GECO

6050

Economics of Climate Change

New School for Social Research: Economics

Liberal Arts

Graduate Course

Degree Students (with Restrictions)

Econ of Climate Change

Fall 2019

Taught By: Willi Semmler

Section: A

CRN: 7491

Credits: 3

"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) and multilateral institutions (IMF, WB, and ILO) have undertaken extensive work on the causes and effects of climate change. The economics of climate change is related to environmental, resource economics and macroeconomic policies. We start with the theory of externalities in economics and focus on the causes of climate change, the latest research on climate change, and the mitigation and adaptation policies proposed to combat climate change, such as cap & trade, carbon tax, and green bonds, as well as on the distributional impacts of those policies. 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 the transition from fossil fuel to an economy based on renewable energy. Further important issues are the financing of climate policies, the frequency and severity of climate disasters, and the current proposal of the Green New Deal. International climate negotiation and treaties will also be discussed as well as the impact of climate change policies on employment and green jobs.” Prerequisites: Basics of micro and macroeconomics.

College: New School for Social Research (GF)

Department: Economics (GECO)

Campus: New York City (GV)

Course Format: Seminar (R)

Max Enrollment: 12

Enrollment Status: Closed*

*Enrollment status information is updated every five minutes. The status of this course may have changed since the last update. Open seats may have restrictions that will prevent some students from registering. Updated: 11:16am 8/23/2019

Meeting Info:

Days: Thursday

Times: 6:00pm - 7:50pm

Building: 6 East 16th Street

Room: 734

Date Range: 8/29/2019 - 12/12/2019

Days: Friday

Times: 1:55pm - 3:45pm

Building: 6 East 16th Street

Room: 734

Date Range: 8/30/2019 - 12/13/2019