Synopsis This text gives a simple and lucid exposition of the basic concepts, principles and practices of environmental economics and presents the accomplishments of some latest thinking and research in this field of study. This book contains cases to reinforce the key concepts and to provide a deeper insight into contemporary practices. This book will serve as a standard text for college and university students in disciplines of economics, environmental scientists and engineers, management, commerce and business studies and MBA students of institutes of management. The present publication would hopefully be a welcome addition to the rather meager literature in this vital area".