Economics of Climate Change

New School for Social Research: Economics

Liberal Arts
Undergraduate Course
Graduate Course
Degree Students (with Restrictions)
Econ of Climate Change
Fall 2023
Taught By: Willi Semmler
Section: A

CRN: 15436

Credits: 3

This course deals with topics on Economics and Politics of Climate Change. The focus is on the overuse of natural resources, resource depletion, environmental effects of economic growth, and the economic causes and effects of climate change. We will consider empirical trends of causal factors driving climate change and the frequency and severity of climate disasters. Integrating some economic modeling and policies, we want to stress mitigation and adaptation policies, disaster risks and management, the transformation of the energy system, and the burden-sharing of the cost of climate policies. We will discuss the effectiveness of regulatory instruments, cap & trade, carbon tax, and fiscal and monetary policies. Further important issues are whether the financial market is a roadblock or a bridge to a low carbon economy, the impact of climate change policies on employment and green jobs, and the currently widely discussed Green New Deal. Furthermore, we will study to what extent the international climate negotiations and treaties can be framed as cooperative/non-cooperative games. Finally, the issue will be explored of how we can pursue a green recovery from the current pandemic crisis. Overall, we will pursue historical trends, empirics, some modeling, and policies. Prerequisites: Some basics of micro and macroeconomics.

College: New School for Social Research (GF)

Department: Economics (ECO)

Campus: New York City (GV)

Course Format: Seminar (R)

Modality: In-Person

Max Enrollment: 15

Add/Drop Deadline: September 11, 2023 (Monday)

Online Withdrawal Deadline: November 19, 2023 (Sunday)

Seats Available: Yes

Status: Closed*

* Status information is updated every few 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: 10:58am EST 11/28/2023

Meeting Info:
Days: Wednesday
Times: 9:55am - 11:45am
Building: 6 East 16th Street
Room: 1101
Date Range: 8/30/2023 - 12/6/2023