Grounded in economic theory, Environmental and Natural Resource Economics provides an introduction to environmental and natural resource issues and describes methods of addressing, understand, and even solve a wide range of natural resource problems. Using simple algebra and a basic understanding of microeconomic theory, it shows how the tools of economists can help design practical policy solutions to challenging environmental problems. The text is relevant, timely, and current–citing over 450 sources published since the year 2000.  Using an objective voice and a theory-based perspective, the author discusses future environmental policy options for our nation and our world.