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Full Description
Environmental issues are of fundamental importance, and a broad approach to understanding the relationship of the human economy and the natural world is essential. In a rapidly changing policy and scientific context, this new edition of Environmental and Natural Resource Economics reflects an updated perspective on modern environmental topics.Now in its fourth edition, this book includes new material on climate change, the cost-competitiveness of renewable energy, global environmental trends, and sustainable economies. The text provides a balanced treatment of both standard environmental economics and ecological economics, based on the belief that these two approaches are complementary. Several chapters focus on the core concepts of environmental economics, including the theory of externalities, the management of public goods, the allocation of resources across time, environmental valuation, and cost-benefit analysis. Material on ecological economics includes such topics as macroeconomic scale, entropy, and "green" national accounting. Topical chapters focus on: energy; climate change; water resources; international trade; forests; fisheries; and agriculture, with an emphasis on designing effective policies to promote sustainability and a "green" economy.Harris and Roach's premise is that a pluralistic approach is essential to understand the complex nexus between the economy and the environment. This perspective, combined with its emphasis on real-world policies, is particularly appealing to both instructors and students. This is the ideal text for classes on environmental, natural resource, and ecological economics.The book's companion website is available at: http://www.bu.edu/eci/education-materials/textbooks/environmental-and-natural-resource-economics/
Contents
PART ONEINTRODUCTION: THE ECONOMY AND THE ENVIRONMENTChapter 1: Changing Perspectives on the Environment1. Overview of Environmental Issues2. Economic Approaches to the Environment3. Principles of Ecological Economics4. A Look AheadChapter 2: Resources, Environment, and Economic Development1. Overview of Economic Growth2. Economic Growth in Recent Decades3. Environmental Trends in Recent Decades4. Optimists and Pessimists5. Sustainable DevelopmentPART TWOChapter 3: The Theory of Environmental Externalities1. The Theory of Externalities2. Welfare Analysis of Externalities3. Property Rights and the EnvironmentAppendix 3.1: Supply, Demand, and Welfare AnalysisAppendix 3.2: Externality Analysis: Advanced MaterialChapter 4: Common Property Resources and Public Goods1. Common Property, Open Access, and Property Rights2. The Environment as a Public Good3. The Global CommonsChapter 5: Resource Allocation Over Time1. Allocation of Non-Renewable Resources 2. Hotelling's Rule and Time DiscountingChapter 6: Valuing the Environment1. Total Economic Value2. Overview of Valuation Techniques3. Revealed Preference Methods4. Stated Preference MethodsChapter 7: Cost-Benefit AnalysisOverview of Cost-Benefit AnalysisBalancing the Present and Future: The Discount RateValuing Human LifeOther Issues in Cost-Benefit AnalysisCost-Benefit Analysis ExampleConclusion: The Role of Cost-Benefit Analysis in Environmental Policy DecisionsAppendix 7.1: Using Excel to Perform Present Value CalculationsChapter 8: Pollution: Analysis and Policy 1. The Economics of Pollution Control2. Policies for Pollution Control 3. The Scale of Pollution Impacts4. Assessing Pollution Control Policies5. Pollution Control Policies in PracticePART THREEECOLOGICAL ECONOMICS AND ENVIRONMENTAL ACCOUNTINGChapter 9: Ecological Economics: Basic Concepts An Ecological PerspectiveNatural Capital Issues of Macroeconomic Scale Long-Term SustainabilityChapter 10: National Income and Environmental Accounting1. Greening the National Income Accounts2. Green GDP3. Adjusted Net Saving4. The Genuine Progress Indicator5. The Human Development Index and the Better Life Index6. Environmental Asset Accounts7. The Future of Alternative IndicatorsAppendix 10.1: Basic National Income AccountingPART FOURENERGY, CLIMATE CHANGE, AND GREENING THE ECONOMYChapter 11: Energy: The Great Transition1. Energy and Economic Systems2. Evaluation of Energy Sources 3. Energy Trends and Projections4. Energy Supplies: Fossil Fuels5. Renewable Energy Sources6. The Economics of Alternative Energy Futures7. Policies for the Great Energy TransitionChapter 12: Global Climate Change: Science and Analysis1. Causes and Consequences of Climate Change2. Responses to Global Climate Change3. Economic Analysis of Climate ChangeChapter 13: Global Climate Change: Policy Responses 1. Adaptation and Mitigation2. Climate Change Mitigation: Economic Policy Options3. Climate Change: The Technical Challenge4. Climate Change Policy in Practice5. Other Economic Proposals: Environment and Equity6. Conclusion: Dimensions of Climate ChangeChapter 14: The Green Economy1. The Green Economy: Introduction2. The Relationship between the Economy and the Environment3. Industrial Ecology 4. Does Protecting the Environment Harm the Economy? 5. Creating a Green EconomyPART FIVEPOPULATION, AGRICULTURE, AND RESOURCESChapter 15: Population and the Environment1. The Dynamics of Population Growth2. Predicting Future Population Growth3. The Theory of Demographic Transition4. Population Growth and Economic Growth5. Ecological Perspectives on Population Growth6. Population Policies for the Twenty-First CenturyChapter 16: Agriculture, Food and Environment1. Feeding the World: Population and Food Supply2. Trends in Global Food Production3. Projections for the Future4. Agriculture's Impact on the Environment5. Sustainable Agriculture for the FutureChapter 17: Resources: Scarcity and Abundance1. The Supply of Non-Renewable Resources2. Economic Theory of Non-Renewable Resource Use3. Global Scarcity or Increasing Abundance?4. Environmental Impacts of Mining5. The Potential for Minerals RecyclingChapter 18: Renewable Resource Use - Fisheries1. Principles of Renewable Resource Management2. Ecological and Economic Analyses of Fisheries3. The Economics of Fisheries in Practice4. Policies for Sustainable Fisheries ManagementChapter 19: Ecosystem Management - Forest Ecosystems1. The Economics of Forest Management2. Forest Loss and Biodiversity3. Policies for Sustainable Forest ManagementChapter 20: Water Systems1. Global Supply and Demand for Water2. Addressing Water Shortages 3. Water Pricing 4. Water Rights, Water Markets, and Privatization 5. Water as Common Property Resource PART SIXENVIRONMENT, TRADE, AND DEVELOPMENTChapter 21: World Trade and the Environment1. Environmental Impacts of Trade2. Trade and Environment: Policy and Practice3. Trade Agreements and the Environment4. Strategies for Sustainable TradeChapter 22: Institutions for Sustainable Development1. The Concept of Sustainable Development2. The Economics of Sustainable Development3. Reforming Global Institutions4. New Goals and New Production Methods5. Conclusion: Policies for Sustainable Development
