DSCECO301

Assam University

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Environmental Economics
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January 2026

2025/2026
Unit 1: Introduction Concept, nature and scope of environmental economics, subject matter, ecology–economy interaction, externalities, market failure, Pareto optimality, Coase theorem, and property rights. Unit 2: Pollution Abatement and Environmental Policy Pigouvian taxes, effluent fees, allocation of public goods, tradable pollution permits, choice between taxes and subsidies, market-based instruments versus command-and-control approaches. Unit 3: Climate Change and Sustainability...
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