Principles of Environmental Economics and Sustainability: An Integrated Economic and Ecological Approach

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Routledge, 2012 - Business & Economics - 417 pages

Recent years have witnessed considerable consolidation between the disciplines of environmental and ecological economics at research level, but until now textbooks in the area have done little to reflect this. Ahmed Hussen's book is to date the only one to reconcile the two standpoints.

The central focus of the book will continue to be on this systematic integration of both mainstream and ecological approaches to environmental economics, and an acknowledgement that enduring solutions to major contemporary environmental challenges can be obtained through studies based on a well-conceived and balanced interdisciplinary approach. However, this third edition also contains much that is new. Chiefly, brand new chapters appear covering the following topics:

  • The economics of climate change
  • The economics of biodiversity and ecosystem services
  • 'Green' accounting and alternative economic and social indicators of sustainability
  • The business case for environmental sustainability
  • An Appendix that provides a brief historical account of the development of ecological economics

The result is a comprehensive introduction to the main facets of environmental and ecological economics -- a text that boldly refuses to put up barriers between disciplines and takes a holistic approach to vital issues.

This student-friendly textbook contains a variety of study tools including learning points, boxed features, case studies, revision questions and discussion questions, and an Appendix that provides students with a review of basic economic principles relevant to the study of the environment and its management. Written in a clear and accessible style, this book will prove an excellent choice for introducing both students and academics to the world of environmental economics.

 

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Contents

What is environmental economics all about?
1
Foundational concepts theories and perspectives
7
Part II Pollution control policy instruments valuationof the environment and project evaluation
67
Part III The New Scarcity
175
Part IV Sustainable development and the limits to growth
231
Part V Environmental sustainabilityin developing countries
359
Resource scarcity economic efficiency and markets How the invisible hand works
392
The development of ecological economics A brief historical sketch
404
Index
408
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About the author (2012)

Ahmed Hussen is Professor of Economics at Kalamazoo College, Michigan, USA. He was the recipient of the 1996 Florence J. Lucasse Lectureship award for excellence in teaching; Kalamazoo College's highest faculty award. He has taught and conducted research at Waseda University, Japan (1990-91);Africa University, Zimbabwe (fall 1999-2000, and winter 2002-03); and the University of Botswana, as a Fullbright Scholar (2006-07).

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