Description
• Adopts a pluralist approach introducing students to both environmental economics and ecological economics highlighting the explanatory power, and complementarity, of both approaches in exploring the economics of environmental and natural resource issues.
• This edition includes enhanced and updated coverage of topics such as the Green New Deal, post-Paris climate discussions, development in carbon trading systems, and deforestation in the Amazon to ensure the text is up-to-speed with the latest research and developments in the field.
• A supporting website provides a full range of teaching resources including multiple choice questions and PowerPoint slides, and features regular updates on new case studies, policy initiatives and overviews of key topics, to provide a complete teaching and learning resource.
Table of Contents
1. Changing Perspectives on the Environment; 2. Resources, Environment, and Economic Development; 3. The Theory of Environmental Externalities; 4. Common Property Resources and Public Goods; 5. Resource Allocation Over Time; 6. Valuing the Environment; 7. Cost–Benefit Analysis; 8. Pollution: Analysis and Policy; 9. Ecological Economics: Basic Concepts; 10. National Income and Environmental Accounting; 11. Energy: The Great Transition; 12. Global Climate Change: Science and Economics; 13. Global Climate Change: Policy Responses; 14. Greening the Economy; 15. Population and the Environment; 16. Agriculture, Food, and Environment; 17. Nonrenewable Resources: Scarcity and Abundance; 18. Renewable Resource Use: Fisheries; 19. Forests and Land Management; 20. Water: Economics and Policy; 21. World Trade and the Environment; 22. Policies for Sustainable Development