This book explores the great knowledge of Environmental Economics in systematic and lucid manner. Contains of this book a wealth of information about each and every aspect of Environmental Economics. The reader will find that each topic has been discussed with clarity, followed by point-wise recapitulation. The present edition of the book, which is designed to bridge the gap between theory and application. The book provides an exhaustive and critical account of the various aspects of this important subject. It places current development in the field of agricultural.