This unique graduate textbook offers a compelling narrative of the growing field of environmental economics that integrates theory, policy, and empirical topics. Daniel J. Phaneuf and Till Requate present both traditional and emerging perspectives, incorporating cutting-edge research in a way that allows students to easily identify connections and common themes. Their comprehensive approach gives instructors the flexibility to cover a range of topics, including important issues - such as tax interaction, environmental liability rules, modern treatments of incomplete information, technology adoption and innovation, and international environmental problems - that are not discussed in other graduate-levels texts. Numerous data-based examples and end-of-chapter exercises show students how theoretical and applied research findings are complementary, and will enable them to develop skills and interests in all areas of the field. Additional data sets and exercises can be accessed online, providing ample opportunity for practice. For more information, visit the book's website at http://phaneuf-requate.com/.

An innovative new application of geographical information systems (GIS) to environmental economics.

How can we design environmental policy that achieves ambitious ecological goals without burdening society with excessive costs? How can effective international agreements, for example, on global warming, be designed? This textbook discusses issues such as these in an intelligible manner for students. The book uses little mathematical analysis, relying on verbal and graphical analysis.

A comprehensive dictionary of environmental economics, compiled by leading academics in the field. Each expression or phrase is explained clearly in non-technical language, with references given to its use in the growing literature on the subject area. From abatement to zonal travel cost method (ZTCM), there are over 1000 cross-referenced entries covering topics such as: environmental instruments for policy-making, techniques applied in environmental and natural resource economics, major issues in environmental economics and environmental management, economics of sustainable development, natural resource accounting, and international environmental agreements. As well as providing incisive answers to questions such as 'What is natural capital?' or 'when are crowding diseconomies important?', the dictionary includes a list of commonly used acronyms and abbreviations, and a complete bibliography detailing the major texts in the field is provided.

Now in its 4th Edition, this book is a comprehensive and contemporary analysis of the major areas of natural resource and environmental economics. All chapters have been 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 has been written primarily for the specialist market of second and third year undergraduate and postgraduate students of economics. The full text downloaded to your computer With eBooks you can: search for key concepts, words and phrases make highlights and notes as you study share your notes with friends eBooks are downloaded to your computer and accessible either offline through the Bookshelf (available as a free download), available online and also via the iPad and Android apps. Upon purchase, you'll gain instant access to this eBook. Time limit The eBooks products do not have an expiry date. You will continue to access your digital ebook products whilst you have your Bookshelf installed.

This book presents a series of lectures on applied environmental economics and policy covering the following issues: environmental cost-benefit analysis; ecosystem services; ecosystems biodiversity and the economy; and sustainability.The first part introduces basic concepts in environmental cost-benefit analysis and explains in detail the choice of the discount rate. Distributional issues and assessment of risk involved in decision-making criteria, using tools such as sensitivity analysis and Monte Carlo simulations, are discussed.The second part of the lectures deals with ecosystem services and analyzes the concepts of total economic value and quasi-option value. It presents the two landmark global initiatives on ecosystem services: the Millennium Ecosystem Assessment and the Economics of Ecosystems and Biodiversity. The various methods and approaches for valuing ecosystem services, using revealed and stated preference valuation methods along with their advantages and disadvantages, are explored.In the third part, the links between ecological and economic systems are explored along with the economics of biodiversity where biodiversity-related issues such as metrics, valuation, conservation, and policy design are discussed.The fourth and final part of the lectures deals with sustainability. It covers issues related to measuring sustainable development at the macro level, along with corporate sustainability, and takes a brief look at environmental, social and governance (ESG) reporting.

The text presents a broad study of environmental issues and explores economic theories to reinforce the lessons. Offering a long-lasting understanding of real-world environmental problems and policy solutions, this work provides a foundation for the environmental managers of tomorrow.