Bioeconomics
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In resource economics, bioeconomics studies the dynamics of living resources in using economic models. Bioeconomics leans heavily on mathematical modeling and optimal control theory.
The science of bioeconomics is the discipline originating from the synthesis of biology and economics. It is an attempt to bridge, through the concept of holism and interdisciplinary methodology, the empirical culture of biology and the theoretical culture of economics through a paradigmatic shift in the development of the economy-environment disciplines such as natural resource economics, environmental economics and ecological economics.
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