Environmental Economics, An Introduction: 2024 Release ISE

Barry C. Field is Professor of Resource Economics at the University of Massachusetts in Amherst. Previously he taught at the University of Miami and The George Washington University. He received his B.S. and M.S. degrees from Cornell University, and his Ph.D. from the University of California at Berkeley. At the University of Massachusetts he has devoted many years to teaching natural resource economics to students at all levels, and has worked to develop an undergraduate major in environmental and resource economics. Professor Field is the author of numerous articles on resource and environmental economics. Martha K. Field is Professor of Economics at Greenfield Community College, where she has taught environmental economics for many years. She has taught at the University of Massachusetts, Mount Holyoke College, Westfield State College, Holyoke Community College, and the Consumer Cooperative at Gomel, Belarus. She received a B.S. and M.S. from the University of Massachusetts and holds a Ph.D. from the University of Connecticut.

• SECTION ONE: INTRODUCTION 1 What Is Environmental Economics? 2 The Economy and the Environment SECTION TWO: ANALYTICAL TOOLS 3 Benefits and Costs, Supply and Demand 4 Markets, Externalities, and Public Goods 5 The Economics of Environmental Quality SECTION THREE: ENVIRONMENTAL ANALYSIS 6 Frameworks of Analysis7 Benefit–Cost Analysis Benefits 8 Benefit–Cost Analysis Costs SECTION FOUR: ENVIRONMENTAL POLICY ANALYSIS 9 Criteria for Evaluating Environmental Policies 10 Decentralized Policies Liability Laws, Property Rights, Voluntary Action11 Command-and-Control Strategies: The Case of Standards 12 Incentive-Based Strategies: Environmental Charges and Subsidies13 Incentive-Based Strategies: Market Trading SystemsSECTION FIVE: ENVIRONMENTAL POLICY IN THE UNITED STATES 14 Federal Water Pollution Control Policy 15 Federal Air Pollution Control Policy 16 Federal Policy on Toxic and Hazardous Substances 17 State and Local Environmental Issues SECTION SIX: GLOBAL ENVIRONMENTAL ISSUES 18 Global Climate Change 19 International Environmental Agreements 20 Globalization 21 Economic Development and the EnvironmentAPPENDIX A: Abbreviations and Acronyms Used in the Book APPENDIX B: Additional Websites