Socioeconomics (also known as social economics) is the social science that studies how economic activity affects and is shaped by social processes. In general it analyzes how modern societies progress, stagnate, or regress because of their local or regional economy, or the global economy.

Overview

“Socioeconomics” is sometimes used as an umbrella term for various areas of inquiry. The term “social economics” may refer broadly to the "use of economics in the study of society".[1] More narrowly, contemporary practice considers behavioral interactions of individuals and groups through social capital and social "markets" (not excluding, for example, sorting by marriage) and the formation of social norms.[2] In the relation of economics to social values.[3]

A distinct supplemental usage describes social economics as "a discipline studying the reciprocal relationship between economic science on the one hand and social philosophy, ethics, and human dignity on the other" toward social reconstruction and improvement[4] or as also emphasizing multidisciplinary methods from such fields as sociology, history, and political science.[5] In criticizing mainstream economics for its alleged faulty philosophical premises (for example the pursuit of self-interest) and neglect of dysfunctional economic relationships, such advocates tend to classify social economics as heterodox.[6]

Socioeconomic factors of environmental change

The socioeconomic system at the regional level refers to the way social and economic factors influence one another in local communities and households. These systems have a significant impact on the environment through deforestation, pollution, natural disasters, and energy production and use. Through telecoupled systems, these interactions can lead to global impact. Local economies, food insecurity, and environmental hazards are all negative effects that are a direct outcome of socioeconomic systems.

Deforestation

Pollution

Natural disasters

Households

Conclusion

See also

Notes

  1. ^ John Eatwell, Murray Milgate, and Peter Newman, [1987] 1989. Social Economics: The New Palgrave, p. xii. Description & scrollable preview.
  2. ^ Becker, Gary S. (November–December 1974). "A theory of social interactions" (PDF). Journal of Political Economy. Chicago Journals. 82 (6): 1063–1093. doi:10.1086/260265. JSTOR 1830662. S2CID 145041880. Pdf.
       • _____ and Kevin M. Murphy, 2001, Social Economics: Market Behavior in a Social Environment. Description and table of contents. Harvard University Press.
       • Mariano Tommasi and Kathryn Ierulli, ed., 1995. The New Economics of Human Behavior, Cambridge. Description and preview.
       • Steven N. Durlauf and H. Peyton Young 2001. "The New Social Economics" in Social Dynamics, ch. 1, pp. 1-14. Preview. MIT Press.
       • Steven N. Durlauf and Lawrence E. Blume, 2008. The New Palgrave Dictionary of Economics, 2nd Edition:
    "social interactions (empirics)" by Yannis M. Ioannides. Abstract.
    "social interactions (theory)" by José A. Scheinkman. Abstract.
  3. ^ • 'Relation of Economics to Social Values' is the corresponding title of JEL: A13 in the Journal of Economic Literature classification codes.
       • Jess Benhabib, Alberto Bisin, and Matthew Jackson, ed., 2011. Handbook of Social Economics, Elsevier:
         Vol. 1A: Part 1. Social Preferences, ch. 1-11; Part 2. Social Actions, ch. 12-17. Description & Contents links and chapter-preview links.
         Vol. 1B: Part 3. Peer and Neighborhood Effects, ch. 18-25. Description & Contents links and chapter-preview links
  4. ^ Mark A. Lutz, 2009. "Social economics," in Jan Peil and Irene van Staveren, ed., Handbook of Economics and Ethics, p. 516. [Pp. 516-22.] Edward Elgar Publishing.
       • _____, 1999. Economics for the Common Good: Two Centuries of Social Economic Thought in the Humanist Tradition, Routledge. Preview.
  5. ^ Davis, John B.; Dolfsma, Wilfred (2008), "Social economics: an introduction and a view of the field", in Davis, John B.; Dolfsma, Wilfred (eds.), The Elgar companion to social economics, Cheltenham, UK Northampton, Massachusetts: Edward Elgar, pp. 1–7, ISBN 9781848442771. Preview. Description.
       • International Journal of Social Economics. Description.
       • Socio-Economic Review.
  6. ^ • Edward O'Boyle, ed., 1996. Social Economics: Premises, Findings and Policies, pp. ii and ix.
       • Tony Lawson, 2006. "The Nature of Heterodox Economics," Cambridge Journal of Economics, 30(4), pp. 483-505. Alternate access copy (press +).
       • Frederic S. Lee, 2008. "heterodox economics," The New Palgrave Dictionary of Economics, 2nd Ed., v.4, pp. 1–6. Abstract.
  7. ^ Rahman, Fazlur; Haq, Fazlul; Tabassum, Iffat; Ullah, Ihsan (February 2014). "Socio-economic drivers of deforestation in Roghani Valley, Hindu-Raj Mountains, Northern Pakistan". Journal of Mountain Science. 11 (1): 167–179. doi:10.1007/s11629-013-2770-x. ISSN 1672-6316. S2CID 140727337.
  8. ^ Markewitz, Daniel; Devine, Scott; Davidson, Eric A.; Brando, Paulo; Nepstad, Daniel C. (2010). "Soil moisture depletion under simulated drought in the Amazon: impacts on deep root uptake". The New Phytologist. 187 (3): 592–607. doi:10.1111/j.1469-8137.2010.03391.x. ISSN 0028-646X. JSTOR 40792408. PMID 20659251.
  9. ^ "Effects of Deforestation | The Pachamama Alliance". www.pachamama.org. Retrieved 2020-03-27.
  10. ^ Schmutter, Katherine; Nash, Merinda; Dovey, Liz (2016-05-13). "Ocean acidification: assessing the vulnerability of socioeconomic systems in Small Island Developing States". Regional Environmental Change. 17 (4): 973–987. doi:10.1007/s10113-016-0949-8. ISSN 1436-3798. S2CID 156564723.
  11. ^ Schuster, Robert L.; Highland, Lynn M. (2001). "Socioeconomic and environmental impacts of landslides in the Western Hemisphere". Open-File Report. doi:10.3133/ofr01276.
  12. ^ Kjekstad, Oddvar; Highland, Lynn (2009), Sassa, Kyoji; Canuti, Paolo (eds.), "Economic and Social Impacts of Landslides", Landslides – Disaster Risk Reduction, Springer Berlin Heidelberg, pp. 573–587, doi:10.1007/978-3-540-69970-5_30, ISBN 978-3-540-69966-8
  13. ^ Campbell, Malcolm (November 2012). "Urban Consumption,edited by Peter W. Newton". Urban Research & Practice. 5 (3): 369–371. doi:10.1080/17535069.2012.727571. ISSN 1753-5069. S2CID 155614481.
  14. ^ Liu, J.; Dietz, T.; Carpenter, S. R.; Alberti, M.; Folke, C.; Moran, E.; Pell, A. N.; Deadman, P.; Kratz, T.; Lubchenco, J.; Ostrom, E. (2007-09-14). "Complexity of Coupled Human and Natural Systems". Science. 317 (5844): 1513–1516. Bibcode:2007Sci...317.1513L. doi:10.1126/science.1144004. ISSN 0036-8075. PMID 17872436.

References