2023/2024
Climate Change Economics
Category 'Best Course for Career Development'
Category 'Best Course for Broadening Horizons and Diversity of Knowledge and Skills'
Type:
Mago-Lego
Delivered by:
Faculty of World Economy and International Affairs
When:
1, 2 module
Open to:
students of one campus
Instructors:
Igor A. Makarov
Language:
English
ECTS credits:
6
Contact hours:
32
Course Syllabus
Abstract
The course provides students with fundamentals of climate change economics. It starts with the description of scientific background of climate change and short overview of its economic meaning. After it, students will learn some economic tools and approaches to the analysis of climate change impacts, geography, trajectories and instruments of GHG emissions reduction and the history and the present pf international cooperation.
The discipline makes a special focus on the use of methods and analytical framework of environmental economics for the analysis of climate change. It also pays attention to the positions of leading countries regarding climate change policies and negotiations with revealing factors that determine these positions. The course underlines the links between climate change and other global economic challenges including those related to sustainable development goals. It also reveals the crucials gaps in international cooperation on climate change.
Learning Objectives
- to form students' understanding of the relationship between the economy and the climate system
- to expand students’ knowledge of countries’ interaction on climate issues including climate change-related negotiations and climate finance
- familiarize students with the main instruments of climate policies at the international, regional and national levels
- to develop students' skills in the use of economic instruments for the analysis of climate change
Expected Learning Outcomes
- Knows the basic theoretical approaches to the economic analysis of climate change;
- Is able to use the tools of economic theory for solving research and practical tasks related to the interaction of man and climate;
- Is able to evaluate measures taken by both the international community and individual states to address climate change.
- is able to evaluate measures taken by both the international community and individual states to address climate change
- is able to use the tools of economic theory for solving research and practical tasks related to the interaction of man and climate
- knows the basic theoretical approaches to the economic analysis of climate change
Course Contents
- Physical background of Climate Change
- Economics of Mitigation
- Geography and Factors of Global Emissions
- Physical Risks of Climate Change. Economics of Adaptation
- Climate policy instruments
- International Climate Change Cooperation
- Russia and Climate Change
Interim Assessment
- 2023/2024 2nd module0.25 * Exam + 0.3 * Project (essay) + 0.15 * Quiz + 0.3 * classroom work
Bibliography
Recommended Core Bibliography
- Mai Farid, Michael Keen, Michael G. Papaioannou, Ian W.H. Parry, Catherine A Pattillo, & Anna Ter-Martirosyan. (2016). After Paris; Fiscal, Macroeconomic and Financial Implications of Global Climate Change. IMF Staff Discussion Notes. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.p.imf.imfsdn.16.01
- Nordhaus, W. D. (2013). The Climate Casino : Risk, Uncertainty, and Economics for a Warming World. New Haven, Conn: Yale University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=656818
Recommended Additional Bibliography
- Climate change : what everyone needs to know, Romm, J., 2016
- Tol, R. S. J. (2017). The structure of the climate debate. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.DB8CEFB2