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Economics of Climate Change and
Socioeconomic Implications
Overview
Two of the most signicant components of climate change that must be kept
near the forefront of the issue are economics and the socioeconomic impli-
cations associated with any relative economic decisions made. This chap-
ter discusses those components. It begins by looking at how climate change
relates to economic considerations overall and then delves into specic sec-
tors of the economy to see how they will be affected as temperatures begin to
change, rainfall and wind patterns shift, and seasonal timing is altered. The
chapter will explore the impacts of drought and deser ...