Foto: Matthias Friel
The aim of this lecture is to provide basic economic knowledge and key tools for analyzing climate policy. The lecture will first give an overview on research methods and findings regarding climate impacts and mitigation options as well as key concepts for integrating climate change in economic welfare and policy analysis. As climate change is an intertemporal (dynamic) problem, tools for solving intertemporal optimization problems will be presented and applied. Students apply these concepts and develop stylized climate-economy models to study optimal mitigation paths, carbon prices and growth effects.
Exam (90 Min)
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