Environmental Economics

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What is it?

The field of environmental and resource economics is the study of the economy and its interaction with the environment. There is an increasing need for utilizing economic tools in developing new environmental approaches and policies.

Environmental economists have the ability to:

·         Correctly conceptualize economic problems related to environmental issues
·         Design and implement appropriate research methods, and
·         Apply appropriate quantitative and qualitative techniques

The economy and the environment are intimately connected:

Economic activity stresses the environment, generating pollution.

The economy uses environmental resources, including:

Fisheries
Forests
Minerals
Energy resources

The government regulates the economy's impact on the environment. Society is always looking for better ways of achieving balance among environmental, economic and social objectives.

The Environmental Literacy Council provides an excellent, though elementary, overview of the field of environmental and resource economics. Their site includes annotated links to resources on principles of the field, educational programs, reports, books and other organizations.

Journals and Professional Organizations

The primary professional organization of environmental economists is the Association of Environmental and Resource Economists (AERE).  Many regional professional associations are referenced on the AERE web site.

There are a number of journals in the field, including:
The Journal of Environmental Economics and Management
Resource and Energy Economics
Review of Environmental Economics & Policy
Environmental and Resource Economics
Land Economics
Energy Journal
Environment and Development Economics