Socioeconomics

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Not to be confused with Social economy.

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Socioeconomics (also known as social economics) is the social science that studies

how economic activity affects and is shaped by social processes. In general it analyzes
how modern societies progress, stagnate, or regress because of their local or regional
economy, or the global economy. Societies are divided into three groups: social, cultural
and economic. It also refers to the ways that social and economic factors influence the
economy .

Contents

 1Overview
o 1.1Socioeconomic Factors of Environmental Change
 1.1.1Deforestation
  1.1.2Pollution
 1.1.3Natural disasters
 1.1.4Households
 1.1.5Conclusion
 2See also
 3Notes
 4References
 5External links

Overview[edit]
“Socioeconomics” is sometimes used as an umbrella term for various areas of inquiry.
The term “social economics” may refer broadly to the "use of economics in the study
of society".[1] More narrowly, contemporary practice considers behavioral interactions of
individuals and groups through social capital and social "markets" (not excluding, for
example, sorting by marriage) and the formation of social norms.[2] In the relation of
economics to social values.[3]
A distinct supplemental usage describes social economics as "a discipline studying the
reciprocal relationship between economic science on the one hand and social
philosophy, ethics, and human dignity on the other" toward social reconstruction and
improvement[4] or as also emphasizing multidisciplinary methods from such fields
as sociology, history, and political science.[5] In criticizing mainstream economics for its
alleged faulty philosophical premises (for example the pursuit of self-interest) and
neglect of dysfunctional economic relationships, such advocates tend to classify social
economics as heterodox.[6]
Socioeconomic Factors of Environmental Change[edit]
Socioeconomic system at the regional level refers to the way social and economic
factors influence one another in local communities and households. These systems
have a significant impact on the environment through deforestation, pollution, natural
disasters, and energy production and use. Through telecoupled systems, these
interactions can lead to global impact. Local economies, food insecurity, and
environmental hazards are all negative effects that are a direct outcome of
socioeconomic systems.
Deforestation[edit]

 Deforestation is a major cause of environmental change. Deforestation can be

attributed to population growth, change in household dynamics, and resource
management. Forests are traditionally owned by the state and control resource
management which means their government is responsible for the development of
forested land. Between 1970 and 2011, the tree coverage decreased by 20.6%.
[7]
 The decrease can be attributed to community development and increased use of
resources. The issue of deforestation is contributing to climate change because the
wood is frequently burned and used as timber fuel which emits CO2 into the
atmosphere. Deforestation is also happening due to population growth and the
expansion of farmland which creates feedback loops. When forests are cut down to
begin agriculture practices, soil degradation often takes place and leads to further
issues like declining crop yields, which can contribute to food insecurity and
contraction in the economy.
 Due to deforestation, animals often lose their habitats and vegetation is
significantly decreased. Habitat loss is common when deforestation happens
because not only are the trees being cut down, but the land trees previously
inhabited suffers extreme soil erosion due to lack of protection from the tree
coverage. Animals' struggle to survive is further hindered due to high temperatures
in places where tree coverage is lost.[8] Local community economies are affected by
this because they depend on these resources to drive their local markets and feed
their families. Modern medicine is also affected by deforestation because several
medicines are derived from plants found in these areas. Loss of these resources
means a loss of income to local communities who depend on these natural
resources for profit. This can have a global effect by creating shortages of some
medicines worldwide.