by Alfred Endres (Author), Volker Radke (Author)
About the Author
Alfred Endres is Full Professor of Economics at the University of Hagen, Germany, and Permanent Visiting Professor of Environmental Economics at the University of Witten/Herdecke, Germany. He has also taught at the Technical University of Berlin, Zhejiang University at Hangzhou, China, and the State University of New York at Buffalo. He held visiting appointments at the University of Florida, the University of California, San Diego and La Trobe University, Melbourne. Alfred Endres is the author of 14 books on environmental economics, applied economics, and microeconomics. He is the author of numerous articles in journals such as the Canadian Journal of Economics, Energy Economics, Environmental and Resource Economics, Journal of Environmental Economics and Management, Journal of Industrial Economics, Public Choice as well as Social Choice and Welfare. The EAERE published a special issue of its official journal, Environmental and Resource Economics, " in honour of Alfred Endres" (Part I: Vol. 62, No. 4 (Dec. 2015), Part II: Vol. 65, No. 1 (Sept. 2016)). Beyond his scientific activities, Endres performs as the lead singer of Trio Rockato, a regionally acclaimed rock band.
Volker Radke is Professor of Economics at the Baden-Wuerttemberg Cooperative State University Ravensburg, Germany. He also taught at the University of Dortmund and the University of Hagen, both Germany. He published several books and articles in journals, especially on the topic of sustainable development and its indicators.
About this book
This textbook provides a concise introduction to micro- and macroeconomics and demonstrates how economic tools and approaches can be used to analyze environmental issues. Written in an accessible style without compromising depth of the analysis, central issues in the public policy debate on environmental problems and environmental policy are discussed and analyzed from an economics perspective. The book is meant as an introductory (and in some parts intermediate) text for undergraduate students in environmental sciences without a background in economics. It also serves as a companion for experts interested in a presentation of the micro and macro foundations of environmental economics, in a nutshell.
The second edition has been revised, updated and extended in may ways, for instance by adding a microeconomic section on environmental technical change, a discussion of the significance of technical change for a sustainable development and a considerably extended macroeconomic section on economic growth.
Table of contents
1 Introduction
I Economics: What Is It About and How Does It Relate to the Natural Environment?
2 The Fundamental Problem
2. 1 Needs
2. 2 Goods
2. 2. 1 Satisfying Human Needs
2. 2. 2 Commodities and Services
2. 2. 3 Excludability and Rivalry
2. 3 Production
2. 4 Scarcity
3 The Economic Approach
3. 1 Acting Economically
3. 2 Economic Agents
3. 3 The Circular Flow
3. 4 Positive and Normative Economic Analysis
3. 5 Economic Policy
3. 5. 1 The Choice of Economic System
3. 5. 2 Interventions in the Economic Process
4 Integration of the Natural Environment: Socially Undesirable Utilisation of Natural Goods
4. 1 Natural Goods
4. 2 Production Based on Natural Resources
4. 3 The Circular Flow and the Natural Environment
4. 4 Normative Analysis: Efficiency, Justice, and the Natural Environment
4. 5 Economic Policy and Environmental Protection
5 Summary to Part I and Looking Ahead
II Microeconomics and the Natural Environment
6 Fundamental Concepts of Microeconomics
6. 1 Objectives and Methods of Microeconomics
6. 2 The Consumer
6. 3 The Firm
6. 4 The Market
6. 5 Basic Issues in Welfare Economics
6. 5. 1 The Concept of Social Optimality
6. 5. 2 The Social Optimality of an Ideal Market Economy
6. 5. 3 Market Failure
6. 5. 4 Extensions of and Alternatives to the Basic Microeconomic Textbook Model
7 A Sketch of Environmental Microeconomics
7. 1 Internalizing Externalities
7. 2 Standard-Oriented Environmental Policy
7. 2. 1 Introduction
7. 2. 2 Cost-Effective Inter-Firm Allocation of Aggregate Pollution Abatement
7. 2. 3 Cost-Effective Design of Environmental Policy Instruments
7. 3 Induced Technical Progress in Environmental Policy: The Basic Economic Concept
7. 3. 1 Environmental Technical Progress and Its Stylization in Environmental Economics Models
7. 3. 2 Efficiency: A Dynamic View
7. 3. 3 Dynamic Environmental Policy in an (Almost) Perfect World
7. 3. 4 Dynamic Environmental Policy in an Imperfect World
7. 4 International Environmental Problems
8 Summary to Part II and Looking Ahead
III Macroeconomics and the Natural Environment
9 Fundamental Concepts of Macroeconomics
9. 1 Objectives and Methods of Macroeconomics
9. 2 Economic Growth
9. 2. 1 Definitions of Economic Growth
9. 2. 2 Economic Growth in Figures
9. 2. 3 Growth Theory: The Solow Model
9. 2. 4 Growth in a Decentralised Economy: The Ramsey Model
9. 2. 5 Socially Optimal Growth
9. 2. 6 Extension: Technological Change
9. 3 National Accounting
9. 3. 1 Purposes of National Accounting
9. 3. 2 Measuring National Product
9. 3. 3 Measuring National Wealth
10 A Sketch of Environmental Macroeconomics
10. 1 Economic Growth and the Environment
10. 1. 1 Natural Limits to Growth
10. 1. 2 Sustainable Development
10. 1. 3 Extension: Technological Change in the Resource-Based Economy
10. 2 National Accounting and the Natural Environment
10. 2. 1 Environmental-Economic Accounting
10. 2. 2 Accounting for Sustainability
11 Summary to Part III
Series: Springer Texts in Business and Economics
Length: 291 pages
Publisher: Springer; 2nd ed. 2018 edition (June 10, 2018)
Language: English
ISBN-10: 3662548267
ISBN-13: 978-366254826
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