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Ecometrics

  • 16 min read
  • 6 chapters

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Through Opportunity cost, Sustainable development and Consumerism

So ecometrics is a system of statistical extrapolation and interpolation that uses principles of resource management in economic and environmental studies to analyze trends in consumption. With a comprehensive understanding of ecometrics (and, by extension, an understanding of the impacts of the specific conscious or conventional opportunity costs), agents within economic systems can drive significant and measurable improvements for the triple bottom line.

The decisions made in the design of consumer products, facilities, systems, and processes can change the world for the better. By analyzing the comprehensive impact of individuals and societal practices, ecometrics quantitatively defines sustainable development. Given the diversity of environmental and economic parameters, there are numerous unique case studies for the application of ecometrics.

Three illustrative examples discussed in this article are libraries, agricultural food systems, and labeling programs. They model material cycles, energy cycles, and environmental parameter systems respectively. Levels of magnification play a role in each, serving as scalars in the consumption cycles. Both material and energy cycles highlight the need for more efficient production and consumption processes, as well as identifying sources of friction in consumer cycles.

Parameters of change

The parameters that cause change are often population, technology, transportation, consumption, public conscious, non-renewable or renewable resources, location, labor conditions, transportation and wealth. Ecometrics is used in labeling programs such as the US EPA Fuel Economy and Environment Label to determine the environmental and financial advantages of purchasing one car over another. There are many applications of Ecometrics for Environmental Impact Calculators infographics, and for political analysis.

Because the parameters of ecometrics vary drastically for any activity, the applications of its resulting measurements are sometimes unilateral. Applied ecometrics exposes the complexity of making sustainable decisions, especially given other humanitarian goals such as third world economic development. In this way, ecometrics shows any choice within consumption and production systems as wicked problems.

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