Environmental and Climate Economics
|Academic year||2020/2021 Syllabus of previous years|
|Official course title||Environmental and Climate Economics|
|Course code||PHD142 (AF:341995 AR:181935)|
|Modality||For teaching methods (in presence/online) please check the timetable|
|Degree level||Corso di Dottorato (D.M.45)|
|Educational sector code||SECS-P/01|
The course contributes to achieve the main objectives of the PhD and master Programme in Science and Management of Climate Change. It will teach students to: understand, synthesize and communicate the problem of climate change as an economic problem; understand and apply different economic methods to analyze and design innovative climate policy solutions for mitigation and adaptation.
Welfare economics and basic concepts. Focus on: externalities, market failures, public goods, notions of game theory, growth and the environment.
Policy instrument design, overlapping regulations, environmental policy and innovation, the political economy of energy innovation.
How can we decide about the implementation of climate change policies?
Economy-wide modelling tools. How can we use modelling tools to evaluate and design mitigation and adaptation policies?
The Core Economy – Available at https://core-econ.org/the-economy/book/ . This textbook is more suitable for students without an economic background
Scientific articles listed in the detailed syllabus
for the final grade. The final exam will contribute to the remainder 80% of the final grade. The in-class activities and assignments and final project are meant to evaluate students’ ability to 1) understand the economic principles
applied to climate change, 2) understand the implementation of climate policies, 3) analyze the impacts of climate policies, 4) understand how IAMs operate and their results.
This subject deals with topics related to the macro-area "Climate change and energy" and contributes to the achievement of one or more goals of U. N. Agenda for Sustainable Development