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Can economic growth be environmentally sustainable? This crucial question goes right to the heart of environmental economics and is a matter of increasing concern globally.
The first edition of this popular title was the first introductory textbook in environmental economics that truly attempted to integrate economics with not only the environment but also ecology. This new version builds and improves upon the popular formula with new material, new examples, new pedagogical features and new questions for discussion.
With international case-studies and examples, this book will prove an excellent choice for introducing both students and other academics to the world of environmental economics.
1. The Natural Environment and the Human Economy: The Neoclassical Economic Perspective 2. The Natural Environment and the Human Economy: An Ecological Perspective 3. Fundamentals of the Economics of Environmental Resources: The "Optimal" Trade-Off between Environmental Quality and Economic Goods 4. The Economic Theory of Pollution Control: The "Optimal" Level of Pollution 5. The Economics of Environmental Regulations: Regulating the Environment through Judicial Procedures 6. The Economics of Environmental Regulations: Pollution Tax and Transferable Emission Permits 7. Economic Valuation of Environmental Benefits
8. A Framework for assessing the worthiness of an Environmental Project: Cost Benefit Analysis 9. Biophysical Limits to Economic Growth: The Malthusian Perspective 10. Biophysical Limits to Economic Growth: The Neoclassical Economic Perspective 11. Biophysical Limits to Economic Growth: The Ecological Economic Perspective 12. The Economics of Sustainable Development 13. Population, Development, and Environmental Degradation in the Developing World Appendix: Basic Elements of the Market Economy: How the Invisible Hand Works