VVZ API is not affiliated with ETH Zurich. Data might be outdated or incorrect. Please view the official ETHZ Vorlesungsverzeichnis for binding information.

351-0577-00L 3 Credits MSC D-MTEC

The Economics of Climate Change: Institutions and Government Policy

Lecturers