The field of environmental economics emerged in the 1960s and 1970s, as concerns about environmental pollution and degradation grew. Since then, environmental economics has become a recognized field of study, with its own set of theories, methods, and applications. Environmental economists work in academia, government, and the private sector, applying their knowledge to develop policies and solutions to environmental problems.
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: M.N. Murty examines the efficacy of taxes, subsidies, and laws in controlling pollution. Global Issues The field of environmental economics emerged in the
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