This compendium provides a collection of readings, which unpacks the myriad debates within the ambit of Water and Economics. Readings in the compendium have been categorised into eight broad themes (1) Introduction to Water and Economics, (2) Institutional Economics and Property Rights of Water, (3) Valuation and Pricing of Water Systems, (4) Privatization of Water, (5) Economics Associated with Floods, (6) Environmental Economics and Water Pollution, (7) Economics of Community Managed Irrigation, Participatory Irrigation and Water Policy Reforms, (8) Economics of Ground Water in South Asia. The compendium can be used as a resource material by trainers, students and researchers in the field of water management.