Course code ECN372

ECN372 Climate Economics

Norsk emneinformasjon

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Showing course contents for the educational year 2015 - 2016 .

Course responsible: Knut Einar Rosendahl
Teachers: Arild Einar Bjørn Angelsen, Ståle Navrud, Therese Dokken, Christen Svenn Jensen
ECTS credits: 10
Faculty: School of Economics and Business
Teaching language: EN
(NO=norsk, EN=Engelsk)
Limits of class size:
Teaching exam periods:
This course has teaching/evaluation in Autumn parallel.
Course frequency: Annually
First time: Study year 2009-2010
Preferential right:
Course contents:
The course consists of two main parts: i) THE GLOBAL CLIMATE REGIME AND CLIMATE NEGOTIATIONS. Here we will discuss factors affecting the global climate negotiations, and assess various options being discussed. Topics include: 1. Economic costs of climate change - how to value future damage costs, og how to deal with risk and uncertainty? 2. Main principles for the global climate regime - emission quotas, global carbon tax etc. 3. Fair distribution of emissions obligations between countries. 4. The climate game - what is happening at the negotiation table and in the corridors? 5. Norway's role in the climate negotiations. ii) NATIONAL CLIMATE POLICIES. 1. Policies to reduce climate emissions in Norway and the EU. 2. Climate and technology policies. 3. Carbon leakage from national climate policies. 4. Policies for implementing Reduced Emissions from Deforestation and forest Degradation (REDD) in developing countries.
Learning outcome:
The course gives the students insights into environmental economics and game theory, applied to international climate negotiations and design of national climate policies. The aim is to show how economic methods may provide insights into the current climate debate, and to assess different policy options. Although the combination of theory and application is focused on the climate issues, the methodological part of the course will also be useful for other environmental issues.
Learning activities:
Lectures including guest lecturers. Three compulsory discussion notes and class presentation of one of these
Teaching support:
Some supervision related to writing discussion notes
Selected journal articles and book chapters
ECN 210 or an equivalent course in microeconomics. ECN170 (or ECN270) or equivalent course in environmental and resource economics.
Recommended prerequisites:
ECN 371 or an equivalent course in environmental regulation; and ECN271 or equivalent course in cost-benefit analysis/project evaluation.
Mandatory activity:
Three discussion notes and class presentation of one of these. Three compulsory lectures.
Oral exam. The grade is determined based on the discussion notes, the presentation and the exam.
Nominal workload:
300 hours.
Entrance requirements:
Minimum requirements for entrance to higher education in Norway (generell studiekompetanse)
Reduction of credits:
ECN370: 10 credits.
Type of course:
34-36 hours (incl presentations of discussion notes)
External Examiner for the oral examination.
Examination details: Oral exam: A - E / Ikke bestått