Ecological Economics: An IntroductionCambridge University Press, 2005 M10 13 - 592 pages Taking as its starting point the interdependence of the economy and the natural environment, this book provides a comprehensive introduction to the emerging field of ecological economics. The authors, who have written extensively on the economics of sustainability, build on insights from both mainstream economics and ecological sciences. Part I explores the interdependence of the modern economy and its environment, while Part II focuses mainly on the economy and on economics. Part III looks at how national governments set policy targets and the instruments used to pursue those targets. Part IV examines international trade and institutions, and two major global threats to sustainability - climate change and biodiversity loss. Assuming no prior knowledge of economics, this textbook is well suited for use on interdisciplinary environmental science and management courses. It has extensive student-friendly features including discussion questions and exercises, keyword highlighting, real-world illustrations, further reading and website addresses. |
From inside the book
Results 1-5 of 71
Page 10
... see here is that this way of getting from utilities to welfare takes no account of the relative positions of A and B. Suppose that A's utility is much higher than B's , and that the action being considered 10 INTERDEPENDENT SYSTEMS.
... see here is that this way of getting from utilities to welfare takes no account of the relative positions of A and B. Suppose that A's utility is much higher than B's , and that the action being considered 10 INTERDEPENDENT SYSTEMS.
Page 11
... considered would increase A's utility by more than it decreased B's . According to simple addition this would increase welfare , and the action would be morally correct , though it makes the better - off even better - off and the worse ...
... considered would increase A's utility by more than it decreased B's . According to simple addition this would increase welfare , and the action would be morally correct , though it makes the better - off even better - off and the worse ...
Page 22
... considered separately . 2.1.1 Systems A system is a set of components that interact with each other . The idea of a system necessarily entails the idea of an environment within which the system exists , and of a boundary between the ...
... considered separately . 2.1.1 Systems A system is a set of components that interact with each other . The idea of a system necessarily entails the idea of an environment within which the system exists , and of a boundary between the ...
Page 26
... considered in section 2.3 . In order to be able to do that , we need to look at thermodynamics . 2.2 THERMODYNAMICS Thermodynamics is the study of energy transformations . The laws of thermody- namics are fundamental to an understanding ...
... considered in section 2.3 . In order to be able to do that , we need to look at thermodynamics . 2.2 THERMODYNAMICS Thermodynamics is the study of energy transformations . The laws of thermody- namics are fundamental to an understanding ...
Page 28
... considered above . We saw that operated at capacity for one hour it would burn 10,800 Gj of coal energy . If we use the UK average figure of 26 Gj per tonne , this is 415 tonnes of coal . If we use the international average of 29 Gj per ...
... considered above . We saw that operated at capacity for one hour it would burn 10,800 Gj of coal energy . If we use the UK average figure of 26 Gj per tonne , this is 415 tonnes of coal . If we use the international average of 29 Gj per ...
Other editions - View all
Ecological Economics: An Introduction Gareth Edwards-Jones,Michael S. Common,Sigrid Stagl,Ben Davies,Salman S Hussain,Davies, Glyn No preview available - 2005 |
Common terms and phrases
abatement agriculture allocative efficiency amount animal atmosphere basic biodiversity capita income carbon cent Chapter climate change CO2 emissions commodities considered consumers consumption cost damage decision demand function developing countries discussed ecological economics ecological economists economic activity economic growth economy-environment ecosystem elasticity energy equal equilibrium example exchange extraction Figure final demand firms fish fossil fuels GDP per capita given global greenhouse effect greenhouse gas growth rate human hunter-gatherer impact important increase individuals industrial input input-output interest rate investment involved Jane keystone species loaves look Manufacturing marginal market failure measures million natural environment natural resources neoclassical economics neoclassical economists non-renewable resources outcomes output plants pollution population growth Precautionary Principle problem production function quantity reduce relationship requires resilience sector simulation solar species sustainable development Table tion tonnes trade unit waste widgets
Popular passages
Page 310 - He generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it. By preferring the support of domestic to that of foreign industry, he intends only his own security ; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain; and he is in this, as in many other cases, led by an invisible hand...
Page 510 - ... stabilization of greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous anthropogenic interference with the climate system.
Page 534 - The Parties should take precautionary measures to anticipate, prevent or minimize the causes of climate change and mitigate its adverse effects, where there are threats of serious or irreversible damage, lack of full scientific certainty should not be used as a reason for postponing such measures...
Page 310 - By preferring the support of domestic to that of foreign industry he intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention.
Page 366 - Nations and the principles of international law, the sovereign right to exploit their own resources pursuant to their own environmental and developmental policies, and the responsibility to ensure that activities within their jurisdiction or control do not cause damage to the environment of other States or of areas beyond the limits of national jurisdiction...
Page 366 - Human beings are at the centre of concerns for sustainable development. They are entitled to a healthy and productive life in harmony with nature. 2. States have, in accordance with the Charter of the United Nations and the principles of international law, the sovereign right to exploit their own resources pursuant to their own environmental and developmental policies, and the responsibility to ensure that activities within their jurisdiction...
Page 366 - States and all people shall cooperate in the essential task of eradicating poverty as an indispensable requirement for sustainable development, in order to decrease the disparities in standards of living and better meet the needs of the majority of the people of the world. Principle 6 The special situation and needs of developing countries, particularly the least developed and those most environmentally vulnerable, shall be given special priority.
Page 367 - National authorities should endeavour to promote the internalization of environmental costs and the use of economic instruments, taking into account the approach that the polluter should, in principle, bear the cost of pollution, with due regard to the public interest and without distorting international trade and investment.