Environmental economics is a dynamic field. This subject has become an important focus of debate around the world, with experts as well as ordinary citizens concluding that the environment and the economy can no longer be viewed as separate entities. As a society, we have to recognize that economic activity and the natural environment are inexorably linked. Topics covered include the following; the role of economics in environmental management, modeling conventional solutions to environmental problems, economics solution to environmental problems, assessing benefits for environmental decisions making, assessing costs for environmental decision making, benefit-cost analysis in environmental decision making, property rights, externality. The case of air, water, solid waste and toxic substances.
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