The Economics of the Environmentcompletely integrates economics and environmental issues, explaining how both market successes and failures affect the environment. Economics and the Environment; Supply and Demand: Market Forces and the Environment; Markets and Market Failure: A Cause of Environmental Degradation; Consumer Behavior and the Environment; Measuring Benefits to Consumers; Revealed Preference; Stated Preference Methods; From Production to Pollution; Production, Pollution, Output, and Prices; Maximizing Net Benefits in the Presence of Externalities; Private Markets and the Environment: The Coase Theorem; Government Policies for Environmental Protection; Enforcement and Political Economy; The Time Factor: Discounting; Benefit-Cost Analysis; Nonrenewable Resource Management; Renewable Resource Management; Economic Growth and the Environment; Sustainability For anyone looking to enhance either their understanding of economics or environmental issues.