Internal Assessment Exam Environmental Economics 2012

Time: 2:00 hours                                                                                                      Maximum Marks: 20

Attempt any four questions. All questions carry equal marks.

1. Write short notes on any two:                                                                                               2 ½  * 2

a)      EKC

b)     IEEA

c)      Demographic Theory of Transition of population growth

d)     Rio Summit and its Global Environmental Implications

2.   Critique various concepts of sustainability. How does Hartwick saving rule explain the concept of sustainability?                                                                                                                            5

3. Present an outline of the functioning of environment describing the economy – environment interdependence.                                                                                                                             5
4. Discuss the indicators of sustainable development to capture all aspects of ecological and environmentalchange.                                                                                                                      5
5. Define bio-diversity. Describe various instruments used for the conservation of biodiversity.                                                                                                                                5
6. How does sustainable accounting consider the ways in which national account measures might be adjusted to reflect the depletion of natural capital and environmental degradation?                                                                                                                              5 
7. Describe the role of governments to promote and enhance the prospects of sustainable development.                                                                                                                            5