Resource economics - Study guides, Class notes & Summaries

Introduction to Natural Resource Economics. Protecting biodiversity Humans have set off a large species die-off, the largest in 65 million years (the one that wiped out non-avian dinosaurs). Causes:  Overexploitation (hunting, fishing)  Habitat loss (conversion of native habitat to agriculture, housing)  Pollution  Alien invasive species In the future:  Global climate change may accelerate extinctions

Test Bank for Microeconomics, 3rd Canadian Edition 3ce by Glenn Hubbard, Anthony Patrick OBrien. Full Chapters test bank included 1 Economics: Foundations and Models Economics in Your Life and Career: How Much Will You Pay for a Cup of Coffee? Three Key Economic Ideas People Are Rational People Respond to Incentives Apply the Concept: Does Canada’s Health Care System Contribute to Obesity? Optimal Decisions Are Made at the Margin Solved Problem: 1.1 Binge Watching and Decisions at...

Chapter 01 The Economic Problem     
Multiple Choice Questions
  1. What do economists mean when they say that the economy faces scarcity? 
A. There are fewer resources available than there were in the 1960s.
B. It is quite evident that the world is running out of resources.
C. The economy is producing far below its capacity to produce.
D. The resources available are not sufficient to produce all that everyone wants.   
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Exam Microeconomics, 17th Canadian Edition, 17e By Christopher Ragan (Test Bank Chapter 1 Economic Issues and Concepts 1.1 What Is Economics? 1) Which of the following statements provides the best definition of economics? A) The study of the most equitable distribution of scarce resources. B) The study of the use of scarce resources to satisfy unlimited human wants. C) The study of the production of goods and services. D) The study of the productive capacity of a nation's factors of...

grassland correct answer: Biome which is dominated by grass, and in which trees are rare. making any environmental decisions correct answer: Economics factors should be considered when phytoplankton correct answer: Photosynthetic free-floating marine organisms. environmental responsibility is derived from human interest. correct answer: Environmental anthropocentrism is a theory which states that evolution correct answer: The development of herbicide resistance in populations of...

1 Microeconomics deals with: • the working of the entire economy or large sectors of it. Incorrect • economic growth. Incorrect • individual decision makers in the economy. (True Answer )Correct • gross domestic product. Incorrect 2 The study of a single firm and how it determines prices would fall under the study of: • macroeconomics. Incorrect • microeconomics. (True Answer )Correct • economic growth. Incorrect • fiscal policy. Incorrect 3 Macroeconomics deal...

Production economics Introduction, Objectives, Scope, Subject Matter, Basic terms & Concepts 1-5 2. Law of returns Law of variable proportions, Types of returns and estimation 6-9 3. Seven cost concepts Meaning and Concept of Cost, types of costs and their relationships 10-22 4. Factor-Product relationship Optimal input and output levels 23-27 5. Factor-Factor relationship Isoquant, iso-cost line, least cost combination 28-33 6. Product-Product relationship Production possib...

Test Bank for Cohn Global Political Economy Theory and Practice 7th EditionChapter 1 Introduction Multiple Choice 1) Theorists who define globalization primarily as an economic phenomenon with little effect on the primacy of states are a) moderate globalists. b) hyperglobalists. c) internationalists. d) liberal economists. Answer: c; Page 7 2) Theorists who emphasize the fact that international relations is a “self- help” system are most often a) historical materialists. b) liberals. c...

This is a summary including all lecture notes needed for the course Financial and Managerial aspects of HRM. The course is part of the study program for second year Bachelor students of the HR study, also it is an elective course taken by other students. The course used to have two parts: Financial HRM and Personnel Economics and therefore the lectures are divided based on this. The updated course still covers the same topics. Check your syllabus to make sure. I passed the course with 8.5 thanks...

Test Bank for ECON MICRO, 7e 7th Edition by William A. McEachern, Veronika Dolar. Full Chapters are included with answers (Chapter 1 to 22) Part I: INTRODUCTION TO ECONOMICS. 1. The Art and Science of Economic Analysis. 2. Economic Tools and Economic Systems. 3. Economic Decision Makers. 4. Demand, Supply, and Markets. Part II: INTRODUCTION TO THE MARKET SYSTEM. 5. Elasticity of Demand and Supply. 6. Government Policies and Welfare Economics. 7. Consumer Choice and Demand. 8. Product...