Title
Markets and the Environment, Second Edition (Foundations of Contemporary Environmental Studies Series),New
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A clear grasp of economics is essential to understanding why environmental problems arise and how we can address them. So it is with good reason that Markets and the Environment has become a classic text in environmental studies since its first publication in 2007. Now thoroughly revised with updated information on current environmental policy and realworld examples of marketbased instruments, the primer is more relevant than ever.The authors provide a concise yet thorough introduction to the economic theory of environmental policy and natural resource management. They begin with an overview of environmental economics before exploring topics including costbenefit analysis, market failures and successes, and economic growth and sustainability. Readers of the first edition will notice new analysis of cost estimation as well as specific market instruments, including municipal water pricing and waste disposal. Particular attention is paid to behavioral economics and capandtrade programs for carbon.Throughout, Markets and the Environment is written in an accessible, studentfriendly style. It includes study questions for each chapter, as well as clear figures and relatable text boxes. The authors have long understood the need for a book to bridge the gap between short articles on environmental economics and tomes filled with complex algebra. Markets and the Environment makes clear how economics influences policy, the world around us, and our own lives.
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- Q: What is the main focus of 'Markets and the Environment, Second Edition'? A: The book primarily focuses on the economic theory related to environmental policy and natural resource management, addressing how economic principles can help understand and solve environmental issues.
- Q: Who is the author of this book? A: The author of 'Markets and the Environment, Second Edition' is Mr. Nathaniel O. Keohane.
- Q: When was the second edition published? A: The second edition was published on January 5, 2016.
- Q: What type of binding does this book have? A: This book is available in paperback binding.
- Q: How many pages does 'Markets and the Environment, Second Edition' contain? A: The book contains a total of 328 pages.
- Q: Is this book suitable for students? A: Yes, the book is written in an accessible, student-friendly style and includes study questions for each chapter.
- Q: What topics are covered in the book? A: The book covers various topics such as cost-benefit analysis, market failures, economic growth, sustainability, behavioral economics, and cap-and-trade programs for carbon.
- Q: Does the book include real-world examples? A: Yes, the book includes updated information on current environmental policy and real-world examples of market-based instruments.
- Q: Is there a focus on behavioral economics in this edition? A: Yes, particular attention is given to behavioral economics in the second edition.
- Q: What makes this book a classic in environmental studies? A: It has become a classic due to its clear grasp of economics as it relates to environmental issues, making complex concepts accessible to a wider audience.