The goal of the course is to introduce the student to an emerging area called space economics and particularly to provide her/him with the basic theoretical and empirical inputs to evaluate the direct and indirect benefits & Public good nature of space program in the changing Indian and global context. Also, the course envisages inculcating a broader understanding of the global context of space industry and space policy, the role of innovations, methodological challenges and cost benefit of space program & approaches and future of space business, industry and application services.