Registered Environmental Manager (REM) Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Prepare for the Registered Environmental Manager Test using flashcards and multiple choice questions. Gain insights with hints and explanations for each question. Ace your exam!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

Environmental issues are primarily addressed in which branch of economics?

Macroeconomics
Microeconomics
Environmental economics
Development economics

The correct answer is: Environmental economics

Environmental issues are fundamentally addressed within the branch of environmental economics, which specifically focuses on the economic impacts of environmental policies, degradation, and resource management. This field combines economic theory with ecological principles to analyze how economic activities affect the environment and how environmental policies can be designed to mitigate negative effects while promoting sustainability. Environmental economics seeks to quantify the value of ecosystem services, assess the costs and benefits of environmental regulations, and develop market-based solutions like carbon trading to tackle environmental challenges. By utilizing tools such as cost-benefit analysis, it enables policymakers and businesses to make informed decisions that consider both economic growth and environmental sustainability. Other branches of economics, such as macroeconomics and microeconomics, deal with broader economic principles and behaviors but do not specifically focus on environmental issues. Development economics also has environmental components, but its primary focus is on the economic challenges and opportunities faced by developing countries, rather than specifically addressing environmental concerns.