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What price for water?

What price for water?. Triple Bottom Line Economics. Aims. All: An introduction to the case study Most: All economic decisions impact in Economic, Social & Environmental ways Some: How to evaluate an economic decision from a Triple Bottom Line perspective. An introduction to the case study.

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What price for water?

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  1. What price for water? • Triple Bottom Line Economics

  2. Aims • All: An introduction to the case study • Most: All economic decisions impact in Economic, Social & Environmental ways • Some: How to evaluate an economic decision from a Triple Bottom Line perspective

  3. An introduction to the case study • Individually read the case study • Take notes about key points of information • In pairs share your notes • Break your notes into 3 areas • Economic impacts • Social impacts • Environmental impacts

  4. Triple Bottom Line Economics

  5. Economic Measures • Economic variables ought to be variables that deal with the bottom line and the flow of money. • It could look at income or expenditures, taxes, business climate factors, employment, and business diversity factors.

  6. Economic Measures Examples • Personal income • Cost of unemployment • Job growth • Corporate revenue contributing to Gross Domestic Product

  7. Environmental Measures • Environmental variables should represent measurements of natural resources and reflect potential influences to its viability. • It could incorporate air and water quality, energy consumption, natural resources, solid and toxic waste, and land use/land cover.

  8. Environmental Measures Examples • Pollution • Waste management • Environmental damage • Extinction rates

  9. Social Measures • Social variables refer to social dimensions of a community or region and could include measurements of education, equity and access to social resources, health and well-being, quality of life and social capital.

  10. Social Measures Examples • Unemployment rate • Median household income • Relative poverty • Crime rate • Life expectancy

  11. What is the cartoon saying?

  12. What is the cartoon saying?

  13. Which option would you choose? • Economic Impact • Social Impact • Environmental Impact

  14. Sources • http://www.ibrc.indiana.edu/ibr/2011/spring/article2.html • http://www.recycledwater.com.au/index.php?id=1

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