The main aims of this course are to identify and analyze the key issues confronting economies and economists in attempting to reconcile economic growth with environmental and ecological constraints. The aim also includes demonstration of the use of economic theory in analyzing contemporary environmental issues and in the formulation of policy. The course covers market failure, the economics of pollution control, market-based instruments, environmental cost-benefit analysis, environmental valuation, the environment and the economy, global environmental problems, and other topics. Students will apply economic approaches to analyze policy options to better manage the environment at both the local and global levels.

Learning outcomes

Upon successful completion, students will have the knowledge and skills to:

1) Have a detailed understanding of the discipline of environmental economics, including its key principles and methods.
2) Be able to use economic techniques to analyse environmental problems and to assess environmental policies.
3) Have developed research skills in the field of environmental economics.

      Recommended Books

  1. Field, B.C and M.K Field.(2016). Environmental Economics: An Introduction ,7th Ed.( New York: McGraw Hill).
  2. Hussen A. (2003) Principles of Environmental Economics and Sustainability,4th Ed.( Routledge Publishers).

Suggested Books

  1. Baker Steve. (2003). Environmental Economics, New Delhi (Dominant Publisher and Distributors)

Description of the System of Evaluation (Exam, assignments etc.):

Mid Term: 30 marks

Sessional: 20 marks

  • Project: 25%
  • Presentation: 25%
  • Participation: 25%
  • Attendance 25 %

Final Exam: 50 marks

Class Timings:  

For Regular Class               Monday     (11.00 AM to 12.30 PM )

                                            Tuesday     (11.00 AM to 12.30 PM )

For Self Support Classes    Monday     (2.30 PM to 4.00 PM )

                                            Tuesday     (1.00 PM to 2.30 PM )

Course Material