Waste Management Economics

Waste Management Economics, within Environmental Economics, examines the costs and benefits associated with managing waste materials. It considers how to efficiently collect, process, and dispose of waste while minimizing environmental impact. This field assesses the economic implications of different waste management strategies, like recycling or landfilling, and evaluates policies that incentivize reductions in waste production. By analyzing these factors, Waste Management Economics aims to promote sustainable practices that protect the environment while also being economically viable for communities and businesses. Ultimately, it helps balance ecological health with economic growth.