Moses - The Economics of Climate Change

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Diese Modulbeschreibung gilt nicht im aktuellen Semester.

Die Modulbeschreibung gilt nur für den Zeitraum SS 2019 - WiSe 2021/22. Die Version für das aktuelle Semester (SoSe 2024) finden Sie hier: Modulbeschreibung des SoSe 2024

Module / Version:
#60431 / #9

Validity:
SS 2019 - WiSe 2021/22

Default display language:
English

Module title:
The Economics of Climate Change

Credits:
6

Responsible person:
Edenhofer, Ottmar Georg

Grading:
benotet

Type of exam:
Portfolioprüfung

Zugehörigkeit

Faculty:
Fakultät VI

Institute:
Institut für Landschaftsarchitektur und Umweltplanung (ILaUP)

Area of expertise:
36355100 FG Ökonomie und Politik des Klimawandels

Prüfungsausschuss:
Landschaftsarchitektur/Ökologie/Umweltplanung

Kontakt

Office:
EB 4-1

Contact person:
No information

E-mail address:
teaching@mcc-berlin.net

Website:

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

Learning Outcomes

The Economics of Climate Change is an introductory course into the economic assessment of climate change impacts and optimal mitigation and adaptation response. Welfare-economic concepts such as cost-benefit analysis, (inter-generational) discounting, non-market valuation, and different concepts of social welfare are applied to understand the impacts of climate change and climate change mitigation on long-term welfare and growth. Since these concepts can be applied to many public policy problems, the course is also an introduction into intertemporal welfare theory and public economics. The lecture provides reasoning, theory, and the narrative. The tutorial provides analytical concepts, formal models, and mathematical techniques.

Content

Starting from the perspective of a social planner, we provide a systematic overview of the relevant issues in climate change policy. 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- and intragenerational equity; uncertainty, Social Cost of Carbon -Stock pollutants: the atmosphere as a limited disposal space for greenhouse gases -Social welfare: concepts of social welfare, equity and fairness, social welfare functions, approaches to measure welfare in a broader sense -Growth: the interrelation between climate change, economic development and growth; theories of economic growth, Hotelling’s rule -Mitigation options in different sectors, including land and bioenergy, cities and transport, power generation, negative emissions, geoengineering and variable renewables

Module Components

Pflichtteil:

All Courses are mandatory.

Course Name	Type	Number	Cycle	Language	SWS	VZ
The Economics of Climate Change	VL	06355100 L 01	SoSe	No information	2
The Economics of Climate Change	UE	06355100 L 01-U	SoSe	No information	2

Workload and Credit Points

The Economics of Climate Change (VL):

Workload description	Multiplier	Hours	Total
Attendance	15.0	2.0h	30.0h
Preparation and follow-up	15.0	4.0h	60.0h
			90.0h(~3 LP)

The Economics of Climate Change (UE):

Workload description	Multiplier	Hours	Total
Attendance	15.0	2.0h	30.0h
Preparation and follow-up	15.0	4.0h	60.0h
			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

The course consists of a lecture and a tutorial.

Requirements for participation and examination

Desirable prerequisites for participation in the courses:

a) obligatory: basic knowledge in Microeconomics and Economic Policies (e.g. market failures) b) desirable: advanced knowledge in environmental economics

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

100 Punkte insgesamt

Language

German/English

Test elements

Name	Points	Categorie	Duration/Extent
Homework Assignments	70	written	No information
Midterm Test	30	written	No information

Grading scale

Notenschlüssel »Notenschlüssel 4: Fak I, Fak VII«

Gesamtpunktzahl	1.0	1.3	1.7	2.0	2.3	2.7	3.0	3.3	3.7	4.0
100.0pt	90.0pt	85.0pt	80.0pt	76.0pt	72.0pt	67.0pt	63.0pt	59.0pt	54.0pt	50.0pt

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

No prior registration for attendance required. Registration for the examination: following your StuPO / examination regulations

Recommended literature
Intergovernmental Panel on Climate Change (2014): Fifth Assessment Report
Nicholas Stern (2006): “The Economics of Climate Change – The Stern Review”.
R. Perman, Y. Ma, J. McGilvray and M. Common (2003): Natural Resource and Environmental Economics

Assigned Degree Programs

Semester:

Zeige auch ausgelaufene Studiengänge und StuPOs

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

	Studiengang / StuPO	StuPOs	Verwendungen	Erste Verwendung	Letzte Verwendung
This module is not used in any degree program.

Students of other degrees can participate in this module without capacity testing.

Miscellaneous

Taught in English You can take both modules [Economics of Climate Change (summer semester) / Economics of Climate Policy (winter semester)] as "lecture only" version without tutorial (3 ECTS), but we recommend the full version with lecture and tutorial [VL and UE (6 ECTS)].

The Economics of Climate Change