Environmental Economics

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Author: Barry C. Field

ISBN-10: 0073375764

ISBN-13: 9780073375762

Category: Economic Development

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...

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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. Booknews For readers with no background in the field, presents the major principles of economics in a commonsense but rigorous manner and provides some examples of how they have been applied to issues of environmental quality. The topics include analytical tools, environmental and policy analysis, and international issues. Annotation c. Book News, Inc., Portland, OR (booknews.com)

PrefaceSect. 1Introduction11What Is Environmental Economics?32The Economy and the Environment23Sect. 2Analytical Tools433Benefits and Costs, Supply and Demand454Economic Efficiency and Markets665The Economics of Environmental Quality86Sect. 3Environmental Analysis1116Frameworks of Analysis1137Benefit-Cost Analysis: Benefits1378Benefit-Cost Analysis: Costs160Sect. 4Environmental Policy Analysis1819Criteria for Evaluating Environmental Policies18310Decentralized Policies: Liability Laws, Property Rights, Voluntary Action19411Command-and-Control Strategies: The Case of Standards21212Incentive-Based Strategies: Emission Charges and Subsidies23313Incentive-Based Strategies: Transferable Discharge Permits257Sect. 5Environmental Policy in the United States27314Federal Water Pollution-Control Policy27515Federal Air Pollution-Control Policy30316Federal Policy on Toxic and Hazardous Substances33217State and Local Environmental Issues363Sect. 6International Environmental Issues38918Environmental Issues in Other Industrialized Countries39119Economic Development and the Environment41220The Global Environment43621International Environmental Agreements462App: Abbreviations and Acronyms Used in the Book483Name Index485Subject Index493

\ BooknewsFor readers with no background in the field, presents the major principles of economics in a commonsense but rigorous manner and provides some examples of how they have been applied to issues of environmental quality. The topics include analytical tools, environmental and policy analysis, and international issues. Annotation c. Book News, Inc., Portland, OR (booknews.com)\ \