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Environmental and Natural Resource Economics engages students in standard economic theory through the lens of environmental issues such as global climate change and overpopulation. This broad, balanced approach combines traditional microeconomic analysis with a detailed examination of macro-level ecological problems that require local, national, and global policy solutions. The Second Edition includes new appendices, updated case studies, and the inclusion of current economic data. Numerous examples, graphs, key terms, and end-of-chapter questions help students review and assimilate core concepts.
Environmental problems and their local, national, and global solutions have taken on ever-increasing importance in today's world. Economic analysis of environmental problems is essential, but economic perspectives must be complemented with an understanding of the principles of ecological systems. [This book] offers an introduction to the broad perspective of ecological economics together with standard economic theory. The text covers traditional environmental economics topics, including the microeconomic analysis of resources and issues of resource allocation; at the same time, it presents an ecological perspective within a global context, discussing such issues as population growth, global climate change, species loss, trade and the environment, and sustainable development. -Back cover.
I. Introduction: The Economy and the Environment 1. Changing Perspectives on the Environment 2. Resources, Environment, and Economic Development II. Economic Analysis of Environmental Issues 3. The Theory of Environmental Externalities 4. Common-Property Resources and Public Goods 5. Resource Allocation Over Time 6. Valuing the Environment III. Ecological Economics and Environmental Accounting 7. Ecological Economics: Basic Concepts 8. National Income and Environmental Accounting 9. Modeling Economic and Ecological Systems IV. Population, Agriculture, and the Environment 10. Population and the Environment 11. Agriculture, Food, and Environment V. Energy and Resources 12. Nonrenewable Resources: Scarcity and Abundance 13. Energy: The Great Transition 14. Renewable Resource Use: Fisheries 15. Ecosystem Management: Forest and Water Systems VI. Pollution: Impacts and Policy Responses 16. Pollution: Analysis and Policy 17. Industrial Ecology 18. Global Climate Change VII. Environment, Trade, and Development 19. World Trade and the Environment 20. Institutions for Sustainable Development