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Natural Resource Pricing and Rents - An Economic Analysis (Hardcover, 1st ed. 2021)
Loot Price: R3,308
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Natural Resource Pricing and Rents - An Economic Analysis (Hardcover, 1st ed. 2021)
Series: Contributions to Economics
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This book examines the economics of natural resource markets and
pricing, as well as the field of natural resource economics in
general. It presents the key contributions to this field of
research, including the pioneering works and contemporary studies.
The book highlights the basic principles and ideas underlying
theoretical models of resource pricing. The models considered in
the book underline the fundamental determinants of resource prices
and the economic nature of rents for non-renewable and renewable
resources. Besides the classical theory of exhaustible resource
economics, the book includes several issues that are of high
importance for global economic growth, such as the transition to
alternative energy and the economics of climate change. The authors
also consider the issues of commodity pricing and a resource
cartel's activity that are relevant to the world oil market. The
book provides analytical solutions illustrated with numerical
examples. It allows an intuitive understanding of the subject and
the model inferences through graphical illustrations and an
informal introduction. It, therefore, is a must-read for everybody
interested in a better understanding of resource prices, resource
markets, and resource economics.
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