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Economic Growth and the Environment

An Introduction to the Theory

Clas Eriksson

April 2013

ISBN: 9780199663897

240 pages
Hardback
234x156mm

In Stock

Price: £65.00

How can we reconcile economic growth with the need to protect the natural environment? Will scarcity of natural resources eventually force economic growth to cease? This book introduces key models and shows how modern growth theory can be used to shed light on the relation between economic growth, natural resources, and the environment.

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Description

How can we reconcile economic growth with the need to protect the natural environment? Will scarcity of natural resources eventually force economic growth to cease? This book introduces key models and shows how modern growth theory can be used to shed light on the relation between economic growth, natural resources, and the environment.

  • Sets out the key models
  • Shows how modern growth theory can be used to shed light on the relation between economic growth, natural resources, and the environment
  • Includes Exercises at the end of each chapter that help the reader master the models
  • Adopts a rule-of-thumb approach, as opposed to intertemporal optimization, so the reader can study difficult and important problems without the need for a difficult tool box
  • Clear progression- the chapters build on each other so the reader gets a solid knowledge of the topic
  • Features carefully chosen suggestions for further reading that give the student the possibility to progress, without finding the material too difficult

About the Author(s)

Clas Eriksson, Professor in economics at Mälardalen University College, Västerås Sweden

Clas Eriksson is Professor in economics at Mälardalen University College, Västerås, Sweden. He obtained his PhD and associate professor (docent) degrees from Uppsala University.

Table of Contents

    1:Introduction
    Part I: TOOLS
    2.:Production
    3:The Solow Model
    4:Endogenous Technological Change
    PART II: NATURAL RESOURCES
    5:Land
    6:Exhaustible Resources
    Part III: POLLUTION
    7:Pollution Reduction by Abatement
    8:Pollution Reduction by Directed Technological Change
    9:Utility Maximization

Reviews

"Eriksson consistently proves knowledgeable of the material he covers. Perhaps more importantly, he is adept at conveying it without excessive reliance on jargon. I came away with a much better understanding of the tensions between advancing economic growth and minimizing negative environmental externalities." - Christopher Nesseth, Monthly Labor Review

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