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The new economic thought, which emerged in early 1970's, ended the perception of Economics only as a science of production, distribution and consumption. It showed that any study on the economic content of production, distribution, consumption, development etc cannot be completed without touching upon the natural resources and environmental aspects. In order to account for the environmental impact of economic activities, a new field of study called Natural Resource and Environmental Economics emerged.

Produktbeschreibung
The new economic thought, which emerged in early 1970's, ended the perception of Economics only as a science of production, distribution and consumption. It showed that any study on the economic content of production, distribution, consumption, development etc cannot be completed without touching upon the natural resources and environmental aspects. In order to account for the environmental impact of economic activities, a new field of study called Natural Resource and Environmental Economics emerged.
Autorenporträt
Mr. Muhdin M. has obtained his M.Sc.in Economics from University of Gonder, Ethiopia, in 2012 and M.A. in Governance and Development Studies,Jimma University,Ethiopia.