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The subject of environment economics has become an important focus of debate around the world with experts as well as ordinary citizens concluding that the environment and the economy can no longer be viewed as separate entities. As a result, contemporary environmental issues are increasingly seem from the point of view of their economics effects and their consequences for human well-being now and in the future. Environmental Economics provides a comprehensive introduction to the dynamic relationship between economics and environmental policy. The authors offer a broad overview of important issues, including the changing role of economics during a time of increasing environmental concern, the impact of markets and governmental policy, environmental protection through economic mechanisms, and a practical look at how environmental economics are played out in commercial and scientific arenas.
Economics of Natural Resources and the Environment brings together the approaches of natural resource economics and environmental economics to provide a comprhensive overview of the economics of national international and global environmental problems. A unifying theme throuhhout the book is the concept of "sustainable development" defined as "maximizing the net benefits of economic development while maintaining the services and quality of natural resources over time." The authors emphasize the continuing importance of a mainstream approach. They stress "economic efficiency—getting the most welfare out of a given endowment of resources." And they address the larger moral issues as well. Ch...
Blueprint 4 continues the theme of Blueprint 2 in looking at the opportunities for using market forces for environmental ends. It assesses a range of possible imaginative 'global bargains', which give all parties a self-interested incentive to improve the global environment. The book begins by reviewing the principle global issues to be addressed, and then explains the mechanisms of resource degradation: how economic systems fail, the operation of trade on the environment and the effects of population growth and consumption patterns. It then shows how environmental value can be captured, and the basis, means and institutions for doing so.
Economic valuation can help improve decisions about protecting the environment . By inputing values to unpriced goods, it can make public choices more cost-efficient and thus allow limited public income to be optimally spent.