Economics of Climate Change

About

Prerequisites: introductory microeconomics and econometrics.
Climate change is observed through the lenses of cost-benefit analysis and discounting, uncertainty, and equity. A discussion on the relationship between climate and international security as well as an analysis of fundamental quantitative techniques toward the assessment of climate change complete the policy and analytical dimensions of the course.

Topics:
- Pollution Control
- Impact & Valuation of Climate Change
- Pricing of Exhaustible Resources
- Climate and Development
- Optimal Climate Policy and Discounting
- Uncertainty and Equity

Course leader

Theocharis Grigoriadis is associate professor at the Department of Economics and the Institute for East European Studies of Freie Universitaet Berlin. Trained as a political economist, he obtained a PhD in Political Science (Political Economy) at the University of California, Berkeley, and a PhD in Economics (World Economy) at Saint Petersburg State University. He holds a Master of Arts in Russian and East European Studies from Yale University.

Target group

BA and MA students, recent graduates

Course aim

- become conversant with the analytical tools and theoretical discussions on climate
- understand why the economies of Global South has priority in COP29 meetings
- be able to identify the effects of climate change in contemporary livelihoods
- learn how to interpret different optimization and simulation methods
- analyze the economics of climate and its transformation

Fee info