic growth and well-being.

Principles of Economics in Context
Author : Neva Goodwin,Jonathan M. Harris,Julie A. Nelson,Brian Roach,Mariano Torras
Publisher : Routledge
Release Date : 2015-03-04
ISBN 10 : 1317462165
Pages : 848 pages

Principles of Economics in Context lays out the principles of micro- and macroeconomics in a manner that is thorough, up to date, and relevant to students, attuned to the economic realities of the world around them. It offers engaging treatment of important current topics such as new thinking in behavioral economics, financial instability and market bubbles, debt and deficits, and policy responses to the problems of unemployment, inequality, and environmental sustainability. This new, affordable edition combines the just-released new editions of Microeconomics in Context and Macroeconomics in Context to provide an integrated full-year text covering all aspects of both micro and macro analysis and application, with many up-to-date examples and extensive supporting web resources for instructors and students. Key features include: An eye-opening statistical portrait of the United States; Clear explanation of basic concepts and analytical tools, with advanced models presented in optional chapter appendices; Presentation of policy issues in historical, institutional, social, political, and ethical context--an approach that fosters critical evaluation of the standard microeconomic models, such as welfare analysis, labor markets, and market competition; Issues of human well-being, both domestic and global, are given central importance, enriching the topics and analytical tools to which students are introduced; The theme of sustainability--financial, social, and ecological--is thoroughly integrated in the book, with chapters on alternatives to standard GDP measurement, the environment, common property, public goods, and growth and sustainability in the twenty-first century; Full complement of instructor and student support materials online, including test banks and grading through Canvas.

Environmental Economics
Author : Shunsuke Managi,Koichi Kuriyama
Publisher : Routledge
Release Date : 2016-09-22
ISBN 10 : 1315467313
Pages : 232 pages

This book aids those concerned about environmental issues to firmly grasp relevant analytical methods and to comprehend the thought process behind environmental economics. It does so by drawing from specific environmental issues and at the same time providing commentary that facilitates understanding. This text contains in-depth explanations necessary for a thorough understanding of the fundamental aspects and importance of environmental economics. Environmental Economics seeks to elucidate the mechanisms that give rise to environmental problems by approaching environmental issues from an economic perspective. At the same time, it is a study aiming to indicate specific countermeasures that could resolve present environmental issues. This text has been put together in way that allows readers without specialized economics knowledge to easily understand the situation, issues and challenges of environmental economics.

Environment, Inequality and Collective Action
Author : Marcello Basili,Maurizio Franzini,Alessandro Vercelli
Publisher : Psychology Press
Release Date : 2006
ISBN 10 : 9780415342346
Pages : 251 pages

Efficiency is the hallmark of environmental economics, and though economists are concerned with the environment, primarily because it challenges the efficiency of competitive markets, until now, limited attention has been paid to distributional issues. This excellent collection of essays identifies and addresses key issues surrounding the inequality-environment relationship such as: * Does increasing economic inequality lead to better or worse environmental quality? * Which individual or social features play a role in determining the differentiated impact of changes in the environment? * What impact does economic inequality or social segmentation have on collective action? * How important is the complex economic and social institution in which the inequality-environment takes place? With an impressive array of contributors and an excellent mix of popular and noteworthy topics, this latest addition to the Routledge Siena Studies in Political Economy series will prove essential to economists with an interest in the environment and will be useful to readers with a more general environmental studies background.