Environmental Economics [ECON 039]

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DSE 9 : Environmental Economics [ECON 039] for Economics (H) Semester V 

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The DSE 9 : Environmental Economics [ECON 039] Course for BA (Hons) Economics Semester V, Delhi University has been taught by Mr. Dheeraj Suri. The Video Lectures are based upon the books prescribed by the University of Delhi. The Duration of Video Lectures is approximately 55 Hours.

Access of Video Lectures is provided on any one of the following devices:

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till end of Semester V Exams.

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You will get :

ā–ŗFull Course Video Lectures

ā–ŗVideo Lectures Cover Theory Portions Exhaustively + Complete Solutions of Back Questions of Readings + Solutions of Previous Years Papers + Large Number of Numericals

ā–ŗComplete Study Material (PDF Notes) which includes Concepts, Previous Year Questions, Numerical Questions, MCQ’s and Important Questions

ā–ŗLive Online Doubts Sessions with Expert Faculty (at least twice a week) for resolution of Doubts

ā–ŗOnline Discussion Forum to Post Your Queries to Discuss with Faculty & other fellow Students

ā–ŗMock Tests at the Website for regular assessment and progress tracking

ā–ŗComprehensive Coverage of Syllabus and Exam Oriented Preperation

This online coaching platform aims to provide a supportive and engaging learning environment for students to achieve academic success and excel in their Economics Honours program.

Demo Lectures for Environmental Economics

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Exam Pattern for Environmental Economics

The Question Paper will be of 90 Marks

ā–ŗMarks distribution in the Question paper be maintained in proportion to the lectures allocated to the topics.

ā–ŗStudents should be asked to answer 5 questions out of 7 to 8 questions, each of 18 marks.

ā–ŗEach question must have two parts, part a and part b. Within each part, multiple parts may be avoided to maintain less lengthy question papers.

ā–ŗOne of the choices of the questions must contain a short note where students have to choose three parts out of 5 to 6 sub-parts. Each three-part will carry 9 marks each.

Recommended Readings

ā–ŗCharles Kolstad. Intermediate Environmental Economics, Oxford University Press, 2nd edition (2012).

ā–ŗState of the Environment Report, 2015

ā–ŗDon Fullerton and Robert Stavins (1998) “How Economists see the environment?”, NATURE, Vol. 395, Oct 1, 1998, pp. 433-434

ā–ŗSchmalensee, Richard and Robert N. Stavins (2017). ā€œThe design of environmental markets: What have we learned from experience with cap and trade?ā€ Oxford Review of Economic Policy, Vol. 33, No. 4, pp. 572-588.

ā–ŗBlackman, Allen, Li, Z., and Liu, A. A. (2018). ā€œEfficacy of command-and-control and marketbased environmental regulation in developing countries,ā€ Annual Review of Resource Economics, Vol. 10, pp. 381-404

ā–ŗJonathan Harris and Brian Roach (2018). Environmental and Natural Resource Economics: A Contemporary Approach, Routledge. Chapters 12, 13.

Course Content of our Video Lectures

Lectures are Strictly as per Latest Syllabus for UGCF 2024

Unit I : Introdution to Environment Economics

Chapter 1 : Economics and the Environment

Number Video Lectures : 3

Duration of Video Lectures : 120 Minutes

Based Upon Chapter 1 Kolstad

Topics Covered

ā–ŗEnvironmental Economics,

ā–ŗThe Quality of the Environment,

ā–ŗEnvironmental Regulation,

ā–ŗThe Costs of Environmental Protection,

Chapter 2 : Making Societal Choices

Number Video Lectures : 3

Duration of Video Lectures : 165 Minutes

Based Upon Chapter 3 Kolstad

Topics Covered

ā–ŗIndividual Preferences Regarding environmental Protection, Biocentrism, Anthropocentrism, Precautionary Principle, Sustainability,

