Question

__________ is a subfield of economics that examines the costs and benefits of various policies and regulations that seek to regulate or limit air and water pollution and other causes of environmental degradation.

Answer 1

The answer is Environmental Economics.

Step-by-step explanation:

Environmental economics belongs to an area of economics that is in charge of studying the financial impact related to environmental policies. This economics' field is important because it allows as well as it helps users to establish adequate environmental policies, and at the same time, analyze the effects of the policies that were already proposed.

Environmental economists make some studies to establish the theoretical or empirical effects that the environmental policies have on the economy.