The Economics and Business of Sustainability  book cover
1st Edition

The Economics and Business of Sustainability

  • Available for pre-order. Item will ship after September 27, 2021
ISBN 9780367773090
September 27, 2021 Forthcoming by Routledge
352 Pages 134 B/W Illustrations

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Book Description

Given the emergence of sustainability as the defining issue of our time, it is essential for university graduates, and especially business and economics students, to have a fundamental grasp of the key issues in this emerging multidisciplinary field of study.

Nemetz provides a comprehensive, detailed overview of the interlinked economic and ecological concepts central to this new discipline. Accompanying the introduction of the underlying theory is a broad array of real-world supporting data from Asia, Europe and North America. This volume also features a chapter on the threat of emerging pandemics and their significance for the achievement of a truly sustainable world.

This book accentuates the value and importance of a strong sustainability approach in an age of climate change emergency. It is an ideal companion for instructors and students of sustainability in business, economics, and related disciplines such as geography and political science.

Table of Contents


Chapter 1: Book Outline, Rationale and Context

Chapter 2: A brief historical overview of economic development and the environment – Part 1 Pre and Post Agricultural Revolution

Chapter 3: A brief historical overview of economic development and the environment – Part 2 The Industrial Revolution and Sequel

Appendix: A Primer on Input-Output Analysis

Chapter 4: What Are We Trying to Achieve? Measuring Wealth and Well-being

Appendix One: The World Bank’s Calculation of Total Wealth

Appendix Two: Well-being indicator variables used by the OECD

Chapter 5: An Overview of Environmental Economics

Appendix One: Case Study of Sulfur Dioxide Trading the U.S.

Appendix Two: The TRI and its Effects

Chapter 6: Cost-Benefit Analysis and Measuring Environmental Benefits

Appendix One: Applying Evaluation Methodology – Case Study of the U.S Clean Air Act

Appendix Two: Placing a Value on Ecosystem Services – Case Study of New York City’s Water Supply

Appendix Three: A Brief Overview of Multi-Attribute Decision Making

Chapter 7: Placing a Value on Human Life

Appendix: Philip Morris’ Report to the Government of Czechoslovakia

Chapter 8: Some Relevant Ecological Principles

Chapter 9: An Outline of Ecological Economics

Appendix One: Valuing Ecosystem Services of North America’s Boreal Forest

Appendix Two: Case Study of Thai Shrimp Farming

Chapter 10: Risk Analysis and the Precautionary Principle

Appendix One: Two classic examples of the framing of risk

Appendix Two: The Precautionary Principle and Global Warming

Chapter 11: Pandemics and Sustainability

Chapter 12: The Path Ahead

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Peter N. Nemetz is a Professor of Strategy and Business Economics at The University of British Colombia, Canada.