Section 1
Introduction to Natural Resource Economics
Book
Version 3
By Boundless
By Boundless
Boundless Economics
Economics
by Boundless
3 concepts
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Types of Natural Resources
Natural resource economics focuses on the supply, demand, and allocation of the Earth's natural resources.
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Basic Economics of Natural Resources
Natural resource economics focuses on the supply, demand, and allocation of the Earth's natural resources to create a more efficient economy.
Externalities and Impacts on Resource Allocation
Production and use of resources can have a positive or negative effect on the allocation of the natural resources.