Environmental economics is a rather unusual subfield of economics which is concerned with the theoretical or empirical studies of economic benefits of national or local environmental policies around the world. Apart from an in depth overview of conventional environmental policies and strategies, this economic branch also looks into alternative policies to deal effectively with problems ranging from air and water pollution to global warming. This book is an effort by the author to introduce the basic concepts and theories which form the focal point of environmental economics with a comprehensive insight into the subject, this compendium attempts to bring to right the various environmental issues that have prompted the expansion of environmental economics with its enlightening approach to the subject, it is hoped that this book would be vastly resourceful to readers involved in economics.
