The Economics of the Environment and Natural Resources / Edition 1

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The Economics of the Environment and Natural Resources covers the essential topics students need to understand environmental and resource problems and their possible solutions. Its unique lecture format provides an in-depth exploration of discrete topics, ideal for upper-level undergraduate, graduate or doctoral study. 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.

  • Offers broad treatment of issues in Environmental and Resource Economics.
  • Provides in-depth exploration of a wide range of topics with its unique lecture format.
  • Depicts key theoretical insights, major issues, and real-life problems for each subject.
  • Features case studies, annotated further reading, extensive references, and a detailed glossary.
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Editorial Reviews

From the Publisher
"This textbook provides a unique blend of global and local topicson environmental and natural resource economics as well as acomprehensive treatment of the techniques available in the field.The book should appeal to students who wish to have a comprehensiveand high-level introduction to the subject, and to economistsinterested in the recent advances in this field." EdwardBarbier, University of Wyoming

"This is an excellent text from some of the best practitionersin the field. It is very clearly written and provides a goodcoverage of the major topics essential to a course in environmentaland resource economics." Ian Bateman, University of EastAnglia

"Rigorous but accessible, this book provides an excellentintroduction to the literature on resource and environmentaleconomics. For those interested in economics as the science ofallocating scarce resources, this is an ideal starting point."John Quiggin, University of Queensland

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Product Details

  • ISBN-13: 9780631215646
  • Publisher: Wiley
  • Publication date: 2/23/2004
  • Edition description: New Edition
  • Edition number: 1
  • Pages: 524
  • Product dimensions: 6.80 (w) x 9.70 (h) x 1.48 (d)

Meet the Author

R. Quentin Grafton is a Senior Fellow at the Centre ofResource and Environmental Studies at the Australian NationalUniversity and formerly the Director of the Institute of theEnvironment at the University of Ottawa. He is the author orco-author of four other books (including a Dictionary ofEnvironmental Economics, Science, and Policy) and has publishednumerous journal articles in the area of environmental and resourceenvironmental economics.

Wiktor Adamowicz is a Canada Research Chair(Environmental Economics) and Professor in the Department of RuralEconomy, University of Alberta, Canada. He has published widely inresource and environmental economics and acted as an advisor onnumerous environmental valuation and natural resource damageassessment cases.

Diane Dupont is a Professor in the Economics Department,Brock University, Canada. Her research has spanned both naturalresources and environmental economics, and she has published injournals such as Environmental and Resource Economics,Marine Resource Economics, Journal of EnvironmentalEconomics and Management and American Journal ofAgricultural Economics.

Harry Nelson is a Senior Research Associate at the ForestEconomics and Policy Analysis Unit of the University of BritishColumbia. Dr Nelson has written extensively in the area of forestryeconomics and has acted as a consultant to the Canadian Departmentof Foreign Affairs and International Trade and Environment Canada,as well as undertaken work for NGOs and American Indian Tribes andCanadian First Nations.

Robert J. Hill is an Associate Professor in the School ofEconomics at the University of New South Wales in Sydney,Australia. He has published widely in leading economics journalsincluding International Economic Review, Review ofEconomics and Statistics, European Economic Review,Journal of Public Economics, and EconomicInquiry.Steven Renzetti is a Professor of Economics atBrock University, Canada.

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Table of Contents

List of Figures.

List of Tables.

List of Boxes.




Part I: Economics of the Environment:.

1. Models, Systems, and Dynamics.

2. Property Rights.

3. Economics of Pollution Control.

Part II: Resource Economics:.

4. Bioeconomics of Fisheries.

5. Forestry Economics.

6. Water Economics.

7. Economics of Non-renewable Resources.

Part III: Environmental Valuation:.

8. Environmental Valuation: Introduction and Theory.

9. Environmental Valuation: Stated Preference Methods.

10. Environmental Values Expressed Through Market Behavior.

Part IV: Global Environment:.

11. Growth and the Environment.

12. Environmental Accounting.

13. Trade and Environment.

14. The Global Commons.

15. Biodiversity.

16. Sustaining the Environment.



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