ABSTRACT
Ecological economics focuses on rebalancing human-nature interactions within a finite system of planetary boundaries. Its main field of research is the environment and sustainable development, rather than the traditional economic concepts of efficiency, market equilibria, and growth. In contrast to the latter, it views the economy as embedded in natural processes, such as biological, chemical, and physical transformations. It highlights the limitations and opportunities of an economy and society that intentionally stays within the planet’s carrying capacity.
