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Overview
Provide your students with an applied, practical approach to environmental economic theory that is accessible to both students who have minimal exposure to economics, and students with an advanced understanding of economics. With a strong focus on policy and real-world issues, Callan/Thomas's ENVIRONMENTAL ECONOMICS AND MANAGEMENT: THEORY, POLICY AND APPLICATIONS, Sixth Edition, does not compromise economic theoretical concepts, but it does complement economic theory with timely, real-world applications. Your undergraduate or MBA students will gain a clear perspective of the relationship between market activity and the environment.
The text integrates a strong business perspective into the development of environmental decision making for a vantage point often overlooked in more conventional approaches. The book emphasizes the use of economic analytical tools, such as market models, benefit-cost analysis, and risk analysis, to assess environmental problems and to evaluate policy solutions. With a proven, modular structure, this edition provides a well-organized presentation with the flexibility to easily tailor the order of presentation and content of the course to your individual teaching needs.
- Revised and updated content through 6e reflect domestic and international policy changes, evolving corporate environmentalism, and findings of recent empirical studies.
- Updated URLs provided throughout the chapter encourage independent research.
- A complete Test Bank with True-False and Multiple Choice questions, Short Problems, and Case Studies.
- A complete set of updated PowerPoint slides with animated graphics and an enhanced Instructor’s Manual, which includes answers to all end-of-chapter Review Questions, suggested paper topics for each chapter, and two instructional appendices – one to help students develop graphing and quantitative tools and another to help students write research papers.
- Updates on public policy, data, and real-world applications and examples, such as (but not limited to): The Cross-State Air Pollution Rule (CSAPR), Current National Ambient Air Quality Standards (NAAQS) and nonattainment areas, and findings from the latest available National Water Quality Inventory Report to Congress.
- A flexible, well-organized modular structure that has become the hallmark of this text.
- Topic-rich yet accessible presentation that supports theory with real-world examples, current data from the private and public sectors, and boxed applications that link theory to reality.
- Updated URLs provided throughout to encourage independent research.
- Revised and updated content reflecting domestic and international policy changes, evolving corporate environmentalism, and findings of recent empirical studies.
- Several text ancillaries: PowerPoint© slides with animated graphs and active Web links; a more complete Instructor’s Manual (see detail below); and new to the 6th edition, a complete Test Bank with True-False and Multiple Choice questions, Short Problems, and Case Studies.
- 60 boxed applications that complement the text presentation by illustrating the relevance of economic theory, environmental risk, and public policy.
- Margin definitions of key concepts and terms placed adjacent to the associated text presentation in each chapter.
- End-of-Chapter Learning Tools that include a chapter summary, review questions, and additional readings. New review questions added throughout the 6th edition.
- End-of-Text Learning Tools that include a full glossary and reference list.
- Text Ancillaries offered through a password-protected Instructor’s Companion Site, include an Instructor’s Manual, PowerPoint® slides, and Test Bank. The Instructor’s Manual provides quantitative solutions and suggested responses to end-of-chapter Review Questions. New to this edition of the Instructor's Manual are Paper Topics for each chapter, and two appendices – one entitled Graphing Tools and Quantitative Techniques and another called Guidelines for Writing a Research Paper. The updated collection of PowerPoint® slides include animated graphs and active links to relevant Internet sites. A Test Bank, new to this edition, offers True-False and Multiple Choice questions, Short Problems, and Case Studies.
- Student’s Companion Site available online, which offers a list of commonly used acronyms, a set of flashcards with terms and definitions, links to all Internet addresses cited in the book, and more.
1. The Role of Economics in Environmental Management.
2. Modeling the Market Process: A Review of the Basics.
3. Modeling Market Failure.
MODULE II: MODELING SOLUTIONS TO ENVIRONMENTAL PROBLEMS.
4. Conventional Solutions to Environmental Problems: The Command-and-Control Approach.
5. Economic Solutions to Environmental Problems: The Market Approach.
MODULE III: ANALYTICAL TOOLS FOR ENVIRONMENTAL PLANNING.
6. Environmental Risk Analysis.
7. Assessing Benefits for Environmental Decision Making.
8. Assessing Costs for Environmental Decision Making.
9. Benefit-Cost Analysis in Environmental Decision Making.
MODULE IV: THE CASE OF AIR.
10. Defining Air Quality: The Standard-Setting Process.
11. Improving Air Quality: Controlling Mobile Sources.
12. Improving Air Quality: Controlling Stationary Sources.
13. Global Air Quality: Policies for Ozone Depletion and Climate Change.
MODULE V: THE CASE OF WATER.
14. Defining Water Quality: The Standard-Setting Process.
15. Improving Water Quality: Controlling Point and Nonpoint Sources.
16. Protecting Safe Drinking Water.
MODULE VI: THE CASE OF SOLID WASTES AND TOXIC SUBSTANCES.
17. Managing Hazardous Solid Waste and Waste Sites.
18. Managing Municipal Solid Waste.
19. Controlling Pesticides and Toxic Chemicals.
MODULE VII: GLOBAL ENVIRONMENTAL MANAGEMENT.
20. Sustainable Development: International Environmental Agreements and International Trade.
21. Sustainable Approaches: Industrial Ecology and Pollution Prevention.