The Costs of Economic Growth and Environmental Impacts on the Future

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Week 6 Discussions and Required Resources


Assignment: This is a two-part assignment. Each part must be at least 200 words unless otherwise noted. Please read all attachments and follow ALL instructions.


To receive full credit you must include at least 2 citations of scholarly support to your answers for each discussion post (i.e. Discussion One - 2 citations, Discussion Two - 2 citations).  Citations should be within your post and include (Author, year, page number) if you are using a quote, page number is not required if you are paraphrasing.  Just listing references and not using them in your post does not count as a citation or support.  You can use your textbook as scholarly support and remember to include a reference for the support cited.  


Part 1: The Costs of Economic Growth

Economic growth is a goal of many economies; however, this does come at a cost. What are the effects of pursuing economic growth while not focusing on the environmental effects of these policies? In the United States, our living standards are much higher than most countries, but does this come at a cost? What are the future implications of pursuing economic growth on the environment and our resources? 


Part 2: Environmental Impacts on the Future

Future generations lack the ability to cast votes in elections or provide monetary support in the market. Given this, what are the problems associated with not focusing on the environmental impact of the scarcity of our natural resources as they are ignored in a market economy? What are possible solutions that the government could undertake to help future generations?


Required Resources

Text

Tietenberg, T., & Lewis, L. (2012). Environmental and natural resource economics (9th ed.). Upper Saddle River, NJ: Pearson Addison-Wesley

· Chapter 20: The Quest for Sustainable Development

· Chapter 22: Visions of the Future Revisited


Multimedia

T. (Interviewee). (2009, December 28). Rebuilding America and its energy policy  [Motion Picture]. Retrieved from http://video.foxbusiness.com/v/3952140/tom-friedman-on- economic-sustainability

· This video supports the discussions for this week.

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