Environmental Economics And Policy

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.

Environmental Economics explores the ways in which economic theory and its applications, as practised and taught today, must be modified to explicitly accommodate the goal of sustainability and the vital role played by environmental capital. Pivoting around the first and second laws of thermodynamics, as well as the principles of ecological resilience, this book is divided into five key parts, which includes extensive coverage of environmental microeconomics and macroeconomics. It drills down into issues and challenges including consumer demand; production and supply; market organisation; renewable and non-renewable resources; environmental valuation; macroeconomic stabilisation, and international trade and globalisation. Drawing on case studies from forestry, water, soil, air quality, and mining, this book will equip readers with skills that enable the analyses of environmental and economic policy issues with a specific focus on the sustainability of the economy. Rich in pedagogical features, including key concepts boxes and review questions at the end of each chapter, this book will be a vital resource for upperlevel undergraduate and postgraduate students studying not only environmental economics/ecological economics but also economics in general.

How can we design environmental policy that achieves ambitious ecological goals without burdening society with excessive costs? How can effective international agreements, for example, on global warming, be designed? This textbook discusses issues such as these in an intelligible manner for students. The book uses little mathematical analysis, relying on verbal and graphical analysis.

Discussion Questions; Self-Test Exercise; Further Reading; 2 The Economic Approach: Property Rights, Externalities, and Environmental Problems; Introduction; The Human-Environment Relationship; The Environment as an Asset; The Economic Approach; EXAMPLE 2.1 Economic Impacts of Reducing Hazardous Pollutant Emissions from Iron and Steel Foundries; Environmental Problems and Economic Efficiency; Static Efficiency; Property Rights; Property Rights and Efficient Market Allocations; Efficient Property Rights Structures; Producer's Surplus, Scarcity Rent, and Long-Run Competitive Equilibrium.

Environmental Economics: Theory, Application, andPolicy's strong policy-oriented approach to environmental economics draws in current research and case studies to illustrate topics on the cutting edge of worldwide policy debates. The author introduces students to subjects such as biodiversity, climate change, air pollution, and forestry by presenting the actual data and methods used by experts in these fields. In addition, considerable material on emerging areas such as macroeconomics and trade, agriculture, ecological economics, and sustainability gives students a full understanding of the environmental economics field. The book's focus on basic economic concepts in the introductory chapters prepares students to understand these issues. Chapman does not discuss economics in the abstract: examples, historical contexts, and case studies are used to illustrate key points. And throughout the book, there is a heavy emphasis on social issues and ethics. *Strong policy approach - seen in its integration of practical examples and issues that are both domestic and international in nature - combines scientific and economic interpretations of environmental problems *Focus on core economic th

Environmental Policy is an increasingly important subject as we enter an era where environmental issues are affecting all walks of life. This informative Research Review provides a guide through the behavioral and political foundations of environmental economic policy. It discusses articles which give an in-depth view of the current economic discipline whilst also looking at research from other social and behavioral sciences. Students and scholars as well as environmental policy makers will find this an essential tool to navigate the political and behavioural issues that we have to understand in order to resolve some of the biggest political issues of our time.

This unique graduate textbook offers a compelling narrative of the growing field of environmental economics that integrates theory, policy, and empirical topics. Daniel J. Phaneuf and Till Requate present both traditional and emerging perspectives, incorporating cutting-edge research in a way that allows students to easily identify connections and common themes. Their comprehensive approach gives instructors the flexibility to cover a range of topics, including important issues - such as tax interaction, environmental liability rules, modern treatments of incomplete information, technology adoption and innovation, and international environmental problems - that are not discussed in other graduate-levels texts. Numerous data-based examples and end-of-chapter exercises show students how theoretical and applied research findings are complementary, and will enable them to develop skills and interests in all areas of the field. Additional data sets and exercises can be accessed online, providing ample opportunity for practice. For more information, visit the book's website at http://phaneuf-requate.com/.

This text can be used to understand the behavioural sources of environmental problems and to provide the foundations for solutions. It provides insights from the natural and physical sciences, literature and political science.