By Brian Roach and Jonathan M. Harris This module is based on Chapter 19 of Harris and Roach’s textbook Environmental and Natural Resource Economics: A Contemporary Approach. It presents an analysis combining trade theory with the theory of externalities to show how the basic principles of gains from trade must be modified in a real world […]
By Erin Lennox, Jonathan M. Harris and Anne-Marie Codur This module presents an expanded circular flow analysis that takes the biosphere into account. It reviews critiques and alternatives to gross national product (GNP) and gross domestic product (GDP), emphasizing natural resource and environmental, as well as social sustainability, then discusses the implications of long-term growth […]
By Brian Roach, Erin Lennox and Anne-Marie Codur This module provides an introduction to the economic analysis of environmental issues, providing broader perspectives on sustainability and ecological economics as well as standard environmental economic techniques such as valuation. Applications include fisheries management, sustainable agriculture, and global climate change. It has been updated to include the […]
By Anne-Marie Codur, Jonathan M. Harris and Maliheh Birjandi Feriz Deforestation and degradation of forests and wetlands is a major contributor to climate change. At the same time, forests and other ecosystems have immense capacity to store carbon and to contribute to balancing global cycles of carbon dioxide, methane and other greenhouse gases. Policies to […]
By Anne-Marie Codur, Jonathan M. Harris and Kayleigh Fay There is increasing evidence that ambitious goals to mitigate climate change, such as those set for by the Intergovernmental Panel on Climate Change cannot be met without a substantial contribution from increased absorption of carbon dioxide by soils, forests and wetlands. This module focuses on the agricultural […]
By Brian Roach and Jonathan M. Harris This module provides thorough coverage of the world’s four main energy challenges: Accelerating the transition from fossil fuels to renewable energy Electrification of the world’s energy systems Promoting energy efficiency Reducing energy inequality While fossil fuels still provide about 80 percent of world’s energy, a transition to renewable […]
by Ekaterina Gnedenko This module provides a comprehensive introduction to key concepts in land economics, blending economic theory with an exploration of current land-use practices and their environmental impacts. It delves into the efficiency and equity of land markets, and how these are influenced by factors such as land scarcity and capitalization. The module also […]
by David Timmons, Jonathan Harris and Brian Roach. This module covers issues that are central to the transition to renewable energy, including the potential of solar energy, wind, geothermal, biomass, hydropower and other low-carbon energy sources. It stresses the crucial role of energy efficiency in facilitating a transition to renewables, and discusses issues including electrification, […]
by Jonathan M. Harris, Brian Roach and Anne-Marie Codur This module, based on chapters 12 and 13 of Harris and Roach’s textbook, Environmental and Natural Resource Economics: A Contemporary Approach, discusses the scientific evidence on climate change, including recent projections on temperature and sea-level rise. It then evaluates the strengths and weaknesses of economic analysis of […]
By Eric Kemp-Benedict This upper-level module presents the study of “green macroeconomics,” viewing the economy as embedded in society, which is embedded in the environment. The module takes a pluralist approach, contrasting neoclassical, post-Keynesian and classical theory, but uses classical models for illustration. Topics include climate mitigation and adaptation, renewable resources, and energy return on […]