Tag: trade

Trade and the Environment

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 […]

Harmonizing the Economy with the Environment: Teaching Modules for a New Approach

By Mohish Agrawal There is increasing demand for an economics curriculum that accounts for the importance of environmental issues such as climate change, biodiversity loss and natural resource degradation. Not only does the environment provide the natural capital essential as inputs to production, it also provides essential services, such as assimilation of waste and provision […]