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U.S. Department of Energy
Office of Scientific and Technical Information

Economic theory for environmentalists

Book ·
;  [1]
  1. Rensselaer Polytechnic Inst., Troy, NY (United States)
This book examines the implications of neoclassical economic theory and how it relates to the environment and environmental activity. It addresses the ongoing conflict between market forces and environmental integrity and explains how neoclassical economic theory views the relationship between economic activity and the natural world. Each chapter outlines the concepts of economic theory and the relevance of its environmental and policy implications. It focuses on both micro and macro-economics. Policy tools such as price and income elasticities, consumer surplus and methods for measuring the economic value of environmental resources are discussed. A case study which examines a range of policy options is presented. Examples are also given throughout the text to illustrate region and international policy questions.
OSTI ID:
128794
Country of Publication:
United States
Language:
English

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