Economics of Natural Resources Management (Environmental Economics)

The ecology or the economy? Often economic and environmental interests are seen as the opposite. However, we are increasingly confronted with the fact that modern environmental problems are the result of the decision to "just earn" without caring about the consequences for nature. The consequences of this are the enormous costs of restoring natural systems.

As it is said “if you buy cheaply, you pay dearly”, and the one who didn't want to think about nature seems to do it many times. It is the coordination of environmental and economic interests that specialists in the field of environmental economics are engaged in. The number of activities of specialists in the field of natural resources management includes assessments of natural resources, environmental and economic justification of projects, environmental and economic analysis of enterprises, justification and creation of natural resources management systems.