Department of Irrigation and Water Management
Faculty of Agricultural and Bioresources Engineering
Credits: 3Offered: Postgraduate Level
Prerequisite: No
The course explores economic theory and principles for sustainable water resource management, focusing on scale, equity, and efficiency. It examines the economic valuation of water, the role of markets in allocating scarce resources, and market failures. Students will learn economic tools and methodologies for resource allocation, applying them to real-world issues like urban water supply, agriculture, health, and environmental uses. The course concludes with decision-making frameworks such as cost-effectiveness, cost-benefit, and multi-criteria analyses.