Corals and coral reefs are seriously degraded in most tropical seas. Most of the damage is due to over-exploitation and the use of destructive fishing methods. Recently climate change has posed a major threat to the survival of corals. This collection of essays presents a number of case studies on the economic analysis of coral reefs. The authors, some of the top experts in the field, are from academia, industry, international and non-governmental organisations, local and central governments.