Coastal Economics

Coastal economics studies how economic activities and development impact coastal areas, including beaches, ports, and marine resources. It considers factors like tourism, fishing, shipping, and real estate, focusing on balancing economic growth with environmental preservation. This field helps policymakers make informed decisions to maximize benefits such as jobs and revenue while protecting ecosystems and sustainable use of coastal resources. It also addresses challenges like erosion, pollution, and climate change that threaten these valuable areas. Overall, coastal economics seeks to understand and manage the complex interactions between economic development and environmental health along coastlines.