Unlike Neoclassical economics, Ecological economics tend to think other wise. They see that the beliefs of supply and demand as a very close minded approach and highly supports sustainable development. Ecological economics believes that the environment is the main reason us people are living today. If we don't have the environment, we definitely will not survive. Economists main concern is our societies future and its environment around it. Issues concerning that if we keep exploiting the environment without a proper method of maintaining it then our future is at bleak. However the drawback on the ecological economics is that in our society today, many believe that Sustainable development is not being done at all. In fact, the reverse is happening due to high demand of environmental needs. This I believe that the... [continues]
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(2006, 09). Neo Classical Economy. StudyMode.com. Retrieved 09, 2006, from http://www.studymode.com/essays/Neo-Classical-Economy-94928.html
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