Environmental & Natural Resource Economics is the best-selling text for this course, offering a policy-oriented
approach and introducing economic theory in the context of debates and empirical work from the field. Students
leave the course with a global perspective of both environmental and natural resource economics.
Table of Contents
Brief Table of Contents:
Visions of the Future
The Economic Approach: Property Rights, Externalities and Environmental Problems
Evaluating Trade-offs: Benefit-Cost Analysis and other Decision-Making Metrics
Valuing the Environment: Methods
Dynamic Efficiency and Sustainable Development
Depletable Resource Allocation: The Role of Longer Time Horizons, Substitutes and Extraction Cost
Energy: The Transition from Depletable to Renewable Resources
Recyclable Resources: Minerals, Paper, Bottles, and E-Waste
Replenishable but Depletable Resources: Water
A Locationally Fixed, Multipurpose Resource: Land
Reproducible Private-Property Resources: Agriculture and Food Security
Storable, Renewable Resources: Forests
Common-Pool Resources: Fisheries and Other Commercially Valuable Species
Economics of Pollution Control: An Overview
Stationary-Source Local and Regional Air Pollution
Climate Change
Mobile-Source Air Pollution
Water Pollution
Toxic Substances and Environmental Justice
The Quest for Sustainable Development
Population and Development
Visions of the Future Revisited
