<P>Now in its fourth edition, <I>Natural Resources and Environmental Economics</I>, provides comprehensive and contemporary analysis of the major areas of natural resource and environmental economics. </P> <P>All chapters have been fully updated in light of new developments and changes in the subject, and provide a balance of theory, applications and examples to give a rigorous grounding in the economic analysis of the resource and environmental issues that are increasingly prominent policy concerns. </P> <P>This text is suitable for second and third year undergraduate and postgraduate students of economics. </P>