About the Book: Environmental Economics-Based on Choice Based Credit System CBCS
for Undergraduate and Postgraduate Courses and NTA UGC-NET
Environmental economics is a branch of economics which deals with the
inter-relationships between environment and development. Economic activities of
human beings have a profound impact on natural environment. Hence, use/abuse of
natural resources has raised many moral, legal and practical questions for
present and future generations. Presently, many governments require cost-benefit
analysis of policy options with regard to changes in environmental legislations
by resetting environmental standards and introducing new policy instruments for
environmental protection. Environmental economics has also made significant
contributions to valuation techniques and design of new