Natural Resources and the Environment: Economics, Law, Politics,
and Institutions provides a new approach to the study of
environmental and natural resource economics. It augments current
contributions from the fields of public choice, law, and economics,
and the burgeoning field of what used to be called the "New
Institutional Economics," to describe, explain, and interpret how
these new developments have been applied to better understand the
economics of natural resources and the environment. This textbook
takes a multi-disciplinary approach, which is essential for
understanding complex environmental problems, and examines the
issue from not only an economic perspective, but also taking into
account law, politics, and institutions. In doing so, it provides
students with a realistic understanding of how environmental policy
is created and presents a comprehensive examination of real-world
environmental policy. The book provides a comprehensive coverage of
key issues, including renewable energy, climate change,
agriculture, water resources, land conservation, and fisheries,
with each chapter accompanied by learning resources, such as
recommended further reading, discussion questions, and exercises.
This textbook is essential reading for students and scholars
seeking to build an interdisciplinary understanding of natural
resources and the environment.
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