Environmental Eco SYLLABUS

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204: ENVIRONMENTAL ECONOMICS

Course Objective: This course aims to provide exposure to the students about the basic concepts
and importance of natural resource management. The students would be able to appreciate the
urgency for protection, nurturing and management of Natural Resources.

Syllabus

1. The Economy and the Environment: Neo Classical perspective, Ecological perspective.
2. Sustainable Development: Concepts, Theories and Principles of Sustainable
Development.
3. Externalities: Public Goods, Market Failure, Property rights.
4. Economic incentives for Environmental Protection: Market Based Instruments,
Command and Control, Marketable permits, Alternative approaches.
5. Environment Impact Assessment Valuation Techniques: Stated Preference approaches,
Surrogate Market approaches, Conventional market approach, Household production
function approach.
6. Climate Change &Ecosystem services:Ecosystem function, Kyoto Protocol and other
International Agreements
7. Environment Policy of India: Objectives and Implementation
8. Environment Management in Business Firm: Life Cycle assessment, measuring
environmental performance, Strategic Environmental Management as Competitive
Strategy.

Reading list

1. Brady, John (2006). Environmental Management  in organizations, Earthscan Pub.


2. Bromely, Daniel E The Handbook of Environmental Economics
3. Connor, Robin and Stephen, Dovers (2004). Edward Institutional Change for
Sustainable Development, Edward Elgar Publishing.
4. Folmer, Henk, Hlandis Gabel and Hans Opschoor (1997). Principles of Environmental
and Resource Economics, Edward Elgar Pub
5. Hanley, Nick, Jason F Shogren& Ben White, (2008).  Environmental Economics,
Macmillan.
6. Hart, Staurt L (1997).  Strategies for Sustainable World, Harvard  Business Review.
7. Hussan, Ahmed M (2004).  Principles of Environmental Economics, Routledge
Publication.
8. James, David. Application of Economic Techniques in Impact Assessment.
9. Kerr John, M, Marothia, Dinesh K, Singh, Katar, Ramaswamy, C and Bentaly, William
R (1997). Natural Resource Economics, Oxford & IBH Publication.
10. Pearce, David, Giles Atkinson and Susana Mourato (2006). Cost –Benefit Analysis and
Environment, Earthscan Pub.
11. Roger, Perman (1995). Natural Resources  and Environmental Economics, Longman
Publication.
12. Richard, Welford The Context of Corporate Environment Management.
13. Therivel, Riki (2004). Strategic Environmental Assessment in Action, Earthscan
Publication.

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