Table of contents for Ecological economics : principles and applications / by Herman E. Daly and Joshua Farley.


Bibliographic record and links to related information available from the Library of Congress catalog. Note: Contents data are machine generated based on pre-publication information provided by the publisher. Contents may have variations from the printed book or be incomplete or contain other coding.


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Contents
Acknowledgments
A Note to Instructors
Introduction
Part I		An Introduction to Ecological Economics
Chapter 1 	Why Study Economics?
	What is Economics?
	The Purpose of this Textbook
	Coevolutionary Economics
	The Era of Ecological Constraints
	Outline of the Text
Chapter 2	The Fundamental Vision
	The Whole and the Part
	Optimal Scale
	Diminishing Marginal Returns and Uneconomic Growth
	Paradigm Shift
	Say's "Law": Supply Creates Its Own Demand
	Leakages and Injections
	Linear Throughput and Thermodynamics
	Big Ideas to Remember
Chapter 3	Ends, Means, and Policy
 Ends and Means--A Practical Dualism
 The Presuppositions of Policy
 Determinism and Relativism
 The Ends-Means Spectrum
 Three Strategies for Integrating Ecology and Economics
 Big Ideas to Remember
 Conclusions to Part I
 
Part II	The Containing and Sustaining Ecosystem, the Whole
Chapter 4	The Nature of Resources and the Resources of Nature
	A Finite Planet
	The Laws of Thermodynamics
 Fund-service and Stock-flow Resources
 Rivalness and Excludability
 Goods and Services Provided by the Sustaining System
 Big Ideas to Remember
Chapter 5	Abiotic Resources 
	Fossil Fuels
	Mineral resources
	Water
	Ricardian Land
	Solar Energy
	Big Ideas to Remember
Chapter 6	Biotic Resources
	Ecosystem Structure and Function
	Renewable Resources
	Ecosystem Services
	Waste Absorption Capacity
	Big Ideas to Remember
Chapter 7	From Empty World to Full World
	Fossil Fuels
	Mineral Resources
	Water
	Renewable Resources: Structure and Function
	Waste Absorption Capacity
	Big Ideas to Remember
 Conclusions to Part II
Part III	Microeconomics
Chapter 8	The Basic Market Equation
	The Basic Market Equation
	What Does the Market Equation Mean?
	Monopoly and the Basic Market Equation
	Non-Price Adjustments
	Supply and Demand
	Big Ideas to Remember
Chapter 9	Supply and Demand
	Shift in Curve Versus Movement Along a Curve	
 Equilibrium P and Q, Shortage and Surplus
 Elasticity of Demand and Supply
The Production Function
 The Utility Function
 Big Ideas to Remember
Chapter 10	Market Failures
	Characteristics of Market Goods
	Interaction of Excludability, Rivalness, and Congestibility
 Open Access Regimes
 Excludable and Non-Rival Goods
 Non-Rival But Congestible Goods
 Pure Public Goods
 Externalities
 Missing Markets
 Summary
 Big Ideas to Remember
Chapter 11	Market Failures and Abiotic Resources
	Fossil Fuels
	Mineral Resources
	Freshwater
	Ricardian Land
	Solar Energy
 Big Ideas to Remember
Chapter 12	Market Failures and Biotic Resources
	Renewable Resource Stocks and Flows
	Renewable Resource Funds and Services
	Waste Absorption Capacity
	Biotic and Abiotic Resources: The Whole System
	Big Ideas to Remember
	Conclusions to Part III
Part IV		Macroeconomics
Chapter 13	Macroeconomic Concepts: GNP and Welfare
	A Troubled Marriage
	Gross National Product
	Sustainable Income
	Beyond Consumption-Based Indicators of Welfare
	Big Ideas to Remember
Chapter 14	Money
	Virtual Wealth
 Seigniorage
 The Fractional Reserve System
 Money and Thermodynamics
 Money as a Public Good
 Big Ideas to Remember
Chapter 15	Distribution
	Pareto Optimality
	Distribution of Income and Wealth
	Functional and Personal Distribution of Income
	Measuring Distribution
	Consequences of Distribution for Community and Health
	Intertemporal Distribution of Wealth
	Big Ideas to Remember
Chapter 16	The IS-LM Model 
	IS: The Real Sector
	LM: The Monetary Sector
	Combining IS and LM
	Exogenous Changes in IS and LM
	IS-LM and Monetary and Fiscal Policy
	ISLM in the Real World
	Adapting IS-LM to Ecological Economics
	Big Ideas to Remember
	Conclusions to part IV
Part V	International Trade
Chapter 17	International Trade
	The Classical Theory: Comparative Advantage
	Kinks in the Theory
	Capital Mobility and Comparative Advantage
	Absolute Advantage
	Globalization versus Internationalization
	The Bretton Woods Institutions	
 The World Trade Organization
	Big Ideas to Remember
Chapter 18 	Globalization
	Efficient Allocation
	Sustainable Scale
	Just Distribution
	Summary
	Big Ideas to Remember
Chapter 19	International Flows and Macroeconomic Policy
	Balance of Payments
	Exchange Rate Regimes
	Capital Mobility and National Policy Levers
	Economic Stability
	Big Ideas to Remember
	Conclusions to Part V
Part VI	Policy
Chapter 20 	General Design Principles for Policy
	Basic Rules
	Which Policy Comes First?
	Controlling Throughput
	Price versus Quantity as the Policy Variable
	Sink vs. Source
	Big Ideas to Remember
Chapter 21	Sustainable Scale
	Direct Regulation
	Pigouvian Taxes
 Pigouvian Subsidy 
 Tradable Permits 
Policy in Practice
Big Ideas to Remember
Chapter 22	Just Distribution
	Caps on Income and Wealth
	Minimum Income
	Distributing Returns from the Factors of Production
	Additional Policies
	Big Ideas to Remember
Chapter 23	Efficient Allocation
	Pricing and Valuing Non-Market Goods and Services
	Macro Allocation
	Spatial Aspects of Non-market Goods
	Redefining Efficiency
	Big Ideas to Remember
Conclusions
Glossary
Further Readings
Index
About the Authors
 

Library of Congress Subject Headings for this publication: Environmental economics