Environmental economics is considered as the sub-discipline of economics, deals with environmental issues. The branch of environmental economics has distinct characteristics from ecological economics, which presents the assumption of economy as a subsystem of the eco-system with the focus upon preserving natural capital, rejects human-made ... ...

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Welfare economics can be illustrated as the sub-discipline of economics that is aimed to use the microeconomic techniques with the intent to evaluate wee-being at aggregate (economic-wide) level. The focus of the subject rests on the optimal allocation of resources and goods and covers the ... ...

Financial economics is known as a sub-discipline of economics that concentrated on monetary activities. The usage and distribution of resources in the market are analyzed in this branch of economics when uncertain situation appears. The theories of financial economics are implemented to review how time, ... ...

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