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The text presents a broad study of environmental issues and explores economic theories to reinforce the lessons. Offering a long-lasting understanding of real-world environmental problems and policy solutions, this work provides a foundation for the environmental managers of tomorrow.
The tools of environmental economics guide policymakers as they weigh development against nature, present against future, and certain benefits against uncertain consequences. From reluctant-but-necessary calculations of the value of life, to quandaries over profits at the environment’s expense, the policies and research findings explained in this textbook are relevant to decisions made daily by individuals, firms, and governments. The fourth edition of Environmental Economics and Natural Resource Management pairs the user-friendly approaches of the previous editions with the latest developments in the field. A story-based narrative delivers clear, concise coverage of contemporary policy initiatives. To promote environmental and economic literacy, we have added even more visual aids, including color photographs and diagrams unmatched in other texts. Ancillaries include an Instructor’s Guide with answers to all of the practice problems and downloadable slides of figures and tables from the book. The economy is a subset of the environment, from which resources are obtained, workers and consumers receive sustenance, and life begins. Energy prices and environmental calamities constrain economic growth and the quality of life. The same can be said about overly restrictive environmental policies. It is with an appreciation for the weighty influence of this discipline, and the importance of conveying it to students, that this textbook is crafted.
Environmental Economics and Policy is a best-selling text for environmental economics courses. Offering a policy-oriented approach, it introduces economic theory, empirical fieldwork, and case studies that show how underlying economic principles provided the foundation for environmental policies. Key features include: Introductions to the theory and method of environmental economics, including externalities, benefit-cost analysis, valuation methods, and ecosystem goods and services. Extensive coverage of the major issues including climate change mitigation and adaptation, air and water pollution, and environmental justice. Boxed "Examples" and "Debates" throughout the text, which highlight global examples and major talking points. This text will be of use to undergraduate students of economics. Students will leave the course with a global perspective of how environmental economics has played and can continue to play a role in promoting fair and efficient environmental management. The text is fully supported with end-of-chapter summaries, discussion questions, and self-test exercises in the book. Additional online resources include references, as well as PowerPoint slides for each chapter.
The objective of this book is to analyze the institutional barriers to implementing market-based climate policy, as well as to provide some opportunities to overcome them. The approach is that of institutional economics, with special emphasis on political transaction costs and path dependence. Instead of rejecting the neoclassical approach, this book uses it where fruitful and shows when and why it is necessary to employ a new or neo-institutionalist approach. The result is that equity is considered next to efficiency, that the evolution and possible lock-in of both formal and informal climate institutions are studied, and that attention is paid to the politics and law of economic instruments for climate policy, including some new empirical analyses. The research topics of this book include the set-up costs of a permit trading system, the risk that credit trading becomes locked-in, the potential legal problem of grandfathering in terms of actional subsidies under WTO law or state aid under EC law, and the changing attitudes of various European officials towards restricting the use of the Kyoto Mechanisms.
Though many students and environmentalists shudder at even the thought of economics, a working knowledge of the basics can be a powerful ally. Economic arguments carry a great deal of weight, and putting them to work for environmental causes can be a deciding factor, especially in policy debates. The reverse is true as well, and an understanding of the possibly flawed, misleading, or overstated economics behind an opponent's case can be crucially important. Environmental Economics for Tree Huggers and Other Skeptics carefully explains the tools of economic analysis and shows how they can be used to help reveal the root causes of and potential solutions for environmental and natural resource problems. Jaeger's proven techniques and wonderfully conversational tone assume no economics training, and his presentation of the material is designed to facilitate clarity. His step-by-step approach unearths surprisingly simple, easy-to-remember principles and shows how to apply them to real-world environmental problems. Those with exposure to introductory microeconomics will find Environmental Economics for Tree Huggers and Other Skeptics to be a welcome refresher. Undergraduate and graduate students of environmental studies, resource management, law, policy, and related fields, as well as novices who are skeptical of how the field could possibly help them in their own efforts, will be pleasantly surprised.
Handbook in Environmental Economics, Volume 4, the latest in this ongoing series, highlights new advances in the field, with this new volume presenting timely chapters on Modeling Ecosystems and Economic Systems, Framing Sustainability Policy Questions: Who Leads – Ecology or Economics?, Valuing Natural Capital Within an Integrated Economic Ecological, Developing Economies, Urbanization, Climate Change and Health, Viewing Environmental Policy Instruments for Domestic and International Perspective, Quasi experimental Estimation of Environmental Policies, Environment Macro, The Rules for Formal and Informal Institutions in Managing Environmental Resources, and How Should Uncertainty Be Integrated into the Methods for Policy Evaluation? - Answers key policy questions facing environmental agencies in developed and developing economies - Integrates insights from economics and ecology as part of several key chapters - Presents the latest on efforts to review and evaluate the new literatures on field and quasi experiments in environmental economics - Provides the first substantive review of environmental macro economics
The Handbook of Environmental Economics focuses on the economics of environmental externalities and environmental public goods. Volume I examines environmental degradation and policy responses from a microeconomic, institutional standpoint. Its perspective is dynamic, including a consideration of the dynamics of natural systems, and global, with attention paid to issues in both rich and poor nations. In addition to chapters on well-established topics such as the theory and practice of pollution regulation, it includes chapters on new areas of environmental economics research related to common property management regimes; population and poverty; mechanism design; political economy of regulation; experimental evaluations of policy instruments; and technological change.
This book aids those concerned about environmental issues to firmly grasp relevant analytical methods and to comprehend the thought process behind environmental economics. It does so by drawing from specific environmental issues and at the same time providing commentary that facilitates understanding. This text contains in-depth explanations necessary for a thorough understanding of the fundamental aspects and importance of environmental economics. Environmental Economics seeks to elucidate the mechanisms that give rise to environmental problems by approaching environmental issues from an economic perspective. At the same time, it is a study aiming to indicate specific countermeasures that could resolve present environmental issues. This text has been put together in way that allows readers without specialized economics knowledge to easily understand the situation, issues and challenges of environmental economics.
Provide your students with an applied, practical approach to environmental economic theory that is accessible to both students who have minimal exposure to economics, and students with an advanced understanding of economics. With a strong focus on policy and real-world issues, Callan/Thomas's ENVIRONMENTAL ECONOMICS AND MANAGEMENT: THEORY, POLICY AND APPLICATIONS, Fifth Edition, does not compromise economic theoretical concepts, but it does complement economic theory with timely, real-world applications. Your undergraduate or MBA students will gain a clear perspective of the relationship between market activity and the environment. The text integrates a strong business perspective into the development of environmental decision making for a vantage point often overlooked in more conventional approaches. The book emphasizes the use of economic analytical tools, such as market models, benefit-cost analysis, and risk analysis, to assess environmental problems and to evaluate policy solutions. With a proven, modular structure, this edition provides a well-organized presentation with the flexibility to easily tailor the order of presentation and content of the course to your individual teaching needs. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
Ecological economics is a new transdisciplinary approach to understanding and managing the ecology and economics of our world for sustainability on local, regional, and global scales. The previous isolation of these two fields has led to economic and environmental policies that have been mutually destructive rather than reinforcing in the long term. This book brings together these two disciplines in chapters covering the basic worldview of ecological economics; accounting, modeling, and analysis of ecological economicl systems; and necessary institutional changes and case studies.