Economic Processes and Environmental Repercussions: Synthesizing Economics, Ecology and Thermodynamics
Ruth, Matthias
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https://hdl.handle.net/2142/72375
Description
Title
Economic Processes and Environmental Repercussions: Synthesizing Economics, Ecology and Thermodynamics
Author(s)
Ruth, Matthias
Issue Date
1992
Doctoral Committee Chair(s)
Hannon, B.,
Department of Study
Geography
Discipline
Geography
Degree Granting Institution
University of Illinois at Urbana-Champaign
Degree Name
Ph.D.
Degree Level
Dissertation
Keyword(s)
Biology, Ecology
Economics, Theory
Engineering, Mechanical
Abstract
Economic processes and environmental quality influence each other in complex ways. The use of resources and energy provided by the environment allows economic systems to be sustained and grow while the production and consumption of goods and services transform materials and energy, thereby leading to qualitative changes in the environment.
The disciplines of economics, ecology and thermodynamics provide seemingly distinct perspectives on the way economic systems function in interaction with their environment. Yet, this study shows that there is significant overlap in the core concepts underlying these three disciplines. Additionally, methods confined typically to the individual disciplines can be combined to give valuable insight into economy-environment interactions.
The study provides a first formal approach to economic actions and environmental repercussions motivated by the overlap of the core concepts of economics, ecology and thermodynamics. The approach is illustrated by nonlinear dynamic simulation models of economy-environment interactions.
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