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Textbook Site for:
Microeconomics , Fifth Edition
William Boyes, Arizona State University
Michael Melvin, Arizona State University
Economics W.I.R.E.D.
Chapter 18: The Land Market: Natural Resources and Environmental Policy


Key Concepts: Natural Resources, Environmental Problems, Public Polices

Environmental Protection Agency—Global Warming

Review the general background information outlined in the four sequential topic areas ("climate," "emissions," "impacts," and "actions") on global warming.
  • Explain why no nation is interested in taking the first and unilateral step of cleaning up the air (Hint: consider public goods).
  • Why are governments pressured to solve the global warming problem?
  • Visit the Econergy International Corporation (EIC). Click on "Our Services." Explain how a market-based solution to controlling greenhouse gas emissions is possible.




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