en.unionpedia.org

Thermoeconomics, the Glossary

Thermoeconomics, also referred to as biophysical economics, is a school of heterodox economics that applies the laws of statistical mechanics to economic theory.^[1]

33 relations: Antoine Lavoisier, Dissipative system, Ecodynamics, Ecological economics, Economic efficiency, Economic system, Econophysics, Energy, Energy quality, Entropy, Evolution, First law of thermodynamics, Harvard University Press, Heterodox economics, Information, Kinetic exchange models of markets, Laws of thermodynamics, Matter, Myron Tribus, Nicholas Georgescu-Roegen, Non-equilibrium thermodynamics, Open system (systems theory), Peter Corning, Productivity, Second law of thermodynamics, Social class, Statistical mechanics, Systems ecology, Taylor & Francis, The Limits to Growth, Thermodynamic system, Value theory, World Scientific.

Antoine Lavoisier

Antoine-Laurent de Lavoisier (26 August 17438 May 1794), CNRS (Centre National de la Recherche Scientifique) also Antoine Lavoisier after the French Revolution, was a French nobleman and chemist who was central to the 18th-century chemical revolution and who had a large influence on both the history of chemistry and the history of biology.

See Thermoeconomics and Antoine Lavoisier

Dissipative system

A dissipative system is a thermodynamically open system which is operating out of, and often far from, thermodynamic equilibrium in an environment with which it exchanges energy and matter.

See Thermoeconomics and Dissipative system

Ecodynamics

Ecodynamics is a part of applied economics.

See Thermoeconomics and Ecodynamics

Ecological economics

Ecological economics, bioeconomics, ecolonomy, eco-economics, or ecol-econ is both a transdisciplinary and an interdisciplinary field of academic research addressing the interdependence and coevolution of human economies and natural ecosystems, both intertemporally and spatially. Thermoeconomics and Ecological economics are Industrial ecology.

See Thermoeconomics and Ecological economics

Economic efficiency

In microeconomics, economic efficiency, depending on the context, is usually one of the following two related concepts.

See Thermoeconomics and Economic efficiency

Economic system

An economic system, or economic order, is a system of production, resource allocation and distribution of goods and services within a society.

See Thermoeconomics and Economic system

Econophysics

Econophysics is a non-orthodox (in economics) interdisciplinary research field, applying theories and methods originally developed by physicists in order to solve problems in economics, usually those including uncertainty or stochastic processes and nonlinear dynamics.

See Thermoeconomics and Econophysics

Energy

Energy is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light.

See Thermoeconomics and Energy

Energy quality

Energy quality is a measure of the ease with which a form of energy can be converted to useful work or to another form of energy: i.e. its content of thermodynamic free energy. Thermoeconomics and energy quality are Industrial ecology.

See Thermoeconomics and Energy quality

Entropy

Entropy is a scientific concept that is most commonly associated with a state of disorder, randomness, or uncertainty.

See Thermoeconomics and Entropy

Evolution

Evolution is the change in the heritable characteristics of biological populations over successive generations.

See Thermoeconomics and Evolution

First law of thermodynamics

The first law of thermodynamics is a formulation of the law of conservation of energy in the context of thermodynamic processes.

See Thermoeconomics and First law of thermodynamics

Harvard University Press

Harvard University Press (HUP) is a publishing house established on January 13, 1913, as a division of Harvard University, and focused on academic publishing.

See Thermoeconomics and Harvard University Press

Heterodox economics

Heterodox economics is any economic thought or theory that contrasts with orthodox schools of economic thought, or that may be beyond neoclassical economics.

See Thermoeconomics and Heterodox economics

Information

Information is an abstract concept that refers to something which has the power to inform.

See Thermoeconomics and Information

Kinetic exchange models of markets

Kinetic exchange models are multi-agent dynamic models inspired by the statistical physics of energy distribution, which try to explain the robust and universal features of income/wealth distributions.

See Thermoeconomics and Kinetic exchange models of markets

Laws of thermodynamics

The laws of thermodynamics are a set of scientific laws which define a group of physical quantities, such as temperature, energy, and entropy, that characterize thermodynamic systems in thermodynamic equilibrium.

See Thermoeconomics and Laws of thermodynamics

Matter

In classical physics and general chemistry, matter is any substance that has mass and takes up space by having volume.

See Thermoeconomics and Matter

Myron Tribus

Myron Tribus (October 30, 1921 – August 31, 2016) was an American organizational theorist, who was the director of the Center for Advanced Engineering Study at MIT from 1974 to 1986.

See Thermoeconomics and Myron Tribus

Nicholas Georgescu-Roegen

Nicholas Georgescu-Roegen (born Nicolae Georgescu, 4 February 1906 – 30 October 1994) was a Romanian mathematician, statistician and economist.

See Thermoeconomics and Nicholas Georgescu-Roegen

Non-equilibrium thermodynamics

Non-equilibrium thermodynamics is a branch of thermodynamics that deals with physical systems that are not in thermodynamic equilibrium but can be described in terms of macroscopic quantities (non-equilibrium state variables) that represent an extrapolation of the variables used to specify the system in thermodynamic equilibrium.

See Thermoeconomics and Non-equilibrium thermodynamics

Open system (systems theory)

An open system is a system that has external interactions.

See Thermoeconomics and Open system (systems theory)

Peter Corning

Peter Andrew Corning (born 1935) is an American biologist, consultant, and complex systems scientist, Director of the Institute for the Study of Complex Systems, in Seattle, Washington.

See Thermoeconomics and Peter Corning

Productivity

Productivity is the efficiency of production of goods or services expressed by some measure.

See Thermoeconomics and Productivity

Second law of thermodynamics

The second law of thermodynamics is a physical law based on universal empirical observation concerning heat and energy interconversions.

See Thermoeconomics and Second law of thermodynamics

A social class or social stratum is a grouping of people into a set of hierarchical social categories, the most common being the working class, middle class, and upper class.

See Thermoeconomics and Social class

Statistical mechanics

In physics, statistical mechanics is a mathematical framework that applies statistical methods and probability theory to large assemblies of microscopic entities.

See Thermoeconomics and Statistical mechanics

Systems ecology

Systems ecology is an interdisciplinary field of ecology, a subset of Earth system science, that takes a holistic approach to the study of ecological systems, especially ecosystems.

See Thermoeconomics and Systems ecology

Taylor & Francis

Taylor & Francis Group is an international company originating in England that publishes books and academic journals.

See Thermoeconomics and Taylor & Francis

The Limits to Growth

The Limits to Growth (often abbreviated LTG) is a 1972 report that discussed the possibility of exponential economic and population growth with finite supply of resources, studied by computer simulation. Thermoeconomics and the Limits to Growth are ecological economics.

See Thermoeconomics and The Limits to Growth

References

[1] https://en.wikipedia.org/wiki/Thermoeconomics

Also known as Bioeconomics (biophysical), Biophysical economics, Economic entropy.

Thermoeconomics, the Glossary

Table of Contents

References