Environmental Economics, 8th Edition

Environmental Economics by Barry C. C. Field provides a comprehensive introduction to the basic principles of environmental economics, tracing their development and evolution into modern applications. The Eighth Edition focuses on the core ideas and analytical models that environmental economists use to address concrete ecological issues. The text is structured to guide readers through the foundational relationship between the economy and the environment, utilizing tools of analysis such as demand, cost, and economic efficiency in both market and non-market activities.

The book is organized into six detailed sections. It begins with an overview of the field and the basic economic-environmental framework, followed by an exploration of analytical tools and a simple model of pollution control. The third section focuses on environmental analysis, specifically the principles of benefit–cost analysis and the valuation questions central to environmental decision-making. Section four transitions into the design of environmental policy, establishing criteria for evaluation and management approaches.

The final sections apply these analytical frameworks to specific policy areas. Section five examines environmental policy within the United States, including federal regulations on water, air, and toxic substances, as well as state and local initiatives like recycling. The concluding section addresses international environmental challenges, such as global climate change, international environmental agreements, globalization, and the relationship between economic development and the environment.

Book Details and Metadata

• Title: Environmental Economics
• Author: Barry C. C. Field
• Edition: 8th Edition
• Publisher: McGraw Hill
• Publication Date: January 6, 2020
• Language: English
• Print Length: 464 pages
• ISBN-10: 1260243060
• ISBN-13: 978-1260243062
• Dimensions: 8.5 x 1 x 10 inches