Environmental Economics and Policy is a best-selling text for environmental economics courses. Offering a policy-oriented approach, it introduces economic theory, empirical fieldwork, and case studies that show how underlying economic principles provided the foundation for environmental policies.
Key features include:
This text will be of use to undergraduate students of economics. Students will leave the course with a global perspective of how environmental economics has played and can continue to play a role in promoting fair and efficient environmental management.
The text is fully supported with end-of-chapter summaries, discussion questions, and self-test exercises in the book. Additional online resources include references, as well as PowerPoint slides for each chapter.
"The authors transform masterfully the leading-edge of environmental economics research into language that is accessible, insightful and relevant to a broad audience. The book is an essential resource for all undergraduate environmental economics and environmental policy courses." – Assistant Professor Jacob Hochard, Department of Economics, East Carolina University.
"Lewis and Tietenberg provide a highly-relevant and up-to-date economics-based framework for evaluating environmental problems and policy solutions. In examining the most critical environmental issues of the day, the authors embrace a wide range of disciplinary-perspectives. This book is perfect for undergraduate economics students or graduate policy students." – Professor Sarah L. Stafford, Chair of the Department of Economics, William & Mary.
Section I. Economic Analysis: Options and Applications
1 The Role of Economics in Formulating and Implementing Policy
2 The Economic Approach: Property Rights, Externalities and Environmental Problems
3 The Role of Policy Instrument Choice in Efficient Environmental Management
4 Evaluating Trade-Offs: Benefit-Cost Analysis and Other Decision-Making Metrics
5 Valuing the Environment: Methods and Examples
Section II. Environmental Policy
6 Ecosystem Goods and Services: Nature’s Threatened Bounty
7 Fisheries Policy
8 Climate Change I: The Nature of the Challenge
9 Climate Change II: The Role of Energy Policy
10 Climate Change III: Carbon Pricing
11 Climate Change IV: Adaptation
12 Transportation: Managing Congestion and Local Pollution
13 Water: Managing Water Quality for Rivers, Lakes and Oceans
14 Toxics Policy and Environmental Justice
15 Meeting the Challenges: The Role of Economics