Thermodynamics and Economics of Resources

Yuli Radev

Ikonomiceski i Sotsialni Alternativi, 2015, issue 2, 5-15

Abstract: Nearly 50 years after the publication Analyti­cal Economics (1966) by N. Georgescu-Roegen discussions about the role of thermodynamics and entropy in economics are continuing. For physicists, the greatest challenge remains the interdependence between thermodynamic laws and human factor. However, more and more economists agree that this theory is a useful tool for microanalysis of natural resources in­volved in economic production.

Keywords: economics; of; resources (search for similar items in EconPapers)
JEL-codes: O10 Q01 Q32 Q50 (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.unwe.bg/uploads/Alternatives/1-Radev.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nwe:iisabg:y:2015:i:2:p:5-15

Access Statistics for this article

More articles in Ikonomiceski i Sotsialni Alternativi from University of National and World Economy, Sofia, Bulgaria Contact information at EDIRC.
Bibliographic data for series maintained by Vanya Lazarova ().