Economics is the study of the allocation of scarce resources. Note that the theories of economics can be applied to any scarce resource, not just traditional commodities. Economics is not simply about profits or money. It applies anywhere constraints are faced, so that choices must be made.
Economists study how incentives affect peopleâs behavior. Environmental and natural resource economics is the application of the principles of economics to the study of how environmental and natural resources are developed and managed. Natural resources â resources provided by nature that can be divided into increasingly smaller units and allocated at the margin. Environmental resources â resources provided by nature that are indivisible. Natural resources serve as inputs to the economic system. Environmental resources are affected by the system (e.g. pollution).
The top open access journals are freely available on the public internet domain, allowing any end users to read, download, copy, distribute, prink, search or link to the full texts of the articles. These provide high quality, meticulously reviewed and rapid publication, to cater the insistent need of scientific community. These journals are indexed with all their citations noted. The top open access journals are indexed in SCOPUS, COPERNICUS, CAS, EBSCO and ISI.
Last date updated on December, 2024
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