The present book "Fundamentals of Environmental Economics" is an accessible and up-to-date text covering all essential aspects of Environmental Economics. In this book, the readers can realize that, the environmental issues are viewed from an economic perspective, and therefore economic solutions to environmental protection are amply incorporated. The book comprises of fifteen chapters. The presentation of some of the chapters like the Externalities, Market Failure Analysis, Environment Kuznets Curve, Environmental Valuation, Natural Resource Valuation Techniques, Dose-Response Modelling, Cost-Benefit Analysis, Economics of Biodiversity, Global Warming, Acid Rain, Global Environmental Issues, Indian Environmental Challenges etc. is systematic, analytical, simple and lucid. We hope that this book will be of greater use for the students, undergraduate courses, beginning graduate courses in environmental management and researchers to officials and policy makers, interested in improving the environmental quality.