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1. What is natural resource economics & why is it important?
1. What is natural resource economics & why is it important?

... the branch of philosophy that investigates and creates theories about the nature of right and wrong, duty, obligation, freedom, virtue, and other issues where sentient beings can be harmed or helped. Sometimes contrasts with morality.” (G. Pence)  morality: what in fact people believe to be right a ...
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ETHICS: BACKGROUND AND OVERVIEW

... Think creatively about potential actions Discuss your decision with others Check your gut feeling ...
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Virtue ethics

Virtue ethics (or aretaic ethics /ˌærəˈteɪɪk/ from the Greek arete) emphasizes the role of one's character and the virtues that one's character embodies for determining or evaluating ethical behavior. Virtue ethics is one of the three major approaches to normative ethics, often contrasted to deontology, which emphasizes duty to rules, and consequentialism, which derives rightness or wrongness from the outcome of the act itself.The difference between these three approaches to morality tends to lie more in the ways in which moral dilemmas are approached, rather than in the moral conclusions reached. For example, a consequentialist may argue that lying is wrong because of the negative consequences produced by lying—though a consequentialist may allow that certain foreseeable consequences might make some lying (""white lies"") acceptable. A deontologist might argue that lying is always wrong, regardless of any potential ""good"" that might come from lying. A virtue ethicist, however, would focus less on lying in any particular instance and instead consider what a decision to tell a lie or not tell a lie said about one's character and moral behavior. As such, the morality of lying would be determined on a case-by-case basis, which would be based on factors such as personal benefit, group benefit, and intentions (as to whether they are benevolent or malevolent).
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