Environmental Economics

021 - Environmental Economics
In this video Paul Andersen explains how economic models, like supply and demand, can be applied to environmental systems. The market forces will not protect environmental services until proper valuation and externalities are established. The wealth of a nation can be more accurately measured through the sustainability of the economic model.
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Intro
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Outro
Title: String Theory
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All of the images are licensed under creative commons and public domain licensing:
balin, jean victor. (2009). Cartoon cloud. Retrieved from commons.wikimedia.org/wiki/Fi...
Contrast, H. (2008). Deutsch: Eine Fabrik in China am Ufer des Jangtse.English: A Factory in China at Yangtze River.Euskara: Landare industrialen ondoriz, aire kutsakorra.Nederlands: Industrie langs de Yangtse rivier in China. Retrieved from commons.wikimedia.org/wiki/Fi...
EPA. (2008). English: Diesel smoke from a big truck. Retrieved from commons.wikimedia.org/wiki/Fi...
Evans, N. 17 crew; taken by either H. S. or R. (1972). العربية: صورة الكرة الزرقاء الشهيرة التي تعتبر أول صورة لمنظر الارض الكامل. إلتقطت الصورة في 7 ديسمبر 1972. Retrieved from commons.wikimedia.org/wiki/Fi...
Factory by Anonymous. (n.d.). Retrieved from openclipart.org/download/2396...
Gizlog. (2011). English: Sigmund Freud Bobble Head/Wackelkopf. Retrieved from commons.wikimedia.org/wiki/Fi...
Zifan, A. (2015). English: Countries by GDP (PPP) per capita in 2014, based on data from the International Monetary Fund. Retrieved from commons.wikimedia.org/wiki/Fi...

Пікірлер: 81

  • @maxkleinsorg3088
    @maxkleinsorg30886 жыл бұрын

    Can't believe my Prof needed 180 mins to explain this. Great vid!

  • @gabMu
    @gabMu8 жыл бұрын

    I would definitely buy that bobblehead.

  • @borbas_

    @borbas_

    4 жыл бұрын

    same

  • @1178Tanvir
    @1178Tanvir8 жыл бұрын

    Hoping to have a masters in Environmental Economics.. Thank you for the short introduction, it was helpful indeed. Hope to see more videos on this.

  • @fusion9619

    @fusion9619

    3 жыл бұрын

    Did you get it? How'd it go?

  • @jeronimom1593

    @jeronimom1593

    2 жыл бұрын

    How did it go?

  • @tomschuelke7955

    @tomschuelke7955

    Жыл бұрын

    I Would strongly reccomend to also have a deep look into ökological economics and biophysical economics. the Models of the behavior of our economy within our environement which in a way is nothing more but a mental construct for me is much better i think. The Economy is a fuly dependend subsystem of our ecosphere. and Ecological economics overcomes many shortcomes of standart economics, that in their mental models in far to many ways still is rooted to the world view of the 19th century. Using those old fundamental beleaves values and assumptions is inapropriate to bring us to a truly sustainable situation. if.. it is not allready to late for this.

  • @sadiqurrahman2
    @sadiqurrahman22 жыл бұрын

    This is the summary of the whole course. Thanks a lot for this outstanding lecture.

  • @bulgarianchick89
    @bulgarianchick895 жыл бұрын

    Thank you so much! I am a sustInable development Masters student. Clears a lot of questions regarding my lecture! Thank you fir taking the time to create these!

  • @lestatBGD
    @lestatBGD8 жыл бұрын

    Just graduated from MSc in Environmental Economics. This video is great! Thank you!

  • @nathan9690

    @nathan9690

    7 жыл бұрын

    lestatBGD Do you have any job prospects yet?

  • @kylee6051

    @kylee6051

    4 жыл бұрын

    Congratulations!

  • @rafitaur
    @rafitaur5 жыл бұрын

    EXCELLENT VIDEO, I liked how you explained this topic in a video of less tan 10 minutes.

  • @andyjohnson3790
    @andyjohnson37906 жыл бұрын

    Learned about as much in 9 min as i have in a month in my Enviro. Econ. class at St Cloud State. Thanks

  • @indianyaksha
    @indianyaksha5 жыл бұрын

    I am from India, I have paper of this subject in 4 hrs. Thankyou for this video.

  • @iqrarazzaq8779
    @iqrarazzaq87797 жыл бұрын

    This vedio really helps me to revise introduction to environmental economics. Thanks!☺

  • @kehkashanmansoor742
    @kehkashanmansoor742 Жыл бұрын

    Starting a degree in energy security and climate change....Ur videos help alot

  • @martavalentini6630
    @martavalentini66305 жыл бұрын

    Clear, consistent, interesting explanation! Very useful for my BSc dissertation!

