wir911 - Advanced Topics of Sustainability Economics - Campusmanagementsystem Stud.IP

wir911 - Advanced Topics of Sustainability Economics

Department of Business Administration, Economics and Law (Economics)

6 KP

Module components

Semester courses Winter semester 2024/2025

Examination

Lecture

2.12.092 - Economics of Climate Change
- Laura Schürer
Monday: 10:00 - 12:00, weekly (from 14/10/24)

Exercises

2.12.093 - Übung zu Economics of Climate Change
- Laura Schürer
Tuesday: 10:00 - 12:00, weekly (from 15/10/24)

Seminar

Notes on the module

Prerequisites	none
Prüfungszeiten	end of semester
Module examination	written exam
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).