Environmental Economics

This intermediate-level undergraduate textbook in environmental economics builds on the microeconomics courses students take in their first year. It intentionally does not survey the whole field or present every possible topic. Instead, there is a clear focus on the theory of environmental policy and its practical applications. Most of the applied parts of the book deal with the economics of environmental policy in the European Union and in the United States. The book combines basic environmental economic analysis, such as the internalization of externalities, with recent developments in this field, including induced technical change and coalition theory. Moreover, topics from daily policy debates such as global warming are put into economic perspective. This is done in an intelligible form for advanced undergraduate students of economics, business administration and related fields. Each part of the book contains a set of exercises and suggested solutions.

Author Biography

Alfred Endres is Full Professor of Economics at the University of Hagen, Germany, and Permanent Visiting Professor of Environmental Economics at the University of Witten/Herdecke, Germany. He has also taught at the Technical University of Berlin, Zhejiang University, Hangzhou, China, and the State University of New York, Buffalo. He held visiting appointments at the University of Florida and the University of California, San Diego. He is the author of 14 books on environmental economics, applied economics and microeconomics, primarily in German. Professor Endres is a member of the review panel for the Swiss National Competence Center for Research on Climate Change and was a member of the Peer Review Committee for the Environmental Action Program of the European Union. He is the author of numerous articles in journals such as the Canadian Journal of Economics, the Journal of Environmental Economics and Management, the Journal of Industrial Economics, Public Choice and Environmental and Resource Economics.