Free Printable Worksheets for learning Environmental Economics at the High School level

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Quiz on Environmental Economics

Question 1

What is Environmental Economics?

A) A branch of economics that studies the financial aspects of environmental issues

B) A branch of economics that studies the social aspects of environmental issues

C) A branch of economics that studies the economic aspects of environmental issues

D) A branch of economics that studies the legal aspects of environmental issues

Answer: C) A branch of economics that studies the economic aspects of environmental issues

Question 2

True or False: Environmental economics is concerned with the costs and benefits of environmental protection.

Answer: True

Question 3

Which of the following is an example of an environmental economic policy?

A) A carbon tax

B) A cap and trade system

C) A water conservation program

D) A renewable energy subsidy

Answer: A) A carbon tax

Question 4

Fill in the blank: The ___________ is an economic model used to calculate the optimal level of environmental protection.

Answer: Coase Theorem

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Environmental Economics Practice Sheet

Introduction to Environmental Economics

Environmental Economics is the study of how economic decisions and activities affect the environment, and how the environment affects economic decisions and activities. It looks at the costs and benefits of different economic activities and how they affect the environment.

Key Terms

  1. Pollution: The release of harmful substances into the environment.
  2. Sustainability: The ability of an activity or system to be maintained over time without causing environmental damage.
  3. Cost-Benefit Analysis: A method of evaluating the costs and benefits of a decision or activity.
  4. Externalities: The economic costs or benefits of an activity that are not reflected in the market price.

Practice Questions

  1. What is the definition of pollution?
  2. What is the definition of sustainability?
  3. What is the definition of cost-benefit analysis?
  4. What are externalities?

Answers

  1. Pollution is the release of harmful substances into the environment.
  2. Sustainability is the ability of an activity or system to be maintained over time without causing environmental damage.
  3. Cost-benefit analysis is a method of evaluating the costs and benefits of a decision or activity.
  4. Externalities are the economic costs or benefits of an activity that are not reflected in the market price.
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