"Offers readers a seamless integration of static and dynamic economic insights for environmental and resources problems; an eminently readable explanation for why economics is central to designing sustainable environmental policies; and a template for understanding the front page environmental issues in the news daily. This is the freshest new textbook we have had in the field of environmental and resource economics for some time."--V. Kerry Smith "W. P. Carey Professor of Economics, Arizona State University "Vom Verlag:
"Markets and the Environment" is a concise yet comprehensive introduction to a topic of central importance in understanding a wide range of environmental issues and policy approaches. It offers a clear overview of the fundamentals of environmental economics that will enable students and professionals to quickly grasp important concepts and to apply those concepts to real-world environmental problems. In addition, the book integrates normative, policy, and institutional issues at a principles level. The chapters examine: the benefits and costs of environmental protection; markets and market failure; natural resources as capital assets; and, sustainability and economic development. "Markets and the Environment" is the second volume in the "Foundations of Contemporary Environmental Studies Series", edited by James Gustave Speth. The series presents concise guides to essential subjects in the environmental curriculum, incorporating a problem-based approach to teaching and learning.
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