Ecological Economics

Ecological economics is an interdisciplinary field of research that seeks to better understand the relationship between economic and ecological systems. It focuses on understanding the effects of human activities on the environment and its sustainability in the long-term, while also taking into account the economic effects these have on people and the economic system. It is a branch of economics that takes a holistic approach to sustainability and the environment, by looking at both economic and ecological factors. Ecological economics therefore aims to provide solutions and strategies that are both economically and environmentally sound. Its uses include supporting decision-making processes by governments and businesses as well assessing the impacts of policies, technologies, and investments on both the economy and the environment.