The aim of this book is to provide an introduction to environmental and natural resource issues and to describe economic theories and methods used by experts working in the field.Case Studies Comprehensive treatment of a wide range of environmental and natural resource issues.A real life introduction to each chapter engages the reader in the application of the topic at hand.Unique chapter on environmental justice. Consultants or other professionals who works with economic analysis of environmental policy.
Table of Contents
1. Approaching Economics
2. Economic Thinking
3. Economic Theory
4. Institutional Breakdown
5. Decision Support for Environmental Policy
6. The Discount Rate
7. Valuing the Environment
8. Forests
9. Rangelands
10. Water
11. Food
12. Fisheries
13. Energy
14. Population
15. Climate Change
16. Environmental Quality and Pollution
17. Environmental Risk
18. Environmental Justice
19. Sustainable Development
Appendix A. Supply and Demand Mathematics
Appendix B. Total Benefit, Marginal Benefit, and Consumer Surplus
Appendix C. Use of Programming Methods to Value Public Actions
Appendix D. Improving Cost-Effectiveness of Environmental Programs
Appendix E. Preferences, Demand, and Benefits
Appendix F. Incentive Compatibility in Contingent Valuation Studies
Appendix G. Critiques of Contingent Valuation
Appendix H. Infinite Time Horizons and Forest Rotation Analysis
Appendix I. Dynamic Efficiency for a Depletable Resource
Glossary.
Index.
