Publisher's Synopsis
In this book, I shall also explain why it has long been accepted that material wellbeing, as measured by GDP person method to measure standard of life and I shall also explain what the difference is between the broader standard of life and quality of life how to influence to any countries' economic growth. Moreover, in my literature will be tried to explain how to adjust GDP by quantifying facets that are omitted by the GDP measure, various non-market activities and social ill, such as environmental pollution. Also, I shall explain why it is difficulties in assigning monetary that comprise a wider measure of socio-economic wellbeing from GDP measurement only.
In this book's final part, I shall give my recommendation to give my reasons to explain why the environmental factor can influence quality of human life and economy growth. I aim to let economy students can have more creative mind to make critical judgement to research whether environmental pollution factor has or has not ability to influence human's quality of life and economy growth for long term.