Surpassing other natural resource and environmental economics texts available today, this completely updated version of Alan Randall’s classic Resource Economics provides strong connections between environmental problems, economic theory and the techniques used to evaluate alternative solutions and practical public policy options for sustaining environmental longevity. This book provides a rigorous but very readable introduction to economics theory before delving into the relationship between economic growth and the primary natural resource and environmental problems associated with this growth, namely scarcity and environmental degradation. The text offers both classic and new economic solutions to the vexing contemporary natural resource and environmental problems that nations worldwide are combating.
Contents: Preface Part I: Natural Resource and Environmental Policy and Natural Resource Supply and Scarcity Part II: Microeconomic Theory Foundations for Production and Consumption Part III: Economic Theory and Institutions for Public Policy Part IV: Measuring and Comparing Benefits and Costs of Natural Resource and Environmental Policy and Projects Part V: Optimal Management of Non-renewable and Renewable Resources Part VI: The Economics of Air, Land, and Water Resource Use and Policy Part VII: Environmental Ethics, Resource Conservation and Sustainability, and the Future Index
Surpassing other natural resource and environmental economics texts available today, this completely updated version of Alan Randall’s classic Resource Economics provides strong connections between environmental problems, economic theory and the techniques used to evaluate alternative solutions and practical public policy options for sustaining environmental longevity. This book provides a rigorous but very readable introduction to economics theory before delving into the relationship between economic growth and the primary natural resource and environmental problems associated with this growth, namely scarcity and environmental degradation. The text offers both classic and new economic solutions to the vexing contemporary natural resource and environmental problems that nations worldwide are combating.