Lecture Notes on Environmental and Resource Economics: A Theoretical Introduction

This set of lecture notes contains basic theory in environmental and resource economics. It covers not only traditional topics, such as pollution targets and instruments, renewable and non-renewable resources, growth, trade and valuation, but also newer topics as international aspects, stock pollution and tipping points. These lectures focus on the main concepts, models and results in the core areas of environmental and resource economics, as a basis for the presentation of extentions, applications and real-world policy discussions in the courses.The book is compact and can serve as a basic text for a course in environmental and resource economics at the advanced undergraduate level. It can also be useful as a reference text at the graduate level or for research. The mathematics in the main text is elementary, with more advanced mathematical analyses in the appendices. The book provides a precise account of the essentials in environmental and resource economics.