Natural Resource &
Environmental Economics
3rd edition

By Roger Perman, et al.
Pearson Education Limited / Prentice Hall
June 2003
ISBN: 0-273-65559-0
724 Pages, Illustrated, 7 ½ x 9 ¾"
$115.00 paper original

One of the leading texts in its field, this book is appropriate for those studying the application of economic analysis to environmental issues.

This text has been written primarily for the specialist market of second and third year undergraduate and post-graduate students of economics. The clear explanations and basic principles that underpin the text, however, make it readily accessible to non-economists coming to environmental economics from diverse programmes of study.

Natural Resource and Environmental Economics is among the leading textbooks in its field. Well written and rigorous in its approach, this third edition follows in the vein of previous editions and continues to provide a comprehensive and clear account of the application of economic analysis to environmental issues.

This new edition has evolved with the times and been thoroughly updated to reflect recent developments in environmental issues and policies, such as forestry, biodiversity and pollution control. The early chapters explain the development and role of environmental economics before further chapters advance the student at a suitably challenging but achievable level. top Features Extensive use of case studies and examples of the application of the theory.

Each chapter concludes with suggested further readings, discussion questions and problems. The mathematics of the text is covered in a separate appendix. A Companion Website providing a full resource pack for both lecturers and students, including a downloadable Instructor’s manual, extra exercises and a bank of multiple choice questions for students. Relates environmental economics to ethics and the natural sciences. Rigorous and comprehensive account of the application of economic analysis to environmental issues


1. An introduction to natural resource and environmental economics
2. The origins of the sustainability problem
3. Ethics, welfare economics and the environment
4. Concepts of sustainability
5. Welfare economics and the environment
6. Pollution control- targets
7. Pollution control- instruments
8. Pollution policy with imperfect information
9. Economy wide modelling
10. International environmental problems
11. Cost benefit analysis
12. Valuing the environment
13. Irreversibility risk and uncertainty
14. The efficient and optimal use of natural resources
15. Non-renewable resources
16. Stock pollution problems
17. Renewable resources
18. Forest resources
19. Accounting for the environment

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