Ashoka University’s undergraduate course curriculum is taught across three semesters: Spring, Summer and Monsoon (Fall). Courses are broadly divided into three categories – Foundation Courses (core curriculum), Major & Minor Courses and Co-Curricular Courses.
You may search courses offered at Ashoka here. Please use the drop down menu to choose the specific semester and subject to see the full list of courses under each department. Foundation courses are offered in all semesters and do not have prerequisites. Offerings in other categories differ in each semester. Some higher level major/minor courses may have prerequisites.
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The first part of the course will focus on showing how neoclassical welfare theory forms the basis of the normative criteria that are used to distinguish market and policy-influenced outcomes for the provision of environmental goods and services. From a theoretical perspective, most contemporary topics in environmental economics characterize the failure of the first welfare theorem, missing markets, externalities, and the nature of public goods in the provision of environmental goods. In this context, the interventionist approach using the Pigouvian paradigm, in contrast to the non-interventionist Coasian paradigm will be discussed to achieve efficient allocation of resources. Additionally, a simple analytical model describing pollution damages in monetary units, the cost of pollution prevention, and the characteristics of an efficient allocation of pollution emissions will be used to describe the menu of environmental policy instruments (such as tradable permit schemes) and their comparative properties. Lastly, we will focus on the role of uncertainty in terms of regulator’s inability to fully observe aggregate pollution damage and abatement cost functions, i.e., these functions are estimated by the regulator (inevitably with error) and its extent to influence the performance of different regulatory approaches.
The second part of the course will focus on conceptual and pragmatic understanding in discussing the current dialogue on environmental protection and restoration. Mass movement following the constitution of the United Nations Framework Convention on Climate Change and the formal meeting of the UNFCC parties (Conference of the Parties, COP) for environmental protection (based on the targets of adaptation and financing) is anchored in the understanding of environmental valuation techniques that provide input into national accounts and policy reforms that are required to channel funds for environmental protection. The focus will be on learning the environmental valuation techniques in general and revealed preference methods and stated preference methods in particular. Practicals in the second part of the course will be conducted with datasets from the field of environmental valuation with the learning objectives and outcomes of making the students adept at using valuation techniques. The analysis will be conducted using STATA software.