Climate Economics and Policy - Einzelansicht

The course has 6 ECTS (credit points).

Suggested readings::

Perman, R.; Ma, Y; McGilvray, J; Common, M: Natural Resource and Environmental Economics (Pearson education, third edition): Chapters 2, 3, 11, 12

Klausur in Englisch (Written exam, 90 Min.). 6 LP

How can we understand and model climate change as a global phenomenon? What are its impacts on economies worldwide? What levels of warming might we experience in the future? What are the benefits of reducing carbon emissions? How much should we reduce them and at what cost? Which role do specific technologies play? How does economic growth affect the environment? And how do normative considerations affect the actions we should take? All of these questions are essential to understand and cope with the phenomenon of anthropogenic climate change. The lecture provides an overview over the field of climate economics and introduces key economic concepts used to understand the challenges we face and to better inform and shape climate policy.