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1.
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6.
7.
Two Economies The
Market Economy The Natural Economy Things bought & sold Things not bought & sold
8.
9.
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18.
19.
Socially meaningful Thus,
amenable to valuation
20.
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22.
23.
24.
25.
Economists can do
something with these Not these
26.
Ecological Endpoints
27.
Quantity Units –
Market vs. Public Goods Obvious Not obvious
28.
29.
30.
31.
Production Functions
32.
33.
34.
35.
36.
37.
Actions
38.
Stresses & Threats
39.
40.
Production Functions
41.
42.
Location, location
43.
44.
Example: Viewshed Analysis
45.
46.
47.
48.