  • @emmalofstedt5979
    @emmalofstedt59796 жыл бұрын

    Awesome video :D Very helpful in my essay writing in environmental law. Love from Sweden

  • @isaactoyinjolayemi1665
    @isaactoyinjolayemi16654 ай бұрын

    This is enlightenment. Thanks so much

  • @sjm8636
    @sjm86368 жыл бұрын

    These vides are really helpful I think there really cool

  • @akritivigyaarpan6935
    @akritivigyaarpan69357 жыл бұрын

    it's superb....which inform us a lot about environment vs economy

  • @rwalphonse2946
    @rwalphonse29466 ай бұрын

    Thank you for this well explained video on environmental economics.

  • @suyashaarao2125
    @suyashaarao21254 жыл бұрын

    Awesome video. Got my concepts clear.

  • @cecilbroom5652
    @cecilbroom56528 жыл бұрын

    It's hard to know what the environmental costs are. Some people put them wildly high and others wildly low.

  • @tangchhoungpov4815
    @tangchhoungpov48157 жыл бұрын

    it gives me alot of idea in environmental economics. thank so much

  • @leolleodev6868
    @leolleodev68688 жыл бұрын

    The video is awesome!

  • @CHURINDOK
    @CHURINDOK8 жыл бұрын

    It is good to see our check cleared! Hope we can continue to do business; just tighten up your presentation. Sincerely, International Bankztaz

  • @kaneeravarshinianand2959
    @kaneeravarshinianand29593 жыл бұрын

    Thank you, this was very helpful!

  • @jonathanlozier682
    @jonathanlozier6828 жыл бұрын

    Tragedy of the Commons! well done..maybe a follow up video on some specifics of a developing versus a developed country in regards to their statistics of GDP, pollution, regulation, quality of life and global impact. For example Bangladesh or Honduras and the evolution f the textile industry or China for pretty much everything. Keep up the great job!

  • @jarrydirvine921
    @jarrydirvine9217 жыл бұрын

    This was very interesting... Thanks!

  • @alfredkik3675
    @alfredkik36754 жыл бұрын

    Excellent video! thanks a lot.

  • @ilovemyfamily51
    @ilovemyfamily518 жыл бұрын

    Thanks!!!! Ur videos r so interesting, continue to make them:)

  • @tigerp4797
    @tigerp4797 Жыл бұрын

    You do an amazing Job at explaining thing Its helped me a lot on test.

  • @rameshlamichhane3771
    @rameshlamichhane37716 жыл бұрын

    very useful to understand the environmental economic

  • @leenassiry4846
    @leenassiry48463 жыл бұрын

    Great video!!! thank you so much

  • @MCLowe-sj3oq
    @MCLowe-sj3oq4 жыл бұрын

    Thank you. Very helpful. And thank IMD network for sharing the link. :-)

  • @priyankasharma4120
    @priyankasharma41206 жыл бұрын

    thanks that was helpful. a really good video!

  • @Sarah-hr1zf
    @Sarah-hr1zf7 жыл бұрын

    really helped me understand this concept for my AP environmental exam, thank you!

  • @francescacedeno2030

    @francescacedeno2030

    6 жыл бұрын

    Sarah what did you grt

  • @srinivasbelsare4830
    @srinivasbelsare4830 Жыл бұрын

    great explanation

  • @ollieanntan4478
    @ollieanntan44782 жыл бұрын

    This. Was. Amazing.

  • @kavyanageshkandala5983
    @kavyanageshkandala59833 жыл бұрын

    Thank you so much sir :) very helpful

  • @FaizanKhan-nh3nf
    @FaizanKhan-nh3nf8 жыл бұрын

    Great Video!

  • @Cyfix15
    @Cyfix157 жыл бұрын

    this is very good, but how? what methods do you use to keep up productivity and retain a firms financial incentives while keeping the ecosystem clean

  • @nicolaspernaros2213
    @nicolaspernaros22132 жыл бұрын

    learned a lot. great vid

  • @ajinreji03
    @ajinreji032 жыл бұрын

    Good content...

  • @agussaefudin2159
    @agussaefudin21592 жыл бұрын

    Very interesting to learning 👍

  • @TheLoneStudios
    @TheLoneStudios8 жыл бұрын

    Great video

  • @VickyOsh
    @VickyOsh2 жыл бұрын

    fantastic!

  • @craftDIYvideos
    @craftDIYvideos5 жыл бұрын

    Very helpful

  • @glitter1951
    @glitter19512 жыл бұрын

    I am curious how the 'Donut' economic model theory integrates into (or opposes) environmental Economic theory. I am preparing a dissertation on these economic principles for a presentation to the Sierra Club. Any info would be helpful, thank you.

