CHAPTER 23 ECOLOGICAL ECONOMICS- The final chapter :)

CHAPTER 23 ECOLOGICAL ECONOMICS

Chapter Overview

This chapter covers the relationship between resources and economics; it
examines both renewable and nonrenewable resources. While neither classical
economics nor neoclassical economics can explain environmental resource values
and the relationship between the economy and the use of our environment,
ecological economics is explored. The chapter also discusses the concepts of cost/benefit
analysis, cap-and-trade, and the term carbon neutral.

DOL Question page 536 will be turned in on Thursday, 3/31

Monday- 
Chapter 22 test
Chapter 23 Case Study
Questions (pg 536) 1-4, Sections 23.1 & 23.2
Practice Questions
Multiple Choice:
Directions for questions 1–5: The lettered choices below correspond to the descriptions given in questions 1–5. Select the one lettered choice that best fits each statement. Each choice may be used once, more than once, or not at all.
 
(A) GNP
(B) GDP
(C) EPI
(D) ecological economics
(E) cost-benefit analysis
 
1. used to evaluate national sustainability
2. used to find optimal efficiency
3. includes economic activity within national boundaries
4. the most common way to measure a nation’s output
5. attempts to understand the relationship between the economy and the environment



Tuesday
Questions 5-8, Section 23.3& 23.4

Activity
Have students read the information on pages 528–529 in the textbook. Discuss what is meant by carbon trading, and why it is a controversial topic.
Calculate Carbon Footprints
Discuss ways our Footprints can be reduced.

6. Which of the following are renewable resources?
I. water
II. wood
III. uranium
(A) I only
(B) II only
(C) I and II
(D) II and III
(E) I, II, and III
 
7. Which of the following is NOT a commons?
(A) the Atlantic Ocean
(B) the air in a forest
(C) a national park
(D) public grazing land
(E) privately owned timber land

Use Figure 23.12 for questions 8–10.







8. Approximately what percentage is the cost of restoration compared to the
benefits provided by coral reefs?
(A) 10%
(B) 20%
(C) 30%
(D) 50%
(E) 70%
 
9. Which two ecosystems will provide the most benefits over the 40 years?
(A) tropical forests and coral reefs
(B) mangroves and coral reefs
(C) tropical forests and mangroves
(D) coastal wetlands and coral reefs
(E) inland wetlands and lakes/rivers
 
10. Which ecosystem gives the greatest return on investment on restoration
costs?
(A) tropical forest
(B) coral reefs
(C) lakes/rivers
(D) inland wetlands
(E) coastal wetlands


Wednesday

Question 9-10, Sections 23.5-23.7

Free Response Question A&B

Thursday

Notes presentation, and discussion of chapter content.

Turn in notes Chapter 23

Free Response Question C&D 

 
Free Response Question
 
 Friday

To Build or Not to Build Activity
 
In this activity, students will be involved in role-playing. The issue: whether or not to build a new Tri ' n Save supermarket. Each group of students will complete a cost/benefit analysis which includes environmental costs of building. You need to be able to discuss the costs and benefits of your decision. At the end of the debate, there will be a vote determining which decision earns the highest grade. 



Chapter Quiz