Economic theory for environmentalists

Book

Economic theory for environmentalists / John Gowdy, Sabine O'Hara.

Gowdy, John M. (Author). O'Hara, Sabine. (Added Author).

Summary:

Economic Theory for Environmentalists is an easy-to-use, logically developed book that clearly explains complex economic concepts for both students and policy-makers. The mysteries of Pareto optimality, efficiency, price theory, perfect competition, market and intervention failure are addressed in an understandable presentation. Because the foundations of neoclassical economic theory continue to form the basis for policy decisions regarding the environment, the authors focus on clarifying neoclassical thinking as well as analyzing the effects this thinking has had on environmental policy decisions. With their overview of micro- and macroeconomic schools of thought, the authors also provide the context within which current economic theory and policy evolved and point the way to new concepts and policy approaches in economics. Concrete examples are used to illustrate theoretical concepts throughout the book.

Record details

ISBN: 188401500X
ISBN: 9781884015007
ISBN: 1574440039
ISBN: 9781574440034
Physical Description: xiv, 192 pages : illustrations ; 24 cm
Publisher: [Ankeny, Iowa] : Soil and Water Conservation Society ; ©1995.

Content descriptions

Bibliography, etc. Note:: Includes bibliographical references and index.
Formatted Contents Note:: Introduction -- The theory of the consumer -- The theory of the firm -- General equilibrium and welfare economics -- Introducing prices : Pareto optimality & perfect competition -- Market failure : when prices are wrong -- From supply and demand to social and ecological context -- The challenge of pollution control : groundwater pollution -- New directionss for economics, the economy, and the environment.