In this text for undergraduate and MBA students, economic modeling and analysis tools are introduced and then applied to three national case studies. This third edition offers more international coverage, with new material on sustainable development, international trade, and transboundary pollution. Information in a chapter on public policy has been integrated into other chapters, and 16 new boxed applications have been added. The authors teach economics at Bentley College. Annotation (c) Book News, Inc., Portland, OR (booknews.com)
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By retaining a strong focus on policy and real-world issues, Environmental Economics and Management: Theory, Policy and Applications, provides an applied, practical approach to environmental economic theory accessible to students with minimal or more advanced economic exposure. The text has a modular structure, which not only organizes the presentation, but also provides a format that allows instructors flexibility and preference in designing material for the course. The presentation does not compromise economic theoretical concepts, but it does complement economic theory with timely, real-world applications. This text is intended to give undergraduate and MBA students a clear perspective of the relationship between market activity and the environment. The text integrates the business perspective in the development of environmental decision-making - a vantage point often overlooked in more conventional treatments. The general approach uses economic analytical tools such as market models, benefit-cost analysis, and risk analysis to assess environmental problems and to evaluate policy solutions.
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