For students considering this text, it offers several distinct advantages:

  • Indian Context: Unlike many Western textbooks, Bhattacharya provides case studies and data relevant to the Indian economy, discussing policies like the National Green Tribunal (NGT) and various environmental acts in India.

  • Revealed Preference Methods:
  • Stated Preference Methods:
  • One of the practical aspects of Bhattacharya’s text is the valuation methodology. Since environmental goods (like clean air) are not traded in markets, how do we value them?