Natural Resource and Environmental Economics / Edition 3

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Overview

Now in its fourth edition, this book is a comprehensive and contemporary analysis of the major areas of natural resource and environmental economics. All chapters have been fully updated in light of new developments and changes in the subject, and provide a balance of theory, applications and examples to give a rigorous grounding in the economic analysis of the resource and environmental issues that are increasingly prominent policy concerns.

This text has been written primarily for the specialist market of second and third year undergraduate and postgraduate students of economics.

Key features:

New chapter on trade and the environment, and for the first time, the text examines the economics of happiness.

Extended coverageon economy-wide modelling, valuing the environment, the practice and ethics of discounting and climate change.

Easy to follow, new two colour text-design and improved pedagogical features for enhanced readability and quick reference.

New boxes on ‘real-world problems’ and policy, keeping you informed with topical debates.

Revised questions for discussion and problem-solving, to test your knowledge and practice your understanding.

Detailed mathematical analysisis clearly explained in chapter appendices on the companion website, to help aid your learning.

Further reading listshave been fully updated, giving directions to the latest resources to help deepen your understanding.

Visit (www.pearsoned.co.uk/perman) to utilise a rich variety of online resources for both lecturers and students.

Roger Perman is Reader in Economics, Strathclyde University.

Yue Ma is Professor in Economics, Lingnan University, Hong Kong, and Adjunct Professor of Lingnan College, Zhongshan University, China.

Michael Common is Emeritus Professor in the Graduate School of Environmental Studies at Strathclyde University.

David Maddisonis Professor of Economics at the University of Birmingham

The late James McGilvray was Professor of Economics at Strathclyde University.

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Product Details

  • ISBN-13: 9780273655596
  • Publisher: Prentice Hall
  • Publication date: 8/1/2003
  • Edition description: REV
  • Edition number: 3
  • Pages: 728
  • Product dimensions: 7.50 (w) x 9.65 (h) x 1.62 (d)

Meet the Author

Roger Perman is Senior Lecturer in Economics, Strathclyde University. His major research interests and publications are in the field of applied econometrics and environmental economics.

Michael Common is Professor in the Graduate School of Environmental Studies at Strathclyde University. His major research interests are the development of ecological economics and policies for sustainability.

Yue Ma is Associate Professor in Economics, Lingnan University, Hong Kong, and Adjunct Professor of Lingnan College, Zhongshan University, China. His major research interests are international banking and finance, as well as environmental economics for developing countries.

David Maddison is Professor of Economics at the University of Birmingham

The late James McGilvray was Professor of Economics at Strathclyde University. He made important contributions in the fields of input-output analysis, social accounting and economic statistics, and to the study of the economics of transition in Central and Eastern Europe.

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Table of Contents

Preface to the Third Edition
Acknowledgements
Notation
Introduction
Pt. I Foundations
Ch. 1 An introduction to natural resource and environmental economics 3
Ch. 2 The origins of the sustainability problem 16
Ch. 3 Ethics, economics and the environment 56
Ch. 4 Concepts of sustainability 82
Ch. 5 Welfare economics and the environment 105
Pt. II Environmental pollution
Ch. 6 Pollution control: targets 165
Ch. 7 Pollution control: instruments 202
Ch. 8 Pollution policy with imperfect information 247
Ch. 9 Economy-wide modelling 269
Ch. 10 International environmental problems 297
Pt. III Project appraisal
Ch. 11 Cost-benefit analysis 351
Ch. 12 Valuing the environment 399
Ch. 13 Irreversibility, risk and uncertainty 444
Pt. IV Natural resource exploitation
Ch. 14 The efficient and optimal use of natural resources 473
Ch. 15 The theory of optimal resource extraction: non-renewable resources 506
Ch. 16 Stock pollution problems 537
Ch. 17 Renewable resources 555
Ch. 18 Forest resources 598
Ch. 19 Accounting for the environment 626
References 671
Index 689
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