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When 6-year-old Josie does a craft project on her own, she can do very simple projects successfully. However, when her mother helps her, she can complete much more elaborate projects successfully. The difference between what Josie can do on her own and what she can do with her mother's help is indicative of her
Ecological Economists
Experts who study the relationship between ecological systems and economic systems, often focusing on sustainability and environmental impacts of economic decisions.
Environmental Economists
Experts who study the economic impacts of environmental policies and the cost-benefit analyses of preserving or degrading the environment.
Neoclassical Economics
An economic theory that focuses on supply, demand, and the price mechanism as the driving forces behind production, distribution, and consumption of goods and services.
Economic Systems
Organized ways in which countries manage their resources and distribute goods and services within their societies.
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