Providing a broad-based background for analysing economic policies, this textbook brings economic rationality to political decision making.

G. Cornelis Van Kooten is Canada Research Chair in Environmental Studies and Climate and a professor in the Department of Economics at the University of Victoria.

"Van Kooten provides a tour de force, drawing on applied welfare analysis and political economy to comprehensively tackle farm and forestry policy and international trade issues, including inter-temporal climate change. Complex concepts are clearly explained and illustrated, always with an eye to intended effects and opportunity costs. This book will stimulate a generation of graduate students, while the key arguments are equally accessible to current policy practitioners."

Justus Wesseler, Chair of Agricultural Economics and Rural Policy Group, Wageningen University:

"This is an excellent textbook for applied welfare analysis written by one of the leading scholars in the field. G. Cornelis van Kooten summarizes the broad knowledge he has accumulated over his impressive career as a leading scholar in the field. The book is written accessibly and will be useful as a source for courses at the bachelor level, but also serve as an excellent reference for policy makers and other stakeholders that want to refresh some of their knowledge."

Jill E. Hobbs, Professor of Agricultural and Resource Economics, University of Saskatchewan:

"Applied Welfare Economics, Trade, and Agricultural Policy Analysis is a refreshing treatment of agricultural and trade policy analysis through an economics lens. In rich detail, the book covers topics such as social cost-benefit analysis, externalities and nonmarket valuation, international trade policy, agricultural support policies, agricultural business risk management, and climate change This book is a must-read for students and policy makers interested in deepening their understanding of the application of welfare economics to agricultural and land-use policy."