Economics of Climate Change
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Division: The New School for Social Research
Course Number: GECO 6050
Course Format: Seminar
Location: NYC campus
Permission Required: No
- Social Sciences
The economics of climate change has recently become an important topic both in academia and in public policy debates. The Intergovernmental Panel on Climate change (IPPC) has undertaken extensive work on the causes and effects of climate change. The economics of climate change is related to environmental as well as resource economics. By employing the theory of externalities in economics, this course will focus on the causes of climate change, the latest research in climate change, and the mitigation policies proposed to combat climate change, such as cap & trade, and the carbon tax. We also will study new technologies that may help to mitigate climate change. In this context an important topic will be the transition to renewable energy. We will study non-renewable and renewable resources and their roles in the transition from fossil fuels to an economy based on renewable energy. International climate negotiation and treaties will be discussed as well as the impact of climate change on employment. Prerequisites: GECO 6190, GECO 6191, and some quantitative skills.
Open to Audit students.
Open to Graduate students.