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Climate Change Economics

WZ1590Specialization in Management5 ECTSEnglishsummer semesterLehrstuhl für Produktions- und Ressourcenökonomie landwirtschaftlicher Betriebe (Prof. Sauer, Joint Appointment der TUM School of Management und TUM School of Life Sciences)
AI-edited module sheet. Based on the TUMonline module description, edited for readability.Original in TUMonline

What it is about

In this module you analyze the economic causes and consequences of climate change as well as economic policy instruments for emissions reduction. By the end you will be able to evaluate economic models and regulatory options and classify suitable, cost-efficient policy instruments as well as international agreements.

What you will be able to do

  • Evaluate economic models of climate change
  • Understand theoretical models of climate policy and emissions control
  • Grasp complexity, uncertainty and optimality considerations for emission pathways
  • Analyze efficient and cost-effective instruments for emission reduction
  • Understand forms of international climate agreements and current climate strategies

What the module consists of

  • Vorlesung (2 SWS)Conveys the fundamentals and provides the basis for discussions in the seminar
  • Seminar (2 SWS)Deepens the contents of the lecture through intensive discussions and independent work

Teaching method

  • VorlesungIntroduction to scientific and economic fundamentals, followed by discussions
  • SeminarIntensive, interactive engagement with literature and instruments for emission reduction; promotes independent work
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