Kanazawa M. Natural Resources and the Environment...2021

Textbook in PDF format

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.
Introduction
A mini-course in basic economic theory
Valuation
Institutions, property rights, and transaction costs
Common-pool resources
Public choice and the politics of environmental policy
Population
Fossil fuel energy
Climate change
Air and water quality
Energy conservation and energy efficiency
Renewable energy
Agriculture
Water resources
Fisheries
Forests and deforestation
Wildlife, endangered species, and biodiversity
Conclusion: Institutional environmental economics