ā–ŗSocial Choice from Individual Values, Social Welfare Function,

ā–ŗThree Examples,

Chapter 3 : Welfare & Markets

Number Video Lectures : 3

Duration of Video Lectures : 140 Minutes

Based Upon Chapter 4 Kolstad

Topics Covered

ā–ŗPareto Efficiency,

ā–ŗEfficiency & Competitive Markets,

ā–ŗSupply, Demand & Efficiency,

Chapter 4 : How Economists See Environment

Number Video Lectures : 1

Duration of Video Lectures : 40 Minutes

Based Upon Chapter 1 Stavins

Topics Covered

ā–ŗMyth of the Universal Market, Myth of Market Solutions,

ā–ŗMyth of Efficiency,

Chapter 5 : State of the Environment Report

Number Video Lectures : 1

Duration of Video Lectures : 40 Minutes

Based Upon Chapter 1 Stavins

Topics Covered

ā–ŗM,

Unit II : Design and Implementation of Environmental Policy

Chapter 6 : Basic Environmental Regulation

Number Video Lectures : 3

Duration of Video Lectures : 100 Minutes

Based Upon Chapter 11 Kolstad

Topics Covered

ā–ŗRationale for Regulation,

ā–ŗBasic Regulatory Instruments,

ā–ŗSpatial & Temporal Complications,

ā–ŗIssues in Environmental Regulation,

Chapter 7 : Pricing Emissions

Number Video Lectures : 5

Duration of Video Lectures : 200 Minutes

Based Upon Chapter 11 Kolstad

Topics Covered

ā–ŗResponse to Emission Fees,

ā–ŗPigovian Fees,

ā–ŗFees vs Subsidies,

ā–ŗImperfect Competition,

Chapter 8 : The Design of Environmental Markets

Number Video Lectures : 2

Duration of Video Lectures : 61 Minutes

Based Upon Richard Schmalensee & Robert Stavins

Topics Covered

ā–ŗCap & Trade System,

Chapter 9 : Command & Control

Number Video Lectures : 1

Duration of Video Lectures : 21 Minutes

Based Upon Allen Blackman, Z. Li and A. A. Liu

Topics Covered

ā–ŗHeuristic Model,

ā–ŗChallanges in Evaluating Environmental Regulatory Efficacy,

Unit III : Measuring the Benefits of Environmental Improvements

Chapter 10 : Demand for Environmental Goods

Number Video Lectures : 2

Duration of Video Lectures : 75 Minutes

Based Upon Chapter 7 Kolstad

Topics Covered

ā–ŗWillingness to Pay,

ā–ŗTypes of Environmental Goods,

ā–ŗMeasuring Demand,

ā–ŗRevealed Preference & Restricted Demand,

ā–ŗWillingness to Pay vs Willingness to Accept,

Chapter 11 : Revealed Preference

Number Video Lectures : 2

Duration of Video Lectures : 61 Minutes

Based Upon Chapter 8 Kolstad

Topics Covered

ā–ŗHedonic Price Theory,

Chapter 12 : Stated Preferences

Number Video Lectures : 1

Duration of Video Lectures : 32 Minutes

Based Upon Chapter 10 Kolstad

Topics Covered

ā–ŗStated Preferences,

Unit IV : International Environmental Problems

Chapter 13 : Global Climate Change : Science & Analysis

Number Video Lectures : 3

Duration of Video Lectures : 100 Minutes

Based Upon Chapter 12 jonathan Harris & Brian Roach

Topics Covered

ā–ŗCauses & Consequences of Climate Change,

ā–ŗResponses to Global Climate Change,

ā–ŗEconomic Analysis of Climate Change,

Chapter 14 : Global Climate Change : Policy Responses

Number Video Lectures : 5

Duration of Video Lectures : 163 Minutes

Based Upon Chapter 13 jonathan Harris & Brian Roach

Topics Covered

ā–ŗAdaptation & Mitigation,

ā–ŗEconomic Policy Options,

ā–ŗThe Technical Challange,

ā–ŗA Policy in Practice,

ā–ŗEnvironment & Equity,

End of Syllabus

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[ Environmental Economics ] Syllabus as Prescribed by DU

Economics (H) Semester V [ UGCF 2024 ]

Video Lectures, PDF Notes, Mock Tests & Live Doubt Sessions are offered for the following Subjects for BA (Hons) Economics Semester V, Delhi University

ā–ŗGame Theory & Strategic Interactions (ECON 013)

ā–ŗEconomic Growth & Business Cycles (ECON 014)

ā–ŗIntroductory Deevlopment Economics (ECON 015)

ā–ŗTheory of Public Finance (ECON 061)

ā–ŗMoney & Banking (ECON 062)

ā–ŗIntroduction to Comparative Economic Development (ECON 064)

ā–ŗPrinciples of Microeconomics – II (ECON 027)

ā–ŗCorporate Finance, Governance & Development (ECON 067)