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Ecological economics, bioeconomics, ecolonomy, eco-economics, or ecol-econ is both a transdisciplinary and an interdisciplinary field of academic research addressing the interdependence and coevolution of human economies and natural ecosystems, both intertemporally and spatially. [1]
Evolutionary economics is a school of economic thought that is inspired by evolutionary biology.Although not defined by a strict set of principles and uniting various approaches, it treats economic development as a process rather than an equilibrium and emphasizes change (qualitative, organisational, and structural), innovation, complex interdependencies, self-evolving systems, and limited ...
By stotting (also called pronking), a springbok (Antidorcas marsupialis) signals honestly to predators that it is young, fit, and not worth chasing.. Within evolutionary biology, signalling theory is a body of theoretical work examining communication between individuals, both within species and across species.
Okun's law, in economics: when unemployment increases by 1%, the annual GDP decreases by 2%. Orgel's rules, in evolutionary biology, are a set of axioms attributed to the evolutionary biologist Leslie Orgel: First rule: "Whenever a spontaneous process is too slow or too inefficient a protein will evolve to speed it up or make it more efficient."
Experimental economics is the application of experimental methods [1] to study economic questions. Data collected in experiments are used to estimate effect size , test the validity of economic theories, and illuminate market mechanisms.
Demand management in economics is the art or science of controlling economic or aggregate demand to avoid a recession. Such management is inspired by Keynesian macroeconomics, and Keynesian economics is sometimes referred to as demand-side economics.
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".
Political ecology is the study of the relationships between political, economic and social factors with environmental issues and changes. Political ecology differs from apolitical ecological studies by politicizing environmental issues and phenomena.
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