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Economics of Environmental Quality 2ND Edition

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Economics of Environmental Quality 2ND Edition Cover

 

Synopses & Reviews

Publisher Comments:

An introduction to the economics of the environment, it provides a coherent chain of theoretical and empirical reasoning on environmental problems and measures to control them and reduce their severity. It equips the reader with the basic tools needed to assess the economic damage caused by materials discharged to air, water, and other environmental media.

The all-new Chapter 2 in this edition makes the text more accessible by applying the basic elements of microeconomics analysis to environmental issues: supply and demand for ordinary and environmental goods, emphasizing both similarities and differences; also market failure, public goods, property rights, the "free rider" problem, and externalities. A section on hazardous substances has been added along with a discussion of the latest environmental alternative reforms. The book now ends with a new chapter on the prospects for environmental economics.

In Part I, the authors establish a theoretical base for the material in subsequent sections. They review key elements of microeconomic theory and extend them to include polluting discharges. Principles of welfare economics, of market failure from externalities, and of benefit-cost analysis receive careful exposition. They are then applied to alternative government programs such as effluent fees, subsidies, and regulation designed to optimize resource allocation in the presence of externalities.

Part II draws together technical data on water, air, and solid-waste discharges. Sources, amounts, damages, abatement techniques, and benefit-cost calculations are pollutants. The final section deals with pollution-control programs now in effect, proposals for new policies, and future role of environmental economics.

Synopsis:

This new edition expands on the first edition by adding more illustrative examples, incorporating the latest data and information on environmental quality, and broadening and somewhat simplifying the analytical material.

Product Details

ISBN:
9780393952704
Author:
Mills, Edwin S.
Author:
Graves, Philip E.
Author:
Mills, Edwin S.
Publisher:
W. W. Norton & Company
Location:
New York :
Subject:
General
Subject:
Environmental policy
Subject:
Microeconomics
Subject:
Natural Resources
Subject:
Engineering - Environmental
Subject:
Environmental engineering
Subject:
Pollution
Subject:
Pollution -- Economic aspects.
Subject:
Environmental policy -- United States.
Subject:
Environmental Studies-Environment
Edition Number:
2
Edition Description:
Second Edition
Publication Date:
19860231
Binding:
HARDCOVER
Grade Level:
College/higher education:
Language:
English
Illustrations:
Yes
Pages:
384
Dimensions:
8.5 x 5.8 x 1.1 in 1.188 lb

Related Subjects

Business » Environment
Business » General
Business » Management
Science and Mathematics » Agriculture » General
Science and Mathematics » Environmental Studies » Environment
Science and Mathematics » Nature Studies » General

Economics of Environmental Quality 2ND Edition New Hardcover
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Product details 384 pages W. W. Norton & Company - English 9780393952704 Reviews:
"Synopsis" by , This new edition expands on the first edition by adding more illustrative examples, incorporating the latest data and information on environmental quality, and broadening and somewhat simplifying the analytical material.
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