Climate economics
ENV-724 / 2 credits
Teacher(s): Thalmann Philippe, Vielle Marc, Vöhringer Frank
Language: English
Remark: Next time: Fall 2022, Min. 5 persons - Canceled
Frequency
Every 2 years
Summary
The course introduces non economists to the economic analysis of climate change: economic activity and climate change, estimation of climate impacts, optimal mitigation and adaptation, national and international climate policy, instruments for climate policy.
Content
Economic activity as a source of greenhouse gases, climate scenarios
Impacts of climate change: valuation and uncertainty, net costs (aggregation, intergenerational discounting)
Adaptation to climate change
Mitigation: mitigation as a public good, efficiency and sufficiency, abatement measures, marginal abatement cost curves, innovation
Solar radiation management: economics and governance
Instruments for climate policy: voluntary approaches, regulation, economic instruments
Climate policy: Swiss climate policy, international climate policy, prisoner’s dilemma, cooperation, climate risk mitigation game
Keywords
climate change
economics
Learning Prerequisites
Recommended courses
Env-610 "Ecological economics"
Learning Outcomes
By the end of the course, the student must be able to:
- to explain how economic activities contribute to climate change
- to develop the economic analysis of the main instruments of climate policy
- to explain the main dimensions of climate policy 'games'
Assessment methods
Success in the course requires:
a) regular attendance; a justified explanation is required for missed classes
b) active participation in class
c) an oral presentation with slides during the last class
Resources
Bibliography
Stern, N. (2015) Why Are We Waiting? The Logic, Urgency, and Promise of Tackling Climate Change. Cambridge, MA, USA, MIT Press
OECD (2009) The Economics of Climate Change Mitigation: Policies and Options for Global Action Beyond 2012, Paris, France: OECD
Ressources en bibliothèque
- OECD (2009) The Economics of Climate Change Mitigation: Policies and Options for Global Action Beyond 2012
- Stern, N. (2015) Why Are We Waiting? The Logic, Urgency, and Promise of Tackling Climate Change
Moodle Link
Videos
In the programs
- Exam form: Written (session free)
- Subject examined: Climate economics
- Lecture: 26 Hour(s)
- Exercises: 1 Hour(s)