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The Economics of the Environment by Peter Berck & Gloria Helfand is a book available to read on EtoBox.
What is The Economics of the Environment about?
xx, 507 pages : 23 cm The first word that comes to many peoples minds when they hear the word 'economics' is money. The environment conjures visions of majestic landscapes, not the commercial system. Yet environment and economics are inextricably linked, primarily through the concept of scarcity. In economics, things have value because they are limited in availability. Environmental resources, from clean air to fish stocks, are damaged by economic exploitation, scarcity is the underlying theme of both economics and environmental studies. # This book explains how both markets and market failures affect the environment. Environmental economics is a powerful lens through which to view both economics and environmental issues. This books goal is to explain how tomeasure the value of environmental goods; how to use these measurements to weigh environmental costs market failures. For example, if gasoline prices accounted for the environmetnal harm of driving, welfare would improve. Students of both ecoonomics and environmental science will benefit from understanding these relationships This text is written with an eye primarily to students who have already taken a principles of economics
- Author
- Peter Berck & Gloria Helfand
- Publisher
- New Delhi: PHI Learning Private Ltd.
- Published
- 2011
- Language
- EN
- ISBN
- 9788120343689
- Subjects
- Economics, Business
- Rating
- 4.3 / 5 (6 ratings)
- Updated
- 2026-03-14
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