IMPACT OF WATER POLLUTION: THE ECONOMY REPORT

SCI256

INTRODUCTION
• Economic Analysis and it’s Importance

• Description (general overview) of the assigned environmental issue
• Economic analysis of the environmental issue

• Determination of Economic & Efficient Regulation
• The impact of lifestyle choices on sustainability

The Importance of Economic Analysis
What is Economic Analysis? • A systematic approach to determining the optimum use of scarce resources, involving comparison of two or more alternatives in achieving a specific objective under the given assumptions and constraints. (Business Dictionary)

Why is it important?
• • • • • To understand To make decisions To make plans, and take action Identify components Get the “whole picture”

DESCRIPTION OF THE ASSIGNED ENVIRONMENTAL ISSUE

Economic analysis of the environmental issue

DETERMINATION OF ECONOMIC & EFFICIENT REGULATION

THE IMPACT OF LIFESTYLE CHOICES ON SUSTAINABILITY
• What is sustainability according to economics: Continued development or growth, without significant deterioration of the environment and depletion of natural resources. (Business Dictionary)

WAYS OF MAKING YOUR LIFESTYLE MORE GREENER
•Buying energy efficient light bulbs and appliances, turning off all electrical appliances •When you aren’t using them, keeping your thermostat down low when not home and while you’re sleeping, walking or cycling more and driving less, recycling whenever you can, and buying fresh foods with less packaging helps be more greener and healthier.

•CONCLUSION

REFERENCES:

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