Table of Contents

1. The Natural Environment and the Human Economy: The Neoclassical Economic Perspective 2. The Natural Environment and the Human Economy: An Ecological Perspective 3. Fundamentals of the Economics of Environmental Resources: The "Optimal" Trade-Off between Environmental Quality and Economic Goods 4. The Economic Theory of Pollution Control: The "Optimal" Level of Pollution 5. The Economics of Environmental Regulations: Regulating the Environment through Judicial Procedures 6. The Economics of Environmental Regulations: Pollution Tax and Transferable Emission Permits 7. Economic Valuation of Environmental Benefits
8. A Framework for assessing the worthiness of an Environmental Project: Cost Benefit Analysis 9. Biophysical Limits to Economic Growth: The Malthusian Perspective 10. Biophysical Limits to Economic Growth: The Neoclassical Economic Perspective 11. Biophysical Limits to Economic Growth: The Ecological Economic Perspective 12. The Economics of Sustainable Development 13. Population, Development, and Environmental Degradation in the Developing World Appendix: Basic Elements of the Market Economy: How the Invisible Hand Works