P30615: Engineering Management, Economics and Risk Analysis - Management Assignment Help

Assignment Task:

Task:

Sustainable development, and renewable energy impact on economic growth Under this coursework the students are expected to produce an independent report on sustainability for a specific location using the following objectives.

The following narrative gives a flavour of complex trade-off between economic growth, social dimensions, environmental impact and regulatory compliance towards sustainable development. Sustainability has different meaning to different people in different local context.

Narrative: When economists talk of sustainable economic growth, they are usually thinking of low inflationary growth that avoids an economic boom and bust. For example, the Lawson boom of the 1980s saw growth of 5-6% a year, which was unsustainable; it caused inflation and shortly afterwards there was an economic recession. However, sustainability increasingly raises questions of environmental sustainability.

The first thing that springs to mind is the 'Dismal Prophecies of Malthus.' Back in the nineteenth century Malthus saw a rising population and predicted the world would face food shortages because the population was rising, but, the available land wasn't.

Objectives:
The students should produce a report to address the following objectives for your given location as per table-1:
• Analyse the effects of renewable energy production and consumption on economic growth in your given location.
• Which combination of changes, costs and risks need to be socially acceptable to derive sustainable development?
• What measures need to be taken for your location to meet the sustainable development goals?

Please follow these instructions to produce your individual report:
? Your report should be within 2500 words.
? Provide citations for any text, data or ideas you use from other sources. Use in-line citations with full references at the end of your paper. In-line citations are not to be counted as part of your word count; the references are not part of the word count. Please see academic integrity note .
? Ensure that you use energy data and economical data to extrapolate trends for sustainable development.
 

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