This book is a comprehensive treatise on environmental economics with special focus on environmental policy and management. Useful as a textbook at the graduate and post-graduate levels, this volume primarily caters to the needs of students, teachers, researchers, environment managers and policy makers in India. A balanced blend of theory and practice, it outlines the basic concepts, theories, tools and techniques of environmental economics, which not only enables its readers to diagnose the root cause of environmental problems and identify practicable solutions, but also facilitates in the design of environmental policy and management strategies. Some of the important features of this book are: - innovative synthesis of concepts, ideas and theories - presentation in a simple, easy-to-comprehend language and style - illustrations and examples from real life situations - latest available research data on various environmental problems including global warming, acid rain and depletion of the ozone layer - a special focus on environmental policy and management