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Environmental Economics is an introduction to the basic principles of environmental economics as they have been developed in the past and as they continue to evolve. The examples discussed in this textbook represent only a sample of the full range of issues that actually exists. For this reason, the Fifth Edition sticks to the basic ideas and ways that environmental economists have found to make the basic concepts and models more specific and relevant to concrete environmental issues. The basic structure and sequence of chapters are unchanged but contains new and updated material that reflects the new research efforts by environmental economists over the last few years.
List of contents
Section 1: Introduction
1: What is Environmental Economics?
2: The Economy and the Environment
Section 2: Analytical Tools
3: Benefits and Costs, Supply and Demand
4: Economic Efficiency and Markets
5: The Economics of Environmental Quality
Section 3: Environmental Analysis
6: Frameworks of Analysis
7: Benefit-Cost Analysis: Benefits
8: Benefit-Cost Analysis: Costs
Section 4: Environmental Policy Analysis
9: Criteria for Evaluating Environmental Policies
10: Decentralized Policies: Liability Laws, Property Rights, Voluntary Action
11: Command-and-Control Strategies: The Case of Standards
12: Incentive-Based Strategies: Emission Charges and Subsidies
13: Incentive-Based Strategies: Transferable Discharge Permits
Section 5: Environmental Policy in the United States
14: Federal Water Pollution-Control Policy
15: Federal Air Pollution Control Policy
16: Federal Polity on Toxic and Hazardous Substances
17: State and Local Environmental Issues
Section 6: International Environmental Issues
18: Comparative Environmental Policies
19: Economic Development and the Environment
20: The Global Environment
21: International Environmental Agreements
Appendix: Abbreviations and Acronyms used in the book
