Description:
The course 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 impact 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.
Further information can be found on the website.
Literature:
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Time & venue:
Lectures: Fridays, 14:00-16:00; tba
Tutotial: Mondays, 10:00-12:00; tba
Exam:
tba