  • @survivalist0723
    @survivalist07233 жыл бұрын

    Great video! Which puts also all wealth in ecological and ethical perspective. Rich people aren't the most ethical or ecological ones, but nowadays they are treated as if they were gods. Their money didn't pay their environmental and ecocidal catatsrophes, they should. And what about casino money and casino capitalism, and the environmental impacts?!

  • @Ali_S.J
    @Ali_S.J9 ай бұрын

    Thank you sir❤.

  • @Silvertestrun
    @Silvertestrun8 жыл бұрын

    good job, but how do we convince people with monetary power that returning ecosystem services and recycling wastes are the way things must be done?

  • @nathanjensen8804
    @nathanjensen88044 жыл бұрын

    very helpful thank you

  • @xavierfroidevaux955
    @xavierfroidevaux9553 ай бұрын

    Thanks!

  • @nthperson
    @nthperson5 жыл бұрын

    The supply-demand graph has a problem in the real world. The problem is that price does not clear markets for nature. Nature has a zero production cost in terms of labor and capital goods. Nature does not (under most conditions) lose it functional utility. As prices for nature are increasing, there is a strong incentive to hold supply off the market, to speculate that future prices will be even much higher. Speculation in land is extremely powerful in towns and cities, where locations are essentially fixed in supply. The negative externalities can be signficantly reduced by imposition of a near-100 percent annual tax on the potential annual rental of locations, of tracts resource-laden land, and on natural assets with an inelastic supply.

  • @abdisemedtahir2149
    @abdisemedtahir21496 жыл бұрын

    very good

  • @tomschuelke7955
    @tomschuelke7955 Жыл бұрын

    I would very much like to see the fundamental difference between this aproach and the Öcological Economics.

  • @damianpark1786
    @damianpark17864 жыл бұрын

    The supply and demand material is a bit too cursory unless you already know what these curves mean. And when the external costs are included (cheap labor btw is not an external cost), the social cost is typically modeled as shifting up, not up and left. These are minor points, but to really understand the graphical models, necessary imo

  • @piggynice-06
    @piggynice-064 жыл бұрын

    Nice bobble head. You should make it your merchandise!

  • @indimolo3062
    @indimolo30622 ай бұрын

    greatt💯

  • @urmi1484
    @urmi14842 жыл бұрын

    I am in 12th and I am binge-watching these so that I know what I will study for my major

  • @shekai48
    @shekai485 жыл бұрын

    where can i buy that bobblehead?

  • @krishant
    @krishant2 жыл бұрын

    Wow ♥️👍🏻

  • @TheyCallMeNewb
    @TheyCallMeNewb8 жыл бұрын

    Kuznets curve has particularly dejecting implications.

  • @fusion9619

    @fusion9619

    3 жыл бұрын

    I'm pretty sure it's wrong, too. It's wishful thinking.

  • @johnlord8337
    @johnlord83377 жыл бұрын

    10*

  • @dampudulom3199
    @dampudulom31994 жыл бұрын

    Oky, so, this is why apple has plants in developing countries?

  • @sebastians7346

    @sebastians7346

    4 жыл бұрын

    yea

  • @benjaminblevins1882
    @benjaminblevins18823 ай бұрын

    EKC is a very problematic model, from the econometrics, assumptions and the numerous dynamics not considered. For example, off shoring of pollution. The trickle down of environmental economics

  • @ulluubloo
    @ulluubloo7 жыл бұрын

    I must buy all the bobbleheads

  • @rossb9236
    @rossb92364 жыл бұрын

    Ms.T whack for making me watch this

  • @kuldeepsolanki1577
    @kuldeepsolanki15777 жыл бұрын

    Who's here from Mr.Bohannon's Class

  • @xiiixiiih.16
    @xiiixiiih.162 жыл бұрын

    🍔🍎

  • @environmentnetclasses8654
    @environmentnetclasses86547 жыл бұрын

    u r speak so fast ....

  • @rawstarmusic
    @rawstarmusic8 жыл бұрын

    Eat raw fish like the japanese, that doesn't pollute. Sail your boat the get the fish, that doesn't pollute. problem solved. No pollution in the sea other than fish bones that will be eaten and absorbed in the eco-system. Problem solved. Plant fish back in the sea to meet demands. It's called a blue planet and the largest biological entity is the ocean. Hope you like fish.

  • @nyashadzasherugube1070

    @nyashadzasherugube1070

    4 жыл бұрын

    Wow learning has never been so early when gentleman share their wisdom like this .thnk u so much Sir .your lecture has covered my assignment .and problem solved .