Peter Berck, University of California, Berkeley


Gloria Helfand, University of Michigan

Chapter 1. Economics and the Environment   


Chapter 2. Supply and Demand: Market Forces and the Environment   


Chapter 3. Markets and Market Failure: A Cause of Environmental Degradation   


Chapter 4. Consumer Behavior and the Environment   


Chapter 5. Measuring Benefits to Consumers   


Chapter 6. Revealed Preference   


Chapter 7. Stated Preference Methods   


Chapter 8. From Production to Pollution   


Chapter 9. Production, Pollution, Output, and Prices   


Chapter 10. Maximizing Net Benefits in the Presence of Externalities   


Chapter 11. Private Markets and the Environment: The Coase Theorem   


Chapter 12. Government Policies for Environmental Protection   


Chapter 13. Enforcement and Political Economy   


Chapter 14. The Time Factor: Discounting   


Chapter 15. Benefit-Cost Analysis   


Chapter 16. Nonrenewable Resource Management   


Chapter 17. Renewable Resource Management   


Chapter 18. Economic Growth and the Environment   


Chapter 19. Sustainability   

• Accessible treatment of environmental economics using graphing tools.


• Reality-based cases, mostly numerical, that motivate the material in each chapter.


• Additional boxed examples of classic and contemporary environmental issues.


• Summaries of key lessons after major chapter—and chapter-ending—sections.


• Numerical and conceptual exercises in each chapter, and supplemental materials for instructors.


• Introducing students to active research—Real-world Cases. A unique feature to this text is the extended use of one core example per chapter that's based on actual data.


• Understanding the microeconomic principles in environmental problems—Economic Tools. This text includes all of the graphical economic tools necessary for understanding the application of microeconomic principles to environmental problems.


• Seeing the concepts from many angles—Multiple Examples. To help students see the concepts in several different situations, this text's chapters include numerous boxed examples that apply the same concepts to completely new situations.


• Solidifying knowledge—Concept Reinforcement. At the end of every chapter, students will find a higher-level set of lessons, as well as end-of-chapter exercises and qualitative questions.