Description - Environmental and Resource Economics by Michael Common
Common: Environmental & Resource Economics: an introduction 2EReviews of First Edition'The whole text is written in a clear, concise style with useful examples and extensive references.' Environment and Planning'A thorough text ...illustrative case studies help to illuminate the text and give it a welcome sense of reality.' The EnvironmentalistNow available in an updated second edition Environmental and Resource Economics provides a careful and rigorous yet accessible introductory survey of the contribution of economic analysis to an understanding of the relationship between economic activity and the natural environment. Key changes to the second edition:? Addition of entirely new chapter on sustainability, providing extensive discussion of key issues such as poverty and growth,green national income accounting, biodiversity and the greenhouse effect ? Inclusion of new material on the environment and trade ? Contains a new section on risk and uncertainty, and a revised and extended discussion on the valuation of non-marketed environmental services?
All commentary sections have been updated Assuming little prior knowledge of economics and making use of no mathematics beyond simple algebra, the book provides an authoritative introduction to the subject for students on interdisciplinary environmental science courses, as well as for students majoring in economics.The author: Michael Common is Senior Fellow at the Centre for Resource and Environmental Studies, Australia National University, Canberra. He has published numerous articles on environmental and resource economics and is the author of Sustainability and Policy (Cambridge University Press, 1995).
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