Environmental Economics

Stephen Smith

Published in print September 2011 | ISBN: 9780199583584
Published online September 2013 | e-ISBN: 9780191777813 | DOI:

Series: Very Short Introductions

Environmental Economics

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Environmental economics looks at how economic activity and policy affect the environment in which we live. Environmental Economics: A Very Short Introduction discusses environmental issues including pollution control, reducing environmental damage, and global climate change policies. If environmental protection is costly, how much should we spend on pollution control? Is it worth reducing pollution to zero, or should we accept some level of pollution because of the economic benefits associated with it? How can we assess the benefits that people get from a less-polluted atmosphere? Using many illustrative case studies and examples, answers to these questions are considered.

Keywords: carbon tax; economic theory; economy; environmental economics; Environmental Protection Agency; European Union; market failure; market power; opportunity cost; policy instrument; pollution control

Book.  168 pages.  Illustrated.

Subjects: Environmental Economics

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Table of Contents

Introduction in Environmental Economics


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