Project Appraisal and Macroeconomic Policy

Environmental economics addresses the issues that arise on the boundaries between economic systems and natural systems, such as pollution and natural resource de­ pletion and degradation. Like any other branch of applied economics, it has drawn its tools and techniques from the wide range already available in economics gener­ ally, selecting, adapting and extending these to meet its own particular requirements in its own particular context. Here, as elsewhere in economics, public policy ana...