Environmental Protection and Externalities
Discover how to apply market-oriented environmental tools, analyze the benefits and costs of clean air and water, and explore the tradeoff between economic output and environmental protection in this tutorial on environmental protection and negative externalities.
Introduction to Environmental Protection and Negative Externalities
The Economics of Pollution
Externalities
Pollution As a Negative Externality
Key Concepts and Summary
Command-and-Control Regulation
Key Concepts and Summary
Pollution Charges
Marketable Permits
Better-Defined Property Rights
Applying Market-Oriented Environmental Tools
Key Concepts and Summary
Benefits and Costs of Clean Air and Clean Water
Ecotourism: Making Environmentalism Pay
Marginal Benefits and Marginal Costs
Key Concepts and Summary
International Environmental Issues
Key Concepts and Summary
The Tradeoff Between Economic Output and Environmental Protection
Key Concepts and Summary