Environmental and Natural Resource Economics: An Encyclopedia

Economic markets and environmental outcomes are inextricably linked. Given the number and scope of environmental problems we face today, everyone from high school students to policy makers to concerned citizens should understand how the economy works and grasp how meltdowns—both economic and environmental in nature—can be avoided. Environment and Natural Resource Economics: An Encyclopedia offers the critical information needed to comprehend these complex issues. The entries cover topics in a manner parallel to how environmental economics is commonly taught, addressing basic concepts, environmental policy, natural resource economics, market failure, exhaustible and renewable resources, benefit-cost analysis, and applied welfare economics. Additionally, the book includes entries on key concepts of economics, movements, events, organizations, important individuals, and research areas relevant to the study of environmental and natural resource economics. Two chapters, "Pigouvian Taxes," and "Kenneth Boulding," were penned by Nicholas Institute for Environmental Policy Solutions Director for Economic Analysis Brian Murray.