How Long to Read Lecture Notes on Resource and Environmental Economics

How Long Does it Take to Read Lecture Notes on Resource and Environmental Economics?

It takes the average reader 2 hours and 43 minutes to read Lecture Notes on Resource and Environmental Economics by Anthony C. Fisher

Assuming a reading speed of 250 words per minute. Learn more

Description

This book, based on lectures on natural and environmental resource economics, offers a nontechnical exposition of the modern theory of sustainability in the presence of resource scarcity. It applies an alternative take on environmental economics, focusing on the economics of the natural environment, including development, computation, and potential empirical importance of the concept of option value, as opposed to the standard treatment of the economics of pollution control. The approach throughout is primarily conceptual and theoretical, though empirical estimation and results are sometimes noted. Mathematics, ranging from elementary calculus to more formal dynamic optimization, is used, especially in the early chapters on the optimal management of exhaustible and renewable resources, but results are always given an economic interpretation. Diagrams and numerical examples are also used extensively. The first chapter introduces the classical economists as the first resource economists, in their discussion of the implications of a limited natural resource base (agricultural land) for the evolution of the wider economy. A later chapter returns to the same concerns, along with others stimulated by the energy and environmental “crises” of the 1970s and beyond. One section considers alternative measures of resource scarcity and empirical findings on their behavior over time. Another introduces the modern concept of sustainability with an intuitive development of the analytics. A chapter on the dynamics of environmental management motivates the concept of option value, shows how to compute it, then demonstrates its importance in an illustrative empirical example. The closing chapter, on climate change, first projects future changes and potential catastrophic impacts, then discusses the policy relevance of both option value and discounting for the very long run. This book is intended for resource and environmental economists and can be read by interested graduate and advanced undergraduate students in the field as well.

How long is Lecture Notes on Resource and Environmental Economics?

Lecture Notes on Resource and Environmental Economics by Anthony C. Fisher is 158 pages long, and a total of 40,764 words.

This makes it 53% the length of the average book. It also has 50% more words than the average book.

How Long Does it Take to Read Lecture Notes on Resource and Environmental Economics Aloud?

The average oral reading speed is 183 words per minute. This means it takes 3 hours and 42 minutes to read Lecture Notes on Resource and Environmental Economics aloud.

What Reading Level is Lecture Notes on Resource and Environmental Economics?

Lecture Notes on Resource and Environmental Economics is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Lecture Notes on Resource and Environmental Economics?

Lecture Notes on Resource and Environmental Economics by Anthony C. Fisher is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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