The understanding that the wellbeing of the universe is closely linked to the health of the ecosystem, prompts the planners to revisit the development agenda. This entails the need for technical inputs that support scientific decision-making process, especially in the field of natural resource management. This publication is an attempt towards this objective. The book adopts a systematic approach starting with the concept of ecosystem and ecosystem services, theoretical basis for assigning the value and the purpose of valuation. The classification of methods and detailed discussion on each method with specific examples and data set is furnished, later on. It is intended to be a reference and study material for Masters’ and Doctoral students and researchers in the field of environmental economics and resource economics.
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