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Quick Facts

Medium Of InstructionsMode Of LearningMode Of Delivery
EnglishSelf StudyVideo and Text Based

Course Overview

The endless debates on economic development and its impacts on our environment have forced us to study its complexities over the years. Thus, the Introduction to Environmental Economics course by Swayam helps us understand the environmental systems, complexities of economy, and economic activities. 

The Introduction to Environmental Economics certification syllabus covers the key concepts of economics and the environment. The curriculum includes economic growth and developmental linkage, environmental regulations policy consisting of the economics of pollution, governing the commons, ecological values, and non-market valuations, and more. This AICTE course falls in the humanities and social sciences category and is for undergraduate and postgraduate students alike. 

Introduction to Environmental Economics online course is taught by Dr. Diptimayee Nayak and Prof SP Singh from IIT Roorkee, with a wide range of academic experience. The training helps candidates gain a better perspective on taking care of our environment and creating economic policies. Students understand how the safety of environmental and economic development can go hand-in-hand.

The Highlights

  • 12-week course
  • Fully online course 
  • AICTE approved course
  • Certificate on completion 
  • Undergraduate/Postgraduate level 
  • Weekly assignments
  • Free course 
  • Elective course type 
  • Final Examination

Programme Offerings

  • Undergraduate/Postgraduate level
  • 12-week course
  • Final examination
  • Fully online Course
  • Elective course type
  • AICTE Approved course
  • free course
  • certificate on completion
  • Weekly Assignments

Courses and Certificate Fees

Fees InformationsCertificate AvailabilityCertificate Providing Authority
INR 1000yesIIT Roorkee
  • Candidates must pay a course fee of Rs 1,000 to complete the Introduction to Environmental Economics online course with a certificate. 

The Introduction to Environmental Economics fee structure 

Course option

Fee 

Introduction to Environmental Economics (Audit only)

Free

Introduction to Environmental Economics (With certificate)

Rs 1,000


Eligibility Criteria

Candidates who wish to pursue the Introduction to Environmental Economics online program can do so irrespective of their educational or work background. 

Certificate Qualifying Details

To be eligible for a certificate, candidates must turn in all the weekly assignments, attempt the final examination, and secure an average passing percentage as given in the Swayam platform. The passing average for weekly assessments is 25% and for the final examination is 75%.

What you will learn

Knowledge of Environmental Science

Upon completing the Introduction to Environmental Economics certification syllabus, candidates will gain expertise in the following:

  • All about environmental economics 
  • Understanding ecological economics and natural resource economics 
  • Understanding collective actions problem 
  • All about poverty, environment, and economic growth 
  • Understanding consumer demand for environmental goods
  • All about the command and control approach 
  • Understanding environmental regulations  

Who it is for

The intended audience for the Introduction to Environmental Economics certification course is BE/M Sc/ B Tech students. Professionals interested in understanding more about the economic regulations and their impact on the environment may also join.


Admission Details

Interested learners must register for the Introduction to Environmental Economics program by Swayam in the following manner: 

  • Go to Swayam’s website: https://swayam.gov.in/  
  • Enter the course name, “Introduction to Environmental Economics” on the search bar and click on it from the drop-down menu.  
  • Click on the “Join” button, on top of the course page, and move to the account creation page. 
  • Candidates can sign up on the platform with their existing email IDs or create a new one.   
  • Once registration is submitted, a verification email will be sent. Upon successful verification, candidates can access the course.

Application Details

Introduction to Environmental Economics training participants need not fill any application form. However, they must register on Swayam’s official website by either signing up using their existing Google, Microsoft, or Facebook IDs or by creating a new account using their name, email id, and password.

The Syllabus

  • Meaning
  • Definition and Relevance of Environmental Economics
  • Basic Concepts and Tools from Microeconomics and Welfare economics
  • Comparison with Other Sub-disciplines like  Ecological Economics and Natural Resource Economics
  • Major Problems and Key Concerns of Environmental Economics
  • Commons and Collective Actions Problem - Seminal Theories (Part-1)

  • Commons and Collective Actions Problem - Seminal Theories (Part-2 & 3)
  • Mancur Olson's Theory of Collective Action
  • Collective Action and Prisoner's Dilemma Game
  • Governing the Commons -  The Evolution of Institutions for Collective Action (Part-1)

  • Governing the Commons - The Evolution of Institutions for Collective Action (Part-2)
  • Environmental Goods and Ecosystem Services
  • Ecological Footprints

  • Environment, poverty, and economic growth linkages – Environmental Kuznets Curve

  • Environmental sustainability
  • Environmental performance index 
  • Benefit-cost analysis

  • Consumer demand for environmental goods and welfare effects of price change
  • Values
  • Environmental Values and Non-market Valuations - Revealed Preference Methods (Part-1)

  • Non-market valuations and Environmental Values - revealed preference methods (Part-2) 
  • Stated preference methods  

  • Market-efficiency, Optimality, Consumers and Producers Surplus

  • Optimal Provision of public Goods and Bads
  • Externality and Market Failure
  • Pigouvian Fee  

  • Property Rights and Coase Theorem
  • Environmental Regulation and Basic Regulatory Instruments - Introduction

  • Command and Control Approach
  • Environmental Regulations and Basic Regulatory Instruments-Market-based Instruments/Approaches (Part 1 & 2)

  • Environmental Regulations and Basic Regulatory Instruments-Market-based Instruments/Approaches (Part 3 & 4)
  • Environmental Regulation and Basic Regulatory Instruments-Market Trading Systems

Evaluation process

Eligible for a certificate, candidates must turn in all the weekly assignments, attempt the final examination, and secure an average passing percentage as given in the Swayam platform. The passing average for weekly assessments is 25% and for the final examination is 75%.

Instructors

IIT Roorkee Frequently Asked Questions (FAQ's)

1: Do I receive a certificate upon free auditing of the course?

No. The certification is not provided if the candidate opts for free auditing.

2: What is the level of the Introduction to Environmental Economics program?

The Introduction to Environmental Economics program is for both undergraduate and postgraduate students.

3: What is the Environmental Economics course duration?

The entire course is for 12 weeks. 

4: What subject category does the course fall under?

The course falls under the subject category of humanities and social sciences.

5: Do I receive mentorship during the course?

No. Candidates do not receive any mentorship during the course. 

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