Description
Book SynopsisEnvironmental 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 text represent only a sample of the full range of issues that actually exists. For this reason, the Eighth 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 in this edition are unchanged although we have reorganized and updated the last section on global issues. The first section of the book is an introduction, beginning with a chapter on what environmental economics is about, followed by one on the basic relationships between the economy and the environment. The next section is devoted to studying the tools of analysis, the principles of demand and cost, and the elements of economic efficien
Table of ContentsChapter 1: What Is Environmental Economics?
Chapter 2: The Economy and the Environment
Chapter 3: Benefits and Costs, Supply and Demand
Chapter 4: Markets, Externalities, and Public Goods
Chapter 5: The Economics of Environmental Quality
Chapter 6: Frameworks of Analysis
Chapter 7: Benefit–Cost Analysis: Benefits
Chapter 8: Benefit–Cost Analysis: Costs
Chapter 9: Criteria for Evaluating Environmental Policies
Chapter 10: Decentralized Policies: Liability Laws, Property Rights, Voluntary Action
Chapter 11: Command-and-Control Strategies: The Case of Standards
Chapter 12: Incentive-Based Strategies: Environmental Charges and Subsidies
Chapter 13: Incentive-Based Strategies: Market Trading Systems
Chapter 14: Federal Water Pollution– Control Policy
Chapter 15: Federal Air Pollution—Control Policy
Chapter 16: Federal Policy on Toxic and Hazardous Substances
Chapter 17: State and Local Environmental Issues
Chapter 18: Global Climate Change
Chapter 19: International Environmental Agreements
Chapter 20: Globalization
Chapter 21: Economic Development and the Environment