This text on the economics of climate change and climate policy can be used at three different levels - advanced undergraduate, post-graduate and doctoral. It covers the critical issues and clearly identifies the specific sections each level of reader should explore

"Now in its second edition, Cost-Benefit Analysis has been updated throughout, offering readers the perfect introduction to project, program and policy appraisal using basic tools of financial and economic analysis. The key economic questions of any social cost-benefit analysis are: do the...