ENVIRONMENTAL ECONOMICS
CERTIFICATION EVALUATION TEST PAPER
2026 COMPLETE QUESTIONS AND
CORRECT ANSWERS
●● environmental economics. Answer: the application of the principles
of economics to the study of how environmental resources are managed.
Both micro and macro.
more from micro.
●● What is the main focus of environmental economics?. Answer:
Examining how people's individual actions affect the environment.
Discusses policies to bring environmental impacts to balance.
●● What does the study of environmental economics provide for us?.
Answer: It provides us with a set of tools used to study how to balance
competing objectives in the event of scarcity
●● ______________ is the cheapest way of solving a problem.. Answer:
polluting
, ●● Because entrepreneurs don't give a shit about the environment, what
is the best way to reduce pollution?. Answer: reduce/weaken the profit
motive
●● positive economics. Answer: what is.
Focuses on how an economic system operates by looking at how people
make decisions in different circumstances.
●● normative economics. Answer: what should be.
Involves value judgements.
●● what is meant by: environmental economics is an analytical
subject..?. Answer: we want to not only identify the state of the
environmental changes, but also analyze and understand why these
conditions exist and how we might be able to improve environmental
quality.
●● unit pricing. Answer: the price of an item per ounce, pound, or other
accepted unit of measure
●● current major global concern. Answer: emissions leading to the
greenhouse effect
●● what are two ways to approach the problem of emissions?. Answer: -
incentive based
CERTIFICATION EVALUATION TEST PAPER
2026 COMPLETE QUESTIONS AND
CORRECT ANSWERS
●● environmental economics. Answer: the application of the principles
of economics to the study of how environmental resources are managed.
Both micro and macro.
more from micro.
●● What is the main focus of environmental economics?. Answer:
Examining how people's individual actions affect the environment.
Discusses policies to bring environmental impacts to balance.
●● What does the study of environmental economics provide for us?.
Answer: It provides us with a set of tools used to study how to balance
competing objectives in the event of scarcity
●● ______________ is the cheapest way of solving a problem.. Answer:
polluting
, ●● Because entrepreneurs don't give a shit about the environment, what
is the best way to reduce pollution?. Answer: reduce/weaken the profit
motive
●● positive economics. Answer: what is.
Focuses on how an economic system operates by looking at how people
make decisions in different circumstances.
●● normative economics. Answer: what should be.
Involves value judgements.
●● what is meant by: environmental economics is an analytical
subject..?. Answer: we want to not only identify the state of the
environmental changes, but also analyze and understand why these
conditions exist and how we might be able to improve environmental
quality.
●● unit pricing. Answer: the price of an item per ounce, pound, or other
accepted unit of measure
●● current major global concern. Answer: emissions leading to the
greenhouse effect
●● what are two ways to approach the problem of emissions?. Answer: -
incentive based
