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Env.401: Concepts of Ecology & Biodiversity: -

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Unit II : Environmental Economics : Definition and scope. Interlink age<br />

between economy and environment. Circular flow diagram. <strong>Concepts</strong> <strong>of</strong><br />

spaceship earth, material balance and eutropy law.<br />

Unit III : Theories <strong>of</strong> Environmental economics :- Economic growth and<br />

environment - limits to growth model. Market failure, Externalities and<br />

public goods. Optimum level <strong>of</strong> pollution. Polluter pays principle. Pollution<br />

taxes Vs direct controls. Cost benefit analysis <strong>of</strong> the environmental<br />

amenities, direct and indirect methods, limitations, Green accounts. Concept<br />

<strong>of</strong> sustainable development<br />

Unit IV :- Sustainable economic development and economics <strong>of</strong><br />

environment in the context <strong>of</strong> SAARC countries. Economics <strong>of</strong> minerals<br />

production in India. Willingness to pay and accept compensation, Use,<br />

option, Existence and Bequest value, Tax on emissions, Tradable pollution<br />

permits.<br />

Unit V : Sustainable development, economic development and the<br />

environment :- Sustainability; a neo-classical view; an ecological view.<br />

Environmental degradation in developing countries; biodiversity loss;<br />

poverty and growth; sustainability and policy; ending subsidies; establishing<br />

poverty rights; resources conservation debt right; Economics <strong>of</strong><br />

conservation; Natural and environmental resources capacity; significance <strong>of</strong><br />

ecological processes; limits to growth; the thrust <strong>of</strong> ecological economics;<br />

investment in natural capital; India’s development in an ecological<br />

perspective.<br />

* Current development in the subject:-<br />

Env. 508: Environmental Disasters and Risks : Planning and<br />

Management<br />

Unit I: Fundamentals <strong>of</strong> Disasters :- Introduction, Accidents, Nature,<br />

Humanity and Development, Disruption <strong>of</strong> Development by Disasters, Loss<br />

<strong>of</strong> Resources, Interruption <strong>of</strong> Programmes, Impact on investment climate,<br />

impact on non-formal sector, political destabilization. Fundamentals <strong>of</strong><br />

disasters, characteristics <strong>of</strong> disasters, united nations and disasters. The

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