Economic analysis (supply, demand, prices, elasticities), applied to environmental issues: externalities, instruments of environmental regulation (voluntary approaches, incentive taxes, emissions markets), assessment of economic impacts and valuation of natural resources, cost-benefit analysis.
Mainly based on the discussion of peer reviewed academic papers, the course introduces non economists to the main types of applied models used in environmental economic analysis: linear programming, partial and general equilibrium, game theory, and agent based models.
The course introduces non economists to the economic analysis of climate change: economic activity and climate change, estimation of climate impacts, optimal mitigation and adaptation, national and international climate policy, instruments for climate policy.
