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Environmental Economics is the study of environmental policies and how they affect the economic decision making within a local or national economy. Policies with regard to allocation of natural resources like land, water, mineral resources, coal beds, waste management and disposal, environmental sustenance measures etc. Market failure, externality, non-exclusion of common property considerations etc. are some of the conceptual concerns of the subject. Since it is a relatively new branch of economics, there are very few reliable sources of information available for students engaging with the subject. They often have to make do with less than authentic resources. Even books on the subject can be out of date and unacquainted with the latest developments in the field. The result is that the academic ability of students with respect to the subject degrades substantially or is at best stunted to the limits imposed by the spurious reference sources.
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