dear all, today, right now, we must find out how much environmental damage has actually been done already . if you do not measure the quantum of negative impacts, you may never attempt to mitigate or abate the long-term consequence to our planet. 

This course will provide students with an opportunity to calculate the net environmental impact in monetary terms. The standard theoretical model is explained, and a database is analyzed to arrive at the gross volume of greenhouse emissions. Further, the associated loss impact due to, for example, drop in food grain production and consumption, loss in productivity, human mortality and health impact, etc. The negative outcomes are elaborated to the students by means of measuring the changes to food or non food consumption, industrial output, degree of illness, loss of livestock, and loss of biodiversity. These changes are translated into monetary terms and reported in the form of a single number, which is called the net present value. The Net Present Value is reported ahead for the future. In this course, we will explain the exact calculation steps and the details using the most commonly available and handy desktop tool, which is your familiar windows Microsoft Excel. This excel calculator is also shared with the students.

you will be able to;

 °        Familiarize themselves with the theory of environmental damage and its impact

°        Learn the standard Ramsay path function and dynamic consumption model.

°        Learn to analyze the economic impact 

°        Familiarize with scenario analysis method using data

°        Understand basic net present value calculation,