ENVS220 Study Guide - Final Guide: Genuine Progress Indicator, Gross Domestic Product, Gross National Product
14 May 2016
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This section will be comprised of 15 multiple choice questions. These questions will be drawn from lecture, discussion and assigned reading materials. This section will be comprised of identify and explain the significance" type questions. In terms of significance, be sure to explain why the concept is important for ecological or neoclassical economics. Your answers should be approximately 2 to 4 pages in length double-spaced. You will be asked to answer 2 of these questions, and there will be some choice. You should use diagrams and examples wherever relevant to supplement your answers. It is also good to refer to authors and key thinkers where relevant. The questions will be drawn from the following terms and concepts: Genuine progress indicator (gpi) and index of sustainable economic welfare. Genuine progress indicator (gpi) is a metric that has been suggested to replace, or supplement, gross domestic product (gdp) as a measure of economic growth.
