Environmental Economics and Climate Change — DU B.A. (Hons.) Business Economics (BBE) Previous Year Question Papers

(b) Households and firms are the main decision-makers in the economy. Describe how their choices contribute to environmental damage. 9 Economics and Climate Change 1. Write short notes on any three of the following: (a) Role of Environmental Economics (b) Environment Daly Curve hypothesis (c) Effect of climate change on Food Security in India (d) India's climate policy (NAPCC) 2. (a) Recycling is often promoted as a solution to environmental problems. Using the materials balance model, explain why recycling is only a temporary measure. 9 (b) Critically assess the usefulness of the Environmental Kuznets Curve as a framework for understanding the relationship between economic growth and environmental quality. 9 3. "Economic growth is both a cause and solution to environmental degradation." Critically evaluate using suitable examples. Explain why achieving zero pollution is neither feasible nor desirable from an economic standpoint. 4. Discuss the economic and social costs of climate change with special reference to a developing or emerging economy. What sectors are most vulnerable to climate-related risks? Explain how low-carbon development strategies can simultaneously address environmental and economic objectives. 18 5. (a) Critically evaluate the effectiveness of international climate agreements (Kyoto Protocol, Paris Agreement) in addressing global emissions. 9 (b) Discuss the institutional structure and functioning of the IPCC. 9 7. (a) What is the problem of ozone depletion? Explain the scientific basis of ozone depletion, identify the major chemical substances responsible for it, and describe the international policy response through the Montreal Protocol and its subsequent amendments. 9