पर्यावरणीय अर्थशास्त्र एवं आर्थिक संवृद्धि एवं विकास (Environmental Economics and Economic Growth and Development) Syllabus For B.Com. Vth Semester of Mahatma Gandhi Kashi Vidyapith University, Siddharth University Kapilvastu, Mahatma Jyotiba Phule Rohilkhand Bareilly University

PART-I

Unit I : Introduction : Key environmental issues and problems, economic way of thinking about these problems, basic concepts from economics; Pareto optimality and market failure in the presence of externalities; property rights and other approaches.
Unit II : The Design and Implementation of Environmental Policy : Overview, Pigouvian taxes and effluent fees, tradable permits, implementation of environmental policies in India and international experience; transboundary environmental problems; economics of climate change.
Unit III : Environmental Valuation Methods and Applications : Valuation of non-market goods and services-theory and practice; measurement methods; cost-benefit analysis of environmental policies and regulations.
Unit IV : Sustainable Development : Concepts; measurement; perspectives from Indian experience.

PART-II

Unit V : Meaning and Measurement of Economic Growth and Development : Measuring Development and Development Gap, GDP, GNP, Per Capita Income, Factors affecting Economic growth and Development.
Unit VI : Concept of Poverty and Inequality, Vicious cycle of poverty, Lorenz Curve, Gini Coefficient Concept of Human Development, Human Development Index, Physical Quality of Life Index, Quality of Life Indices. Hunger Index, Happiness Index, Development and Sustainability.
Unit VII : Lewis model of labour surplus economy, Rosentein Rodan’s theory of Big Push, Nelson’s Level equilibrium trap, balanced vs Un-balanced growth, Rostow’s stages of growth, Harrod and Domar Growth models.
Unit VIII : International aspects of economic development; International trade, FDI, FII, Regional co-operation (SAPTA, NAFTA, SAARC, BRICS etc.), WTO and developing countries.

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