Economic Theory for EnvironmentalistsEconomic Theory for Environmentalists is a much-needed and heralded new book that examines the implications of neoclassical economic theory and how it relates to the environment and environmental activity. It addresses the ongoing conflict between market forces and environmental integrity and explains how neoclassical economic theory views the relationship between economic activity and the natural world. Each chapter outlines the concepts of economic theory and the relevance of its environmental and policy implications. It focuses on both micro and macro-economics. Policy tools such as price and income elasticities, consumer surplus and methods for measuring the economic value of environmental resources are discussed. A case study which examines a range of policy options is presented. Examples are also given throughout the text to illustrate regional and international policy questions. Presented in a simple and easy to understand manner, this valuable book is suited for anyone dealing with environmental, economic, or policy issues. |
Contents
III | 1 |
IV | 3 |
V | 5 |
VI | 7 |
VII | 9 |
IX | 12 |
X | 15 |
XII | 17 |
XLIX | 98 |
L | 102 |
LI | 104 |
LII | 107 |
LIII | 108 |
LIV | 111 |
LV | 113 |
LVI | 115 |
XIII | 22 |
XIV | 24 |
XV | 27 |
XVI | 33 |
XVII | 34 |
XVIII | 35 |
XIX | 37 |
XXI | 39 |
XXII | 42 |
XXIII | 46 |
XXIV | 48 |
XXV | 51 |
XXVI | 52 |
XXVII | 56 |
XXVIII | 57 |
XXX | 58 |
XXXI | 63 |
XXXII | 66 |
XXXIII | 71 |
XXXIV | 72 |
XXXV | 75 |
XXXVII | 76 |
XXXVIII | 78 |
XXXIX | 81 |
XL | 83 |
XLI | 86 |
XLII | 89 |
XLIII | 91 |
XLIV | 92 |
XLV | 95 |
XLVI | 96 |
XLVII | 97 |
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Common terms and phrases
additional unit allocation amount of beef assumptions beef and Brazil beef production Bertha biodiversity biophysical world Brazil nuts budget capital and labor Chapter concepts consumer theory consumption contract curve decisions demand curve Ecological Economics economic activity economic theory economic thought economists ecosystems Edgeworth box effect efficiency elasticity environment environmental policy equal equilibrium example externalities fertilization intensities Figure framework given impact income indifference curve initial distribution intervention failure isoquant Keynes marginal cost marginal product marginal rate marginal social costs market exchange market failure market structure maximize measure natural resources neoclassical economics neoclassical theory nitrate nomic optimality in production output level Pareto optimality perfect competition problem product price production costs production function production possibilities frontier productive inputs profit Quantity rate of substitution result shows slope social welfare function society supply sustainability tion trade units of beef Univ utility possibilities frontier valuation