Now in its fourth edition, Natural Resources and Environmental Economics, provides comprehensive and contemporary analysis of the major areas of natural resource and environmental economics.
All chapters have been fully updated in light of new developments and changes in the subject, and provide a balance of theory, applications and examples to give a rigorous grounding in the economic analysis of the resource and environmental issues that are increasingly prominent policy concerns.
This text is suitable for second and third year undergraduate and postgraduate students of economics.
Roger Perman is Senior Lecturer in Economics, Strathclyde University. His major research interests and publications are in the field of applied econometrics and environmental economics. Michael Common is Professor in the Graduate School of Environmental Studies at Strathclyde University. His major research interests are the development of ecological economics and policies for sustainability. Yue Ma is Associate Professor in Economics, Lingnan University, Hong Kong, and Adjunct Professor of Lingnan College, Zhongshan University, China. His major research interests are international banking and finance, as well as environmental economics for developing countries. David Maddison is Professor of Economics at the University of Birmingham The late James McGilvray was Professor of Economics at Strathclyde University. He made important contributions in the fields of input-output analysis, social accounting and economic statistics, and to the study of the economics of transition in Central and Eastern Europe.
Chapter 1: An introduction to natural resource and environmental economics Chapter 2: The origins of the sustainability problem Chapter 3: Ethics, economics and the environment Chapter 4: Welfare economics and the environment Chapter 5: Pollution control: targets Chapter 6: Pollution control: instruments Chapter 7: Pollution policy with imperfect information Chapter 8: Economy-wide modelling Chapter 9: International environmental problems Chapter 10: Trade and the Environment Chapter 11: Cost-benefit analysis Chapter 12: Valuing the environment Chapter 13: Irreversibility, risk and uncertainty Chapter 14: The efficient and optimal use of natural resources Chapter 15: The theory of optimal resource extraction: non-renewable resources Chapter 16: Stock pollution problems Chapter 17: Renewable resources Chapter 18: Forest resources Chapter 19: Accounting for the environment