Environmental issues are of fundamental importance, and a broad approach to understanding the relationship between the human economy and the natural world is essential. In a rapidly changing policy and scientific context, this new edition of Environmental and Natural Resource Economics reflects an updated perspective on modern environmental topics.
Now in its fifth edition, this textbook includes enhanced and updated material on energy, climate change, greening the economy, population, agriculture, forests and water—reflecting the greater urgency required to solve the big environmental problems in these areas. It introduces students to both standard environmental economics and the broader perspective of ecological economics, balancing analytical techniques of environmental economics topics with a global perspective on current ecological issues such as population growth, global climate change and "green" national income accounting.
Harris and Roach’s premise is that a pluralistic approach is essential to understand the complex nexus between the economy and the environment. This perspective, combined with its emphasis on real-world policies, is particularly appealing to both instructors and students. This is the ideal text for undergraduate classes on environmental, natural resource and ecological economics, and postgraduate courses on environmental and economic policy.
The companion website features PowerPoint materials and extended, chapter-specific discussion points.
Table of Contents
Chapter 1: Changing Perspectives on the Environment
Chapter 2: Resources, Environment, and Economic Development
Chapter 3: The Theory of Environmental Externalities
Chapter 4: Common Property Resources and Public Goods
Chapter 5: Resource Allocation Over Time
Chapter 6: Valuing the Environment
Chapter 7: Cost–Benefit Analysis
Chapter 8: Pollution: Analysis and Policy
Chapter 9: Ecological Economics: Basic Concepts
Chapter 10: National Income and Environmental Accounting
Chapter 11: Energy: The Great Transition
Chapter 12: Global Climate Change: Science and Economics
Chapter 13: Global Climate Change: Policy Responses
Chapter 14: Greening the Economy
Chapter 15: Population and the Environment
Chapter 16: Agriculture, Food, and Environment
Chapter 17: Nonrenewable Resources: Scarcity and Abundance
Chapter 18: Renewable Resource Use: Fisheries
Chapter 19: Forests and Land Management
Chapter 20: Water: Economics and Policy
Chapter 21: World Trade and the Environment
Chapter 22: Policies for Sustainable Development
Jonathan M. Harris is Senior Researcher at the Tufts University Global Development and Environment Institute and Senior Research Fellow at the Boston University Global Development Policy Center Economics in Context Initiative. His current research focuses on the implications of large-scale environmental problems, especially global climate change, for macroeconomic theory and policy.
Brian Roach is Director of the Theory and Education Program at the Tufts University Global Development and Environment Institute and Senior Research Fellow at the Boston University Global Development Policy Center Economics in Context Initiative. His work has focused on the valuation of natural resources, and he has taught environmental economics at the graduate and undergraduate levels.
"I think that you have written the perfect introductory text covering environmental and natural resource economics. The production is first-rate – very clear and uncluttered, excellent diagrams and examples, well thought out discussion questions and problems. The choice and sequence of topics is excellent and you have provided for the right balance between the neoclassical and ecological approaches. It is a most appealing text."
- Professor Steven Kemp, Curtin University, Australia
"The book is simply great! It is really one of a kind. It fills an important need in the field, which will become more and more important in the future, no doubt – integrating standard environmental economics and ecological economics. The book is very clear, very informative, flows very well, and indeed is written as a very interesting and fascinating story. The students like it. The additional materials that come with the book are also very good. In short, job well done!"
- Rafael Reuveny, School of Public and Environmental Affairs at Indiana University