1st Edition

The Economics and Business of Sustainability

By Peter N. Nemetz Copyright 2022
    372 Pages 134 B/W Illustrations
    by Routledge

    372 Pages 134 B/W Illustrations
    by Routledge

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    Given the emergence of sustainability as the defining issue of our time, it is essential for university graduates, and especially business and economics students, to have a fundamental grasp of the key issues in this emerging multidisciplinary field of study.

    Nemetz provides a comprehensive, detailed overview of the interlinked economic and ecological concepts central to this new discipline. Accompanying the introduction of the underlying theory is a broad array of real-world supporting data from Asia, Europe and North America. This volume also features a chapter on the threat of emerging pandemics and their significance for the achievement of a truly sustainable world.

    This book accentuates the value and importance of a strong sustainability approach in an age of climate change emergency. It is an ideal companion for instructors and students of sustainability in business, economics and related disciplines such as geography and political science.

    1 Book outline, rationale and introduction; 2 A brief historical overview of economic development and the environment: Pre- and post-agricultural revolution; 3 A brief historical overview of economic development and the environment: The Industrial Revolution and sequel; 4 What are we trying to achieve? Measuring wealth and well-being; 5 An overview of environmental economics; 6 Cost-benefit analysis and measuring environmental benefits; 7 Placing a value on human life; 8 Some relevant ecological principles; 9 A brief outline of ecological economics; 10 Risk analysis and the precautionary principle; 11 Pandemics and sustainability; 12 The path forward


    Peter N. Nemetz is Professor of Strategy and Business Economics at the University of British Colombia, Canada.