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The Economics of Climate Change

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#60431 / #2

SS 2016 - SS 2016

English

The Economics of Climate Change

6

Edenhofer, Ottmar Georg

benotet

Portfolioprüfung

Zugehörigkeit


Fakultät VI

Institut für Landschaftsarchitektur und Umweltplanung (ILaUP)

36355100 FG Ökonomie und Politik des Klimawandels

Landschaftsarchitektur/Ökologie/Umweltplanung

Kontakt


EB 4-1

No information

teaching@mcc-berlin.net

http://www.climatecon.tu-berlin.de/menue/teaching/the_economics_of_climate_change/

Learning Outcomes

Students have an overview of the major economic topics in climate change. They are able to critically review the academic literature on the subject and apply the microeconomic toolbox to climate change.

Content

"The Economics of Climate Change" is an introductory course into economic assessment of climate change impacts and optimal mitigation and adaptation response. Welfare-economic concepts such as cost-benefit analysis, discounting, intergenerational equity, non-market valuation are applied to understand the impact of climate change and mitigation on long-term welfare and growth. Topics: Along the lines of the Stern Review and the IPCC fifth assessment report, we provide a systematic overview of the relevant issues in climate change economics. This includes, inter alia: • physics of climate change: global warming, radiative forcing, greenhouse gases, feedbacks, carbon cycle, uncertainties and projections • climate change impacts on biological and human systems, vulnerability, adaptive capacity, tipping points • social cost-benefit analysis, market and non-market valuation of impacts, discounting, and its ethical implications for inter-generational equity • stock pollutants: the atmosphere as a limited disposal space for greenhouse gases • macroeconomic modeling approaches to assess the costs of climate stabilization • concepts of social welfare • the interrelation between climate change and economic development and growth • theories of economic growth, such as the Solow and Ramsey growth models • Hotellig’s rule for optimal resource extraction • mitigation options in different sectors, including land and bioenergy, cities and transport, power generation and variable renewables

Module Components

Pflichtteil:

All Courses are mandatory.

Course NameTypeNumberCycleLanguageSWSVZ
The Economics of Climate ChangeVL06355100 L 01SoSeNo information2
The Economics of Climate ChangeUE06355100 L 01-USoSeNo information2

Workload and Credit Points

The Economics of Climate Change (VL):

Workload descriptionMultiplierHoursTotal
Präsenzzeit15.02.0h30.0h
Vor-/Nachbereitung15.04.0h60.0h
90.0h(~3 LP)

The Economics of Climate Change (UE):

Workload descriptionMultiplierHoursTotal
Präsenzzeit15.02.0h30.0h
Vor-/Nachbereitung15.04.0h60.0h
90.0h(~3 LP)
The Workload of the module sums up to 180.0 Hours. Therefore the module contains 6 Credits.

Description of Teaching and Learning Methods

Integrated lecture and tutorial. Weekly homework assignments and/or written tests (Portfolioprüfung).

Requirements for participation and examination

Desirable prerequisites for participation in the courses:

Basic knowledge of micro- and macroeconomics is expected. Good command of standard mathematical techniques including taking derivatives, integration, concept of differential equation. Students without a background in economics are asked to become familiar with these concepts prior to the semester.

Mandatory requirements for the module test application:

This module has no requirements.

Module completion

Grading

graded

Type of exam

Portfolio examination

Type of portfolio examination

No information

Language

English

Test elements

NamePoints/WeightCategorieDuration/Extent
Assignment – graphical analysis 30No informationNo information
Assignment – mathematical analysis30No informationNo information
Assignment – verbal analysis / essays30No informationNo information
Written test (mid-term)10No informationNo information

Grading scale

No information

Test description (Module completion)

No information

Duration of the Module

The following number of semesters is estimated for taking and completing the module:
1 Semester.

This module may be commenced in the following semesters:
Sommersemester.

Maximum Number of Participants

This module is not limited to a number of students.

Registration Procedures

Anmeldung Lehrveranstaltungsteilnahme: nicht erforderlich. Anmeldung Prüfung: Gemäß der StuPO des jeweiligen Studienganges bzw. gemäß Angabe auf der Homepage und in den Lehrveranstaltungen

Recommended reading, Lecture notes

Lecture notes

Availability:  unavailable

 

Electronical lecture notes

Availability:  available
Additional information:
http://www.climatecon.tu-berlin.de/menue/teaching/the_economics_of_climate_change/

 

Literature

Recommended literature
No recommended literature given

Assigned Degree Programs


This module is used in the following Degree Programs (new System):

Studiengang / StuPOStuPOsVerwendungenErste VerwendungLetzte Verwendung
This module is not used in any degree program.
Gemäß der Vorgaben und Möglichkeiten der StuPO des jeweiligen Studienganges.

Miscellaneous

No information