M.A in Environmental Economics

Meaning of Environment & Ecology, Significance of Environmental balance, Role of Economics in Environment, Nature of
Environmental Economics.
Model of Market Failure- Environmental Problems -A market failure.
Environmental Quality. A public good. Environmental Problems.
Externalities- Positive & Negative.
Conventional Solutions to Environmental Problems: The Command and control Approach, Economic Solutions to Environmental
Problems: The Market Approach, Pollution charges, Environmental Subsidies Deposit/Refund System, Pollution Permit Trading
System.
Assessing Benefits for Environmental Decision Making.
Relation between Environment, Economic development and Population growth. Environmental Law and their implementation.
Carbon Trading, Kuto-Protocol.