ESC 802
Environmental Economics (1 Unit)
Economics of water resources planning: Engineering economy; financial and economic analysis, Cost-benefit analysis and rate of turnover criteria, Cost models for water resources schemes, Tarification policy, Analysis of project returns. Systems analysis: Analysis of linear input-output systems, Identification of objectives, economic benefits, cost and decision variables, Application of systems analysis to problems of water resources engineering, and environmental management Optimization methods (linear programming, dynamic programming, simulation, Sensitivity analysis etc.)