Economics of climate change

Explore the multifaceted economic dimensions of climate change in this comprehensive unit. You'll delve into the impacts and economic costs of climate change, conduct global cost-benefit analyses, and critically evaluate the limitations of integrated assessment models. Investigate the state of international climate agreements through a game theoretic lens, understand carbon budgets and transition pathways, and critically assess various policy instruments, including carbon taxes, emission trading schemes, and emission standards. Additionally, you'll examine adaptation strategies to address the ongoing challenges posed by climate change. This unit provides a robust academic foundation for understanding and addressing one of the most critical issues facing our world today.