Global and Climate Change Economics

The course aims to introduce students to the multifaceted and multidisciplinary dimensions of climate change economics tackling impacts, mitigation and adaptation integrated assessment. At the end of the course students will be familiar with the main techniques for impact assessment and their results, with mitigation policies, the related instruments and the economics of internatinoal environmental negotiation, with adaptation and its interaction with mitigation.
More specifically, central topics of the lectures will be: the challenges to climate change impacts and policy assessment, uncertainty, "horizontal aggregation" and equity, intertemporal aggregation and discounting, evaluation of non-market non-use goods and services, economic estimates of climate change impacts and related methodologies, efficient and effective mitigation and adaptation policies, the cost of policy action, issues, development and outcomes of international climate negotiation process.