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Environmental economics : concepts, methods and policies / Dodo J. Thampapillai and Matthias Ruth.

By: Thampapillai, Dodo J [author.]Contributor(s): Ruth, Matthias [author.]Material type: TextTextPublisher: Abingdon, Oxon ; New York, NY : Routledge, 2019Description: 1 online resourceContent type: text Media type: computer Carrier type: online resourceISBN: 1315163241; 9781351670593; 135167059X; 9781351670586; 1351670581; 9781351670609; 1351670603; 9781315163246Subject(s): Environmental economics | Economic development -- Environmental aspects | BUSINESS & ECONOMICS / Development / Sustainable Development | NATURE / Ecology | POLITICAL SCIENCE / Public Policy / Environmental PolicyDDC classification: 333.7 LOC classification: HD75.6Online resources: Taylor & Francis | OCLC metadata license agreement
Contents:
Cover; Half Title; Title; Copyright; Contents; List of figures; List of boxes; List of tables; Preface; Acknowledgements; PART I The environment and the economy; 1 The environment and economics; 2 The economic system revised; PART II Microeconomics and the environment; 3 The market model and its failure; 4 Public goods and externalities; 5 Economics of renewable and non-renewable resources; 6 Economics of non-renewable resources with renewable services; 7 Consumer demand and the environment; 8 Production, costs, supply, and environmental capital; 9 Market organisation and the environment
PART III Macroeconomics and the environment10 Some important concepts in macroeconomics; 11 Environmental capital: investment and depreciation; 12 Environmental macroeconomics: short-run analysis I; 13 Environmental macroeconomics: short-run analysis II; 14 Environmental macroeconomics: long-run analysis; 15 International trade and globalisation; PART IV Valuation; 16 Valuation of environmental capital: microeconomic basis; 17 Valuation of environmental capital: macroeconomic basis -- I; 18 Valuation of environmental capital: macroeconomic basis -- II; PART V Policy; 19 Environmental policies
Summary: Environmental Economics explores the ways in which economic theory and its applications, as practised and taught today, must be modified to explicitly accommodate the goal of sustainability and the vital role played by environmental capital. Pivoting around the first and second laws of thermodynamics, as well as the principles of ecological resilience, this book is divided into five key parts, which includes extensive coverage of environmental microeconomics and macroeconomics. It drills down into issues and challenges including consumer demand; production and supply; market organisation; renewable and non-renewable resources; environmental valuation; macroeconomic stabilisation, and international trade and globalisation. Drawing on case studies from forestry, water, soil, air quality, and mining, this book will equip readers with skills that enable the analyses of environmental and economic policy issues with a specific focus on the sustainability of the economy. Rich in pedagogical features, including key concepts boxes and review questions at the end of each chapter, this book will be a vital resource for upperlevel undergraduate and postgraduate students studying not only environmental economics/ecological economics but also economics in general.
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Includes index.

Environmental Economics explores the ways in which economic theory and its applications, as practised and taught today, must be modified to explicitly accommodate the goal of sustainability and the vital role played by environmental capital. Pivoting around the first and second laws of thermodynamics, as well as the principles of ecological resilience, this book is divided into five key parts, which includes extensive coverage of environmental microeconomics and macroeconomics. It drills down into issues and challenges including consumer demand; production and supply; market organisation; renewable and non-renewable resources; environmental valuation; macroeconomic stabilisation, and international trade and globalisation. Drawing on case studies from forestry, water, soil, air quality, and mining, this book will equip readers with skills that enable the analyses of environmental and economic policy issues with a specific focus on the sustainability of the economy. Rich in pedagogical features, including key concepts boxes and review questions at the end of each chapter, this book will be a vital resource for upperlevel undergraduate and postgraduate students studying not only environmental economics/ecological economics but also economics in general.

Cover; Half Title; Title; Copyright; Contents; List of figures; List of boxes; List of tables; Preface; Acknowledgements; PART I The environment and the economy; 1 The environment and economics; 2 The economic system revised; PART II Microeconomics and the environment; 3 The market model and its failure; 4 Public goods and externalities; 5 Economics of renewable and non-renewable resources; 6 Economics of non-renewable resources with renewable services; 7 Consumer demand and the environment; 8 Production, costs, supply, and environmental capital; 9 Market organisation and the environment

PART III Macroeconomics and the environment10 Some important concepts in macroeconomics; 11 Environmental capital: investment and depreciation; 12 Environmental macroeconomics: short-run analysis I; 13 Environmental macroeconomics: short-run analysis II; 14 Environmental macroeconomics: long-run analysis; 15 International trade and globalisation; PART IV Valuation; 16 Valuation of environmental capital: microeconomic basis; 17 Valuation of environmental capital: macroeconomic basis -- I; 18 Valuation of environmental capital: macroeconomic basis -- II; PART V Policy; 19 Environmental policies

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