Universität Wien

040128 UK International Environmental Economics (MA) (2019S)

Track in Macroeconomic Policy

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work
Moodle

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Details

max. 50 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

  • Friday 08.03. 13:15 - 14:45 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 15.03. 13:15 - 14:45 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 22.03. 13:15 - 14:45 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 29.03. 13:15 - 14:45 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 05.04. 13:15 - 14:45 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 12.04. 13:15 - 14:45 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 03.05. 13:15 - 14:45 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 10.05. 13:15 - 14:45 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 17.05. 13:15 - 14:45 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 24.05. 13:15 - 14:45 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 31.05. 13:15 - 14:45 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 07.06. 13:15 - 14:45 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 14.06. 13:15 - 14:45 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 21.06. 13:15 - 14:45 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 28.06. 13:15 - 14:45 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock

Information

Aims, contents and method of the course

International environmental problems such as climate change or ozone layer depletion pose a tremendous challenge to the world economy. As most of those problems stem from externalities which occur as a by-product of industrial processes or consumption, regulation of those activities might be necessary. However, measures against pollution, such as abatement activities are often costly for firms and consumers. The public good problems hinters welfare improvements if there is no cooperation among agents. This problem is especially pressing in an international environment where there is a lack of binding law enforcement.

After a short introduction into the field of environmental economics, the course will focus on international environmental problems, mainly on climate change. There are three main parts in the course:
1) Regulation: Different approaches as emission tax, cap and trade, command and control instruments.
2) Integrated Assessment Models: Models which contain a comprehensive view on climate dynamics, population and economics.
3) International Environmental Agreements: Coaltion Building, Contracts.

Assessment and permitted materials

Students have to present articles from the reading list at least once in the semester. Furthermore they have to act as a discussant. Additionally, there are exercises or small readings every week where one student has to present a short summary in the beginning of each lecture. Active participation on the course is also required.

Minimum requirements and assessment criteria

Basic knowledge of game theory, microeconomics and economic growth theory.

Examination topics

Reading list

Barrett, Scott. Self-Enforcing International Environmental Agreements. Oxford Economic Papers, Vol. 46. 1994.
Battaglini, Marco and Harstad, Bard. Participation and Duration of Environmental Agreements. Journal of Political Economy, 2016, vol. 124, no. 1.
Nordhaus, William. Estimates of the Social Cost of Carbon: Concepts and Results from the DICE-2013R Model and Alternative Approaches. Journal of the Association of Environmental and Resource Economists, Vol. 1, No. 1/2 2014.
Perman, Roger; Ma, Yue; Common, Michael; Maddison, David and McGilvray, James. Natural Resource and Environmental Economics. 4th Edition. Pearson Education Limited 2011.

Association in the course directory

Last modified: Mo 07.09.2020 15:28