End of unit activity

Step 1

In this unit the relationship between free market economics and environmental impact was described. Concepts such as environmental costing and how this can affect the price of goods were introduced. Technology investment opportunities were compared using a simple cost-benefit analysis technique such as net present value (NPV) calculations.

• In this unit the relationship between free market economics and environmental impact was described. Concepts such as environmental costing and how this can affect the price of goods were introduced. Technology investment opportunities were compared using a simple cost-benefit analysis technique such as net present value (NPV) calculations.

Go through the example you find in this case study (NPV at 15%) and try to generate this for yourself in an Excel spreadsheet.

Step 2

Look back over this unit and spend a few moments noting down the key points as far as you are concerned. Reflect on applied aspects of responsibilities for an energy efficient, cleaner environment. Should this responsibility be driven by government legislation or by personal choice of the informed citizen? You should compare these with some of the learning outcomes stated at the beginning of the unit. Do you think you have made progress against the table you completed for Unit 1?