The Economics of Climate Policy

Guest Instructor: 
Ottmar Edenhofer
Time I: 
Friday, 02:00pm
Time II: 
Monday, 10:00am
Venue I: 
Eugene-Oaul-Wigner-Gebäude - EW 201
Venue II: 
Hauptgebäude TU - H 0106
Description: 

The Economics of Climate Policy is an introductory course into the economics of climate change mitigation and adaptation policies. Essentially, the mitigation of climate change is a global public good, posing policy challenges both at the national level (within countries) as well as at the international level (between countries). In the course, concepts such as market failures, externalities, and Pigouvian taxes are developed and applied to climate change. Game theory will be introduced to understand the challenges in international climate negotiations. The history and status quo of international negotiations will be reviewed, as well as implementation policies such as the EU ETS and Germany’s Energiewende. Since these concepts can be applied to many public policy problems, the course is also an introduction into allocation theory, environmental economics, public finance and game theory.

Grading: Students will be graded based on weekly problem sets (homework assignments) and a mid-term exam; there is no final exam. Make sure you attend the course from the beginning on, as we start with assignments immediately. Ph.D. students will be asked to write a term paper in addition to the assignments.

Schedule: The lecture takes place Fridays 2-4 pm; the tutorial Modays 10 am-12pm.

Please see the attached syllabus for more detailed information on course details and the schedule.

Credits: 
6.00
Program: 
Semester: 
Fall 2016
Affiliation: 
Technische Universität Berlin
End date of the whole course: 
Friday, February 17, 2017 - 4:00pm