Product Description: Decisions about the conservation and use of natural resources are made every day by individuals, communities, and nations. The latest edition of Field's acclaimed text highlights the incentives and trade-offs embedded in such decisions, providing a lucid introduction to natural resource issues using the analytical framework of economics...read more

Environmental Economics is an introduction to the basic principles of environmental economics as they have been developed in the past and as they continue to evolve. The examples discussed in this textbook represent only a sample of the full range of issues that actually exists. For this reason, the Sixth Edition sticks to the basic ideas and ways that environmental economists have found to make the basic concepts and models more specific and relevant to concrete environmental issues. The basic structure and sequence of chapters are unchanged but contain new and updated material that reflects the new research efforts by environmental economists over the last few years.

Examines how humans use natural resources. This text highlights some of the mistakes made in doing so, and teaches students to analyze these decisions. The guiding principle is to present the concepts in a rigorous way at the introductory level, and then see how they apply to some of the important questions we face about natural resource use.