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The Economics of Climate Policy

6 LP

English

#60773 / #5

WS 2018/19 - SS 2019

Fakultät VI

No information

Institut für Landschaftsarchitektur und Umweltplanung

36355100 FG S- Professur Ökonomie des Klimawandels

Edenhofer, Ottmar Georg

No information

teaching@mcc-berlin.net

POS-Nummer PORD-Nummer Modultitel
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Learning Outcomes

Students have an overview of the major topics in climate policy and the challenges for an international climate agreement that game theory identifies. 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 Policy" is an introductory course into economic assessment of climate change mitigation and adaptation policies. Game theory will be applied to understand the challenges in international climate negotiations. 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 policy. This includes, inter alia: • the international politics of climate change: UNFCCC, Kyoto protocol, CDM, Copenhagen Accord, unilateral incentives • climate stabilization as a global public good • unilateral incentives for mitigation: co-benefits and the double dividend • game-theoretic view of climate change as a public good and collective action problem • market failures such as externalities, public goods • policy instruments such as Pigouvian taxes and carbon markets • the European Union Emission Trading scheme (EU ETS)

Module Components

Pflichtgruppe:

All Courses are mandatory.

Course Name Type Number Cycle Language SWS
The Economics of Climate Policy VL WS No information 2
The Economics of Climate Policy UE WS No information 2

Workload and Credit Points

The Economics of Climate Policy (VL):

Workload description Multiplier Hours Total
Präsenzzeit 15.0 2.0h 30.0h
Vor-/Nachbereitung 15.0 4.0h 60.0h
90.0h(~3 LP)

The Economics of Climate Policy (UE):

Workload description Multiplier Hours Total
Präsenzzeit 15.0 2.0h 30.0h
Vor-/Nachbereitung 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:

Basic micro, macro, math classes.

Mandatory requirements for the module test application:

No information

Module completion

Grading:

graded

Type of exam:

Portfolio examination

Language:

English

Type of portfolio examination

100 points in total

Test elements

Name Points Categorie Duration/Extent
Assignment - graphical analysis 10 flexible No information
Assignment - mathematical analysis 30 No information
Assignment - verbal analysis / essays 30 No information
Written test (mid-term) 30 written No information

Grading scale

1.01.31.72.02.32.73.03.33.74.0
90.085.080.076.072.067.063.059.054.050.0

Test description (Module completion)

No information

Duration of the Module

This module can be completed in one semester.

Maximum Number of Participants

This module is not limited to a number of students.

Registration Procedures

No requirements.

Recommended reading, Lecture notes

Lecture notes

Availability:  unavailable

Electronical lecture notes

Availability:  unavailable

Literature

Recommended literature
No recommended literature given.

Assigned Degree Programs

Zurzeit wird die Datenstruktur umgestellt. Aus technischen Gründen wird die Verwendung des Moduls während des Umstellungsprozesses in zwei Listen angezeigt.

This module is used in the following modulelists:

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

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

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

Miscellaneous

No information