6th Edition

Environmental Economics and Natural Resource Management

By David A. Anderson Copyright 2025
    498 Pages 169 Color Illustrations
    by Routledge

    498 Pages 169 Color Illustrations
    by Routledge

    The tools of environmental economics guide policymakers as they weigh development against nature, present against future, and certain benefits against uncertain consequences. The policies and research findings explained in this textbook are relevant to decisions made daily by individuals, firms, and governments. This textbook offers instructors and students a user-friendly, relevant, and up-to-date introduction to these topics while covering recent advancements in the field and significant political and economic changes.

    The book has been thoroughly updated while retaining the story-based narratives and visual emphasis of previous editions, capturing students’ attention with full-color photos, graphs, and illustrations. This sixth edition includes:

    • Updated coverage of international environmental regulations, the effects of the COVID-19 pandemic on the environment, the effects of war on the environment, recent environmental summits and agreements, the evolving energy and transportation sectors, and trailblazing policies and research
    • Expanded coverage of environmental issues and approaches in underrepresented countries and continents
    • New discussions of EV batteries, populist leaders, carbon leakage, food waste, and ecological resilience
    • Revised digital supplements, including a solutions guide, PowerPoints, and sample tests.

    Environmental Economics and Natural Resource Management promotes environmental and economic literacy with policy-oriented, application-based content delivered in concise, accessible discussions. Through its engaging approach, the text brings the economic way of thinking into discussions of personal, community, corporate, and government activities that affect environmental assets and the quality of life.

    1. The Big Picture 2. Efficiency and Choice 3. Market Failure 4. The Role of Government 5. Trade-Offs and the Economy 6. Environmental Quality 7. Energy 8. Sustainability 9. Population, Poverty, and Economic Growth 10. Biodiversity and Valuation 11. International and Global Issues 12. Perspectives on Environmental Policy 13. Natural Resource Management: Renewable Resources 14. Natural Resource Management: Depletable and Replenishable Resources 15. Environmental Dispute Resolution 16. Morals and Motivation

    Biography

    David A. Anderson is the Paul G. Blazer Professor of Economics at Centre College, Kentucky, USA. He received a BA from the University of Michigan, an MA and PhD from Duke University, and a Graduate Certificate in Innovation and Entrepreneurship from the Harvard Extension School. Dr Anderson’s research focuses on the economics of the environment, law, crime, dispute resolution, and public policy.

    “This book provides a nice backdrop to the material I choose to present in lectures. It also provides a nice roadmap for choosing which topics to cover and when to cover them. It is well-written and well-researched. Highly recommended.”

    Arthur J. Caplan, Utah State University, USA

    “I just wanted to let you know how much I enjoy using this text in my environmental economics class.  The book works very well for my students, who are a mix of economics and environmental science majors. The material is accessible enough for the non-majors yet challenging enough for the majors.  I also appreciate the way the author addresses the normative issues central to environmental economics using the framework of economic analysis.”

    Margaret A. Ray, Instructional Associate Professor, Department of Economics, Texas A&M University, USA

    “Anderson’s book is just enough of a challenge for my students as it does not overwhelm them with models or policy prescriptions. Instead, this book treats environmental economics as an interdisciplinary endeavor which makes it a perfect fit for my community college students.”

    Paul Briggs, Professor (Economics), Windward Community College, USA