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Table of Contents
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SECTION ONE

Introduction

1 What is Environmental Economics? 2 The Economy and the Environment

SECTION TWO

Analytical Tools

3 Benefits and Costs, Supply and Demand 4 Markets, Externalities, and Public Goods 5 The Economics of Environmental Quality

SECTION THREE

Environmental Analysis

6 Frameworks of Analysis 7 Benefit-Cost Analysis: Benefits 8 Benefit-Cost Analysis: Costs

SECTION FOUR

Environmental Policy Analysis

9 Criteria for Evaluating Environmental Policies 10 Decentralized Policies: Liability Laws, Property Rights, Voluntary Action 11 Command-and-Control Strategies: The Case of Standards 12 Incentive-Based Strategies: Emission Charges and Subsidies 13 Incentive-Based Strategies: Market Trading Systems

SECTION FIVE

Environmental Policy in the United States

14 Federal Water Pollution-Control Policy 15 Federal Air Pollution Control Policy 16 Federal Polity on Toxic and Hazardous Substances 17 State and Local Environmental Issues

SECTION SIX

Global Environmental Issues

18 The Global Environment 19 International Environmental Agreements 20 Globalization 21 Economic Development and the Environment

APPENDIX

Abbreviations and Acronyms Used in the Book

NAME INDEX

SUBJECT INDEX






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