This new text extends the traditional reach of ecological economics into the fields of management and economic policy. Its theoretical basis is brought to bear on actual real world problems and a wider range of policy instruments are introduced as a way of emphasizing that the critical environmental problems we face are not best tackled through a one-size-fits-all approach. Features of the text include: The use of non-technical explanations A concrete definition of sustainability and how it will be best achieved A host of real world examples in the way of case studies, examples and diagrams A distinct focus on biophysical versus monetary economics The result is a brand new kind of ecological economics textbook; one that should prove invaluable to all students of the environment, whether they come from an economics, geography, management or politics background.