Resource Economics: An Economic Approach to Natural Resource and Environmental Policy - Softcover

Randall, Alan

Softcover

ISBN 10: 047187468X ISBN 13: 9780471874683

Publisher: John Wiley & Sons, 1987

Synopsis

This revised volume on resource and environmental policy features extensive treatment of welfare economics and market failure concepts, project evaluation, investment theory, land markets, the allocation of exhaustible and biological resources, and environmental quality issues. Its policy orientation links economic theory with the "real world" of interest-group politics. This edition introduces the concepts of scarcity and growth with definitions of resource types and project evaluation.

About this title

Review

'I joined this amazing journey about 30 years ago. I benefited from all the theories, principles, and approaches offered in this book to explore the natural resource and environmental issues on the other side of the world. It makes me an enthusiastic and pragmatic teacher and researcher. In addition to rearranging and rewriting certain chapters, the fourth edition comprises new chapters on climate change which reflect our future challenges. Such knowledge deserves continuously passing to our future generations and equipping more students as an effective doer in resolving complex natural resources issues.' --- Pei-Ing Wu, National Taiwan University, Taiwan

'Bergstrom and Randall have produced another outstanding text covering the full range of issues in environmental and resource economics. Each revision of the book has successfully maintained the strengths of the previous (solid founding in economic theory, clear explanations of core concepts, and a focus on interesting policy) while updating the content to reflect changes and advances in the field. This text will be highly valuable in educating the next generation of students in fundamentals of resource economics.' --- Catherine Kling, Professor, Iowa State University, US

'Resource Economics by Bergstrom and Randall is no ordinary read. It has all the standard features of textbooks such as plenty of graphs and a style of writing that is easy to follow and highly comprehensible. But it stands out by its comprehensive and in-depth coverage of a wide variety of topics and its firm grounding of their treatment in a general economic analytical approach. Both features make this an outstanding introduction to both resource and environmental economics broadly conceived.' --- Eric Neumayer, London School of Economics & Political Science, UK

About the Author

John C. Bergstrom, The University of Georgia, Athens, US and Alan Randall, The Ohio State University, US and The University of Sydney, Australia

Edition details

• Publisher: John Wiley & Sons
• Publication date: 1987
• ISBN 10: 047187468X
• ISBN 13: 9780471874683
• Binding: Paperback
• Language: English
• Edition number: 2
• Number of pages: 448