This textbook provides a concise introduction to micro- and macroeconomics and demonstrates how economic tools and approaches can be used to analyze environmental issues. Written in an accessible style without compromising depth of the analysis, central issues in the public policy debate on...

1 Introduction -- Part I: Economics - What Is It About and How Does It Relate to the Natural Environment? - 2 The Fundamental Problem -- 3 The Economic Approach -- 4 Integration of the Natural Environment: Socially Undesirable Utilization of Natural Goods -- 5 Summary to Part I and Looking...