Environmental Economics

By PROF. RAVINDRA KUMAR . B | DOS in Economics and Research Tumkur University

Learners enrolled: 646

This course is developed to teach Environmental economics to understand the fundamental concepts, subject matter, nature and scope of environmental economics and key environmental issues and problems.

The objective is to develop a good understanding of market failure and externalities, Pareto efficiency, maximum social welfare and perfect competition, measures to control pollution and externalities, Pigouvian tax and subsidies, Compensation criterion, social choice and justice, property rights and Coase theorem.

The purpose of this course is to provide students with a basic understanding of the cost of environmental growth and environmental degradation, sustainable policy approach to check environmental degradation, sustainable development approaches, green accounting, methods of environmental valuation, Environmental concerns like climate change: global warming, ozone depletion and Bio-diversity loss, policy instruments for environmental protection, environmental education , environmental awareness, environmental laws, environmental hazards and disaster management, environmental risk analysis and uncertainty, economics of recycling and waste management.

Environmental economics is a discipline of economics that focus on economic effects of environmental policies around the world. It is a science focus on natural resources and efficient allocation, management including alternatives, environmental policies and environmental damages such as air, water soil pollution, solid waste management, and global warming etc.

The relationship between the economy and the environment that places in context many of the activities undertaken by environmental economists, in particular, environmental policy design and implementation.

The model we develop draws attention to some of the key relationships between the economy, the environment, and the varying importance attached to these relationships by the environmental economics profession.

This is an exciting field of economics to study, and very much at the heart of many public debates and controversies.

Summary

Course Status :	Completed
Course Type :	Elective
Duration :	12 weeks
Category :
Credit Points :	4
Level :	Undergraduate
Start Date :	18 Jan 2021
End Date :	30 Apr 2021
Enrollment Ends :	28 Feb 2021
Exam Date :

Page Visits

Course layout

Course Layout
Week – 1

1.Fundamental concept of environmental economics

2.Meaning and subject matter of environmental economics

3.Nature and scope of environmental economics

4.Key environmental issues and problems

Week – 2

5.Market failure and externalities

6.Pigouvian taxes and subsidies

7.Pareto efficiency / optimality

8.Property rights and Coase theorem

Week – 3

9. WTO and Environmental issues

10.Environmental Kuznets Hypothesis

11.Approaches to the allocation of public goods and Tradable permits

12.Environmental quality : AIR, WATER, FOREST, LAND

Week – 4

13.Non market values and measurement methods

14.Sustainable policy approach to check environmental degradation

15.Cost benefit analysis of environmental regulations

16.Limits to growth and Social limits to growth model

Week – 5

17.Economics of Recycling and waste management

18.Sustainable development rules and principles

19.Green marketing and clean technology

20.Methods of environmental valuation

Week – 6

21.Poverty and environment

22.Land degradation and environment

23.Bio-Diversity conservation and environment

24.Environmental management systems and environmental auditing

Week – 7

25.Integrated environmental and economic accounting

26.Role of information in the health of the Environment

27.Policy instruments for environmental protection

28.Environmental education

Week – 8

29.Environmental laws in India

30.Economic approach and ecological approach

31.Environmental hazards and disaster management

32.India's Environmental Policy and Legislation

Week – 9

33.International environmental policy

34.Environmental Risk Analysis

35.Women, environmental human rights and ethics

36.Environmental pollution and policies

Week – 10

37.Air pollution and climate change

38.Pollution of water resources and their management

39.Deforestation and extinct of bio diversity

40.Economics of climate change

Week – 11

41.Risk Assessment and perception in Environmental Economics

42.Inter linkages between environment and e-governance

43.Waste (e- waste) management and environmental issues

44.Population, human health and environment linkages

Week – 12

45. Health, Safety and Environmental (HSE) modern practices

46. Agro Economics and Environmental Science

Books and references

1. J.P. Sharma, 2011. Environmental Studies. University Science Press.

2. P.D. Sharma, 2009. Ecology and Environment. Rastogi Publications.

3. Masters, Gilbert M, 2008. Introduction to Environmental Engineering and Science.PHI publication.

4. Asthana D. K. , Meera asthana, 2019. A Textbook of Environmental Studies. S Chand & Co Ltd.

5. Shashi Motilal, Bijayalaxmi Nanda, 2006. Human Rights, Gender and Environment Allied Publishers

6. Rajagopalan R, 2015. Environmental Studies. OUP India

Instructor bio

PROF. RAVINDRA KUMAR . B

DOS in Economics and Research Tumkur University

Prof. Ravindra Kumar. B, Course coordinator is serving as Professor of Economics at the DOS in Economics and Research Tumkur University, Tumkur University, Tumkur , Karnataka – 572 103. He had 28 years of teaching, research and administrative experience. He developed curriculum for Master Degree courses, taught computer applications, conducted a dozen major projects and participated in hundreds of academic ventures, in several institutions.

Course certificate

Assessment/Assignment marks will be considered for Internal Marks and will carry 30 percent for overall Result.

End Term Exam- will have 100 questions and will carry 70 percent of overall Result.

*All students, who obtain 40% marks in in-course assessment and 40% marks in end-term proctored exam separately, will be eligible for certificate and credit transfer.

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