Society and Natural Resources
Terms
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- What are the key concepts of political science?
- Government, power, policy, political parties, regulation
- Psychology
- The science of behavior and mental processes
- Key concepts of psychology
- Attitudes, perception, cognitive thought, emotion, meaning
- Sociology
- The systematic study of the development, structure, and funciton of human groups conceived as processes of interaction or as organized patterns of collective behavior.
- Key concepts of sociology
- Social institutions, Social groups, social values, social organizations, communities
- Ecosystem
- The complex of a community and its environment functioning as an ecological unit in nature.
- Ecosystem Management
- Seeks to integrate scinetific knowledge of ecological relationships whithin a complex and value-based socio-political framework to protext ecosystem integrity over the long term.
- Markets
- A collection of buyers and sellers that interact, resulting in the possibility for exchange.
- Interest Rate
- A price that borrowers pay lenders to use their funds. Determined by the supply and demand of these loanable funds.
- Benefit-cost analysis
- A decision making tool which assesses any decision in terms of the benefits and costs of doing each alternative. A ration is developed that needs to be at least greater than 1 to assume economic viability.
- Political Science
- Systematic efforts to explain how individual values are coalesced into communal values and imposed on members of society as a whole.
- What does political science involve?
- The conflict, debate, power, and authority in the determination of acceptable social values and behavior.
- What is the definition of Economics?
- Study of how society allocates and values scarce resources.
- What are key concepts of economics?
- Markets, Price, Interest Rate, and Benefit-cost analysis.