Natural Resource and Environmental Economics is among the leading textbooks in its field. Well written and rigorous in its approach, this third edition follows in the vein of previous editions and continues to provide a comprehensive and clear account of the application of economic analysis to environmental issues. This new edition has evolved with the times and been thoroughly updated to reflect recent developments in environmental issues and policies, such as forestry, biodiversity and pollution control. The early chapters explain the development and role of environmental economics before further chapters advance the student at a suitably challenging but achievable level. - Extensive use of case studies and examples of the application of the theory. - Each chapter concludes with suggested further readings, discussion questions and problems. - The mathematics of the text is covered in a separate appendix. - A Companion website providing a full resource pack for both lecturers and students, including a downloadable Instructor's manual, extra exercises and a bank of multiple choice questions for students. - Relates environmental economics to ethics and the natural sciences. - Rigorous and comprehensive account of the application of economic analysis to environmental issues