"The book's broad scope includes a chapter on how models of the natural world interact with economic models in ways that are central to the conclusions economists reach. It devotes a chapter to contingent valuation, currently the hottest topic in the field. It also contains a chapter on monitoring and enforcement, a topic often completely ignored but central to considerations of instrument choice.

In addition, the final four chapters deal with the special problems of developing countries and the environment, both their own and our shared global systems." "Applying Economics to the Environment is intended to serve a dual market of upper-level college course programs in environmental economics as well as engineering and public policy courses that focus on the environment. The book can also provide an enlightening perspective for practicing professionals."--BOOK JACKET.