Introduction:
Environmental Economics is an undergraduate course designed for TYBA students to understand the economic dimensions of environmental issues and sustainable development. The course examines the interrelationship between economic growth, natural resources, and environmental quality. It introduces key concepts such as externalities, market failure, resource depletion, and sustainable development. Students explore causes of environmental degradation, including population growth, industrialization, and urbanisation, with special reference to India and emerging economies. The course also covers environmental policies, economic instruments, and regulatory frameworks at national and global levels. Emphasis is given to contemporary issues such as climate change, biodiversity loss, pollution, the green economy, and the Sustainable Development Goals, enabling students to critically analyze environmental challenges and policy responses.
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