Recent years have witnessed considerable consolidation between the disciplines of environmental and ecological economics at research level, but until now textbooks in the area have done little to reflect this. Ahmed Hussen's book is to date the only one to reconcile the two standpoints. The central focus of the book will continue to be on this systematic integration of both mainstream and ecological approaches to environmental economics, and an acknowledgement that enduring solutions to major contemporary environmental challenges can be obtained through studies based on a well-conceived and balanced interdisciplinary approach. However, this third edition also contains much that is new. Chiefly, brand new chapters appear covering the following topics: The economics of climate change The economics of biodiversity and ecosystem services 'Green' accounting and alternative economic and social indicators of sustainability The business case for environmental sustainability An Appendix that provides a brief historical account of the development of ecological economics The result is a comprehensive introduction to the main facets of environmental and ecological economics - a text that boldly refuses to put up barriers between disciplines and takes a holistic approach to vital issues. This student-friendly textbook contains a variety of study tools including learning points, boxed features, case studies, revision questions and discussion questions, and an Appendix that provides students with a review of basic economic principles relevant to the study of the environment and its management. Written in a clear and accessible style, this book will prove an excellent choice for introducing both students and academics to the world of environmental economics.