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Principles of environmental economics : economics, ecology and public policy

Author: Ahmed M Hussen
Publisher: London ; New York, N.Y. : Routledge, 2000.
Edition/Format:   Print book : EnglishView all editions and formats

This text offers an systematic exposition of environmental and natural resource economics. It considers a variety of real world examples to illustrate the policy relevance and implications of key  Read more...


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Document Type: Book
All Authors / Contributors: Ahmed M Hussen
ISBN: 0415195713 9780415195713
OCLC Number: 797722851
Description: XXXI, 431 p. : graf., tab. ; 25 cm
Contents: Acknowledgment; List of Case Studies; List of Exhibits; List of Tables; Preface; Introduction Part I The "Preanalytic" Vision of Natural Resources: The Standard Economic Perspective Chapter 1 The Concept of Resources and Resource Scarcity: An Economic Perspective: Learning Objectives 1.1 Introduction; 1.2 The Concept of Resources; 1.3 Scarcity and Its Economic Implications; 1.4 A Schematic View of the Economic Process; 1.5 Applying the Concepts: Ecotourism, Cattle Ranching and the Economic of Costa Rica; 1.6Chapter Summary; Review and Discussion Questions Part II Markets, Efficiency, Technology, and Alternative Economic Indicators of Natural Resource Scarcity Chapter 2 Resource Scarcity, Economic Efficiency and Markets: How the Invisible Hand Works Learning Objectives; 2.1 Introduction; 2.2 Basic Assumptions; 2.3 An Interpretative Analysis of Demand, Supply and Market Equilibrium Price; 2.4 Evaluating the Performance of a Perfectly Competitive Market Economy; 2.4-1 Consumer Surplus; 2.4-2 Producer Surplus and Net Social Benefit; 2.4-3 Pareto Optimality and the Invisible Hand Theorem; 2.5 Product Price as a Measure of Resource Scarcity; 2.6 Chapter Summary; Review and Discussion Questions Chapter 3 Market Signals of Natural Resource Scarcity: Resource Price, Rent, and Extraction Cost Learning Objectives; 3.1 Introduction; 3.2 The Demand for a Factor of Production: The Case of Natural Resources; 3.3 Key Variables Affecting the Supply of a Factor of Production: The Case of Natural Resources; 3.4 Long-run Market Valuation of a Factor of Production; 3.5 Rent and Extraction Cost an Alternative Measures of Natural Resource Scarcity; 3.5-1 Differential Rent Extraction Cost; 3.6 Factor Substitution Possibilities, Technological Changes and Resource Scarcity; 3.7 Important Caveats 3.8 Chapter Summary; Review and Discussion Questions Part III Ecology: The Economics of Nature Chapter 4 The Concept of Natural Resources: An Ecological Perspective Learning Objectives; 4.1 Introduction; 4.2 Ecosystems Structure; 4.3 Ecosystem Function; 4.3-1 Material Recycling; 4.3-2 Succession, Equilibrium, Stability, Resilience and Complexity; 4.4 The Laws of Matter and Energy; 4.5 The Basic Lessons of Ecology; 4.6 Humanity as the Breaker of Climaxes; 4.7 Chapter Summary; Review and Discussion Questions Part IV Fundamentals of the Economics of Environmental ResourcesChapter 5 Markets, Externality, and the Optimal Trade-Offs between Environmental Quality and Environmental Goods Learning Objectives; 5.1 Introduction; 5.2 The Economic Process and the Assimilative Capacity of the Natural Environment; 5.3 Common Property Resources, External Costs and Market Failure; 5.3-1 Common Property Resources and the Economic Problem; 5.3-2 Environmental Externalities and Their Economic Consequences; 5.4 Internalizing Externality Using the Pigouvian Tax Approach; 5.5 The Macroeconomic Effects of Environmental Regulations: An overvi
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<strong>"This is a logically organized, well written text." -</strong> <em>Douglas E. Booth, Marquette University</em>

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