The Economics of the Environment and Natural Resources covers the essential topics students need to understand environmental and resource problems and their possible solutions. Its unique lecture format provides an in-depth exploration of discrete topics, ideal for upper-level undergraduate, graduate, or doctoral study. Each chapter depicts the key theoretical insights, major issues, and real-life problems that motivate the subject. In addition, the chapters feature practical applications and case studies, a list of annotated further reading, and extensive references. The book also includes an extensive glossary of key terms used in the chapters.The book’s broad treatment of the field includes discussions of general theoretical approaches, particular natural resources, the theory and practice of environmental valuation, and larger-scale environmental issues. This book challenges the reader through its rigorous coverage of these topics, while also provoking further exploration.