In the past there were a lot of researches on the topic of economic growth. Nevertheless, the environment has been a. hit abstracted by standard economics. Scarce natural resources and our choices to protect them or exploit them jointly determine the economic and environmental systems. In this paper we describe a model with a particular focus on the relationship among income, pollution, and non-renewable resources. We want to combine both economic and environmental sectors. The system dynamics approach is used in analyzing these complex relationships. This paper gives an insight, into the possibilities for replacing non-renewable resources with more renewable ones. Next, we present the simulation runs of the model that are conducted with the help of existing system dynamics modeling tools. Only the relationships simulated so far between the variables ought to lie put under yet more cautious examination.

In the past there were a lot of researches on the topic of economic growth. Nevertheless, the environment has been a. hit abstracted by standard economics. Scarce natural resources and our choices to protect them or exploit them jointly determine the economic and environmental systems. In this paper we describe a model with a particular focus on the relationship among income, pollution, and non-renewable resources. We want to combine both economic and environmental sectors. The system dynamics approach is used in analyzing these complex relationships. This paper gives an insight, into the possibilities for replacing non-renewable resources with more renewable ones. Next, we present the simulation runs of the model that are conducted with the help of existing system dynamics modeling tools. Only the relationships simulated so far between the variables ought to lie put under yet more cautious examination.