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Valuing beaches to develop payment for ecosystem services schemes in Colombia's Seaflower marine protected area
The Colombian Seaflower marine protected area (SMPA) is the largest MPA in the Caribbean. The economy of the main island, San Andres (SAI) relies on tourism. This study conducted 1793 surveys to capture information about tourists' experience and the value they placed on SAI's beaches. Tourists considered beaches as the main reason for choosing SAI as a destination and expressed that they would be willing to pay additional money, US$ 997,468 annually, on top of what they had already paid for their vacation to protect SAI's beaches. The study also showed how beach erosion could negatively impact economically the tourism sector of SAI, reducing revenue by 66.6% (estimated at US$ 73 million annually). This research contributed to the first stage in the development of a payment for ecosystem services (PES) scheme to protect SAI's beaches. The importance of beaches for SAI and the potential loss of revenue due to beach erosion create an opportunity to incentivize the private sector to invest in natural infrastructure that maintains and protects beaches. This study also informs the potential application of valuation studies for the development of innovative financing instruments, such as PES, to achieve financial sustainability for the MPA network in Colombia.
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Essentials of economics in context
"Essentials of Economics in Context is specifically designed to meet the requirements of a one-semester introductory economics course. It addresses current economic challenges, paying specific attention to issues of inequality, globalization, unpaid work, technology, financialization and climate change, making the text a genuinely 21st century introduction to economics. In addition to rigorously covering core micro and macro material, this textbook also incorporates insights from behavioral economics and on economic and social institutions. Theoretical expositions in the text are kept close to reality by integrating numerous real-world examples, and by presenting the material in the recognised accessible and engaging style of this experienced author team. Key features of Essentials of Economics in Context include: an inclusive approach to economics, where the economy is analyzed within its social and environmental context an innovative chapter examining data on various economic indicators a wealth of online materials such as slides, test banks and answers to exercises in the book This text is the ideal resource for one-semester introductory economics courses globally"--
Macroeconomics in context
"Macroeconomics in Context lays out the principles of macroeconomics in a manner that is thorough, up to date, and relevant to students. Like its counterpart, Microeconomics in Context, the book is uniquely attuned to economic, social, and environmental realities. The "In Context" books offer engaging coverage of current topics including policy responses to recession and inflation, inequality, deficits and government debt, economic impacts of the COVID-19 pandemic, and the economics of environmental sustainability. This fourth edition includes: - Improved and concise discussions of introductory topics, especially on key economic activities, macroeconomic goals, and economic models - Further emphasis on inequality, environmental sustainability, financialization, the changing nature of work, and international developments such as the role of transnational corporations and supply chain issues - Discussion of the impacts of the COVID-19 pandemic on macroeconomic factors like wellbeing, inequality, and labor markets - Presentation of policy issues in historical, environmental, institutional, social, political, and ethical contexts, including an updated discussion of fiscal policy in relation to the Biden administration's infrastructure and social investment spending - Clear explanations of basic economic concepts alongside more in-depth analysis of macroeconomics models and economic activity This book combines real-world relevance with a thorough grounding in multiple economic paradigms. It is the ideal textbook for modern introductory courses in macroeconomics. The book's companion website is available at: http://www.bu.edu/eci/macro"--
Microeconomics in context
"Microeconomics in Context lays out the principles of microeconomics in a manner that is thorough, up to date, and relevant to students. Like its counterpart, Macroeconomics in Context, the book is uniquely attuned to economic, social, and environmental realities. The "In Context" books offer engaging coverage of current research and policy issues from economic inequality and climate change, to taxes and globalization. Key features include: - Up-to-date discussions of the impacts of the COVID-19 pandemic on inequality, labor markets and beyond - Analysis of recent trade issues and the implications of Brexit - Presentation of policy issues in historical, environmental, institutional, social, political, and ethical contexts - an approach that fosters critical evaluation of the standard microeconomic models - Clear explanations of basic concepts and analytical tools, with advanced models presented in optional chapter appendices - A powerful graphical presentation of various measures of well-being in the United States and other countries, including income inequality, tax systems, educational attainment, and environmental quality - A focus on human well-being from a multi-dimensional perspective, including traditional economic metrics and factors such as health, equity, and political inclusion - A full complement of student and instructor support materials online. The book combines real-world relevance with a thorough grounding in multiple economic paradigms. It is the ideal textbook for modern introductory courses in microeconomics. The book's companion website is available at: www.bu.edu/eci/micro"--
An Economic Analysis of the Pre-Sidedress Nitrogen Test for Pennsylvania Corn Production
In: Review of agricultural economics: RAE, Band 17, Heft 1, S. 25
ISSN: 1467-9353