This book covers the essential topics students need to understand environmental and resource problems and their possible solutions.Each chapter depicts the key theoretical insights, major issues, and real-life problems that motivate the subject. In addition, the chapters feature practical applications and case studies, a list of annotated further reading, and extensive references. The book's broad treatment of the field includes discussions of general theoretical approaches, particular natural resources, the theory and practice of environmental valuation, and larger-scale environmental issues.
List of Figures List of Tables List of BoxesPrefaceAcknowledgementsIntroductionPart I: Economics of the Environment:1. Models, Systems, and Dynamics2. Property Rights3. Economics of Pollution ControlPart II: Resource Economics:4. Bioeconomics of Fisheries5. Forestry Economics6. Water Economics7. Economics of Non-renewable ResourcesPart III: Environmental Valuation:8. Environmental Valuation: Introduction and Theory9. Environmental Valuation: Stated Preference Methods10. Environmental Values Expressed Through Market BehaviorPart IV: Global Environment:11. Growth and the Environment12. Environmental Accounting13. Trade and Environment 14. The Global Commons15. Biodiversity16. Sustaining the EnvironmentGlossaryIndex
This textbook provides a unique blend of global and local topics on environmental and natural resource economics as well as a comprehensive treatment of the techniques available in the field. The book should appeal to students who wish to have a comprehensive and high-level introduction to the subject, and to economists interested in the recent advances in this field. Edward Barbier, University of Wyoming "This is an excellent text from some of the best practitioners in the field. It is very clearly written and provides a good coverage of the major topics essential to a course in environmental and resource economics." Ian Bateman, University of East Anglia "Rigorous but accessible, this book provides an excellent introduction to the literature on resource and environmental economics. For those interested in economics as the science of allocating scarce resources, this is an ideal starting point." John Quiggin, University of Queensland