The book is hand intends to provide the readers as well as graduate/post-graduate students of economics, environmental economics some insights into the application of economic theory in designing and implementing the public policies related to the management of the environment and social sectors. This finds roots in welfare economics, national income accounting, macro-economic policies, trade and development. The subject matter of the book, which is related to the issues of enviromental economics, enviromental and social servicesa nd their valuation, and designing of instruments and institutions for th emanagement of environment, the models of optimal use of natural resources; macroeconomic issues, sustainable development; Enviromental resource problems in India; The economic of health and educaitn, is widely discussed in eighteen chapter incorporated in sevel modules. Environmental demand theory [Covering both revealed preference and stated prefeence]; Household production model, contingent valuation method; Pigouvian fees; Coase's theorem of property rights; Monitorina nd enforcement of regulation and related acts, etc. are various captions which may draw special attention of the readers. In this way the book fills a particular niche in the market for post-graduate texts.