Universität Wien

040209 UK Growth and Climate Change (MA) (2021S)

Track in Macroeconomic Policy

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

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 05.03. 15:00 - 16:30 Digital
  • Friday 19.03. 15:00 - 16:30 Digital
  • Friday 26.03. 15:00 - 16:30 Digital
  • Friday 16.04. 15:00 - 16:30 Digital
  • Friday 23.04. 15:00 - 16:30 Hybride Lehre
    Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 30.04. 15:00 - 16:30 Hybride Lehre
    Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Friday 07.05. 15:00 - 16:30 Hybride Lehre
    Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 14.05. 15:00 - 16:30 Hybride Lehre
    Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 21.05. 15:00 - 16:30 Hybride Lehre
    Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 28.05. 15:00 - 16:30 Hybride Lehre
    Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 04.06. 15:00 - 16:30 Hybride Lehre
    Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 11.06. 15:00 - 16:30 Hybride Lehre
    Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 18.06. 15:00 - 16:30 Hybride Lehre
    Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock

Information

Aims, contents and method of the course

Can an economy grow indefinitely even if its fossil energy resources are limited in supply? At the same time, if burning of fossil fuels causes climate change, how can we achieve growth and sustainable development? This course will shed light on answers to such questions through the lens of neoclassical growth models which include pollution dynamics and effects of climate change. We will start by learning and reviewing the dynamic optimization methods which is a standard technique for analyzing such models. We will proceed by introducing the standard growth and pollution model, i.e. the Dasgupta-Heal-Sollow-Stiglitz model, and subsequently look at different variants and extensions. We will examine the role of input substitution, technical change, and switch to renewables.

Assessment and permitted materials

The final grade is composed of the results of the midterm assessment (30%), problem sets (30%), and the final assessment (40%).

Minimum requirements and assessment criteria

It is advisable that students have taken “Resource and Environmental Economics” course before enrolling in this course. Advanced economics Master and PhD students will be able to follow the material without having taken “Resource and Environmental Economics”.

Examination topics

All topics covered in the course.

Reading list

Reading list will be provided in the syllabus and additional material will be posted on moodle as the course progresses.

Association in the course directory

Last modified: Fr 12.05.2023 00:12