Stud.IP Uni Oldenburg
University of Oldenburg
28.09.2023 20:47:25
wir911 - Advanced Topics of Sustainability Economics
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Module label Advanced Topics of Sustainability Economics
Modulkürzel wir911
Credit points 6.0 KP
Workload 180 h
Institute directory Department of Business Administration, Economics and Law (Economics)
Verwendbarkeit des Moduls
  • kein Abschluss European Studies in Global Perspectives > Society, Economy and Politics
  • Master's programme Business Administration: Management and Law (Master) > Schwerpunktmodule NM-VWL
  • Master's Programme Sustainability Economics and Management (Master) > Additional Modules
Zuständige Personen
  • Böhringer, Christoph (Module responsibility)
  • Siebenhüner, Bernd (Module responsibility)
  • Lehrenden, Die im Modul (Prüfungsberechtigt)
  • Riesenbeck, Lukas (Module counselling)
Skills to be acquired in this module
This course aims at giving students an understanding of reasons, goals and instruments for climate policy, as well as implied complications due to the long term characteristics and the international dimension of climate change. Students first learn basics about the natural science of climate change and the main statements of climate research about the anthropogenic contribution to climate change. The economic interpretation of high pollution as a symptom of a market failure then leads to the treatment of policy instruments, and the understanding of economic efficiency as a prerequisite for effective climate policy. Game theoretic analysis of international negotiations and agreements provides key insights about the international dimension of the problem. By means of practical examples students then see in detail the functionality and pitfalls of selected implemented (or currently discussed) policies, e.g. the EU-ETS.With successful completion of the course, students shall be able to judge climate policy issues on an informed scientific basis (natural science and economics).
Module contents
Natural science of climate change: greenhouse effect; measures, causes and impacts of climate change.
Economics of climate change: market failures (public goods, externalities); game theory of international agreements (prisoner’s dilemma, chicken game, assurance game, repeated games, continuous choice); environmental policy instruments (especially taxes, tradable permits).
Climate policy in practice: EU-ETS (pitfalls: market segmentation, conditional grandfathering, lobbying); emission taxes and the EU-ETS; interaction between black and green quotas; embodied carbon tariffs.
Perman et al (2003), Natural resource and Environmental Economics, Pearson, 3rd edition
Perman et al (2011), Natural resource and Environmental Economics, Pearson, 4th edition
Languages of instruction German, English
Duration (semesters) 1 Semester
Module frequency halbjährlich
Module capacity unlimited
Modullevel / module level
Modulart / typ of module
Lehr-/Lernform / Teaching/Learning method
Vorkenntnisse / Previous knowledge
Form of instruction Comment SWS Frequency Workload of compulsory attendance
Lecture 2 28
Exercises 2 28
Präsenzzeit Modul insgesamt 56 h
Examination Prüfungszeiten Type of examination
Final exam of module
end of semester
written exam