Environmental & Natural Resources Economics: International Edition (9e)

Tom Tietenberg

Lynne Lewis

Title Environmental & Natural Resources Economics: International Edition

Edition 9th

ISBN 9780132843003

ISBN 10 0132843005

Published 15/08/2011

Published by Pearson Higher Ed USA

Pages 696

Format Paperback

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Description

Environmental & Natural Resource Economics is the best-selling text for this course, offering a policy-oriented approach and introducing economic theory in the context of debates and empirical work from the field. Students leave the course with a global perspective of both environmental and natural resource economics.

Brief Table of Contents:

Visions of the Future
The Economic Approach: Property Rights, Externalities and Environmental Problems
Evaluating Trade-offs: Benefit-Cost Analysis and other Decision-Making Metrics
Valuing the Environment: Methods
Dynamic Efficiency and Sustainable Development
Depletable Resource Allocation: The Role of Longer Time Horizons, Substitutes and Extraction Cost
Energy: The Transition from Depletable to Renewable Resources
Recyclable Resources: Minerals, Paper, Bottles, and E-Waste
Replenishable but Depletable Resources: Water
A Locationally Fixed, Multipurpose Resource: Land
Reproducible Private-Property Resources: Agriculture and Food Security
Storable, Renewable Resources: Forests
Common-Pool Resources: Fisheries and Other Commercially Valuable Species
Economics of Pollution Control: An Overview
Stationary-Source Local and Regional Air Pollution
Climate Change
Mobile-Source Air Pollution
Water Pollution
Toxic Substances and Environmental Justice
The Quest for Sustainable Development
Population and Development
Visions of the Future Revisited

New to this edition

In the ninth edition of Environmental & Natural Resource Economics, Tom Tietenberg and Lynne Lewis emphasize a theme of sustainability with a new chapter focused exclusively on climate change, as well as all new debates, examples, and economic studies.

New to This Edition

More than 30 New or Expanded Topics:
- Oil and gas derived from shale
- The UN's REDD program
- The BP/Deepwater horizon oil spill in the Gulf of Mexico
- Cash for clunkers
- Taxes vs. Allowances in the presence of uncertainty
- And many more...
At least 12 New Examples or Debates:
- Experimental Economics: Studying Human Behavior in a Laboratory
- Fuel from Shale, the Bakken Formation
- Feed-in Tarrifs
- The Car Allowance Rebate System: Did it Work?
- And many more...

More Self-Test Exercises & Updates

Many users have asked for new self-test exercises (numerical problems, graphical manipulations and word problems) for students.
The authors have updated data tables, included recent economic studies and combined the toxic substances and environmental justice chapters into one.
In addition, Climate Change now has its own chapter!

Features & benefits

International coverage is woven throughout, with significant attention given to environmental problems and policies in Eastern and Western Europe, China, and developing nations.
Debate boxes spark discussion about real issues in the field today, including the debates over wind power and ecotourism.
Example boxes provide crucial real-world context for economic theory, touching on topics such as hazardous pollutant emissions from iron and steel foundries.
Intertemporal optimization is handled within a discrete-time, mathematical programming framework, and all mathematics beyond simple algebra are relegated to appendixes. Graphs and numerical examples are used to provide an intuitive understanding of the principles suggested by the math and the reasons for their validity.
Flexible organization allows instructors to fit individual course outlines:

A course in natural resource economics might cover Chapters 1 to 14 and 22 to 24. A brief introduction to environmental economics could be added by assigning Chapter 15.
A course in environmental economics could cover Chapters 1 to 5 or 15 to 21. Chapter 7 could be added if a brief introduction to natural economics seems desirable.