1. What global developments have caused financial, social, and ecological sustainability to become increasingly prominent as macroeconomic concerns? Discuss with at least one example from the real-world.

Can economics help us to understand, and deal with, the prospect of climate change dueto human activities?Your answer should include reference to at least three of the following aspects of theproblem:a) A carbon tax vs cap and tradeb) The UK’s legal commitment to reduce net carbon emissions to zero by 2050c) Assessing costs to future generationsd) Bargaining over climate changee) Environmental dynamics

QUESTION 3 This image displays the production possibility frontier (PPF) for a country's choices between economic output and environmental protection. If the Country chooses Point M, what can you interpret about this choice? The Tradeoff between Economic Output and Environmental Protection Economic Output Select the correct answer below: a M R Environmental Protection S T This choice represents a high level of economic output but very little environmental protection. This choice is productively inefficient. This choice requires equal amounts of economic output and environmental protection. This choice represents a low level of economic output and a high level of environmental protection.

Economics Imagine you work in the economic development department for a small town or municipality. You have been tasked to write a briefing note to the council on how to adopt CED strategies into their strategic planning. Choose one of the topics below to employ in your note to council. Your note should outline what the recommended strategy or policy would entail, what some of the obstacles to implementation may be, and what the benefits of the strategy would be. Choose one: a. Topic 1: Establishing a social and/or local procurement policy. b. Topic 2: Implementing the doughnut economics approach to municipal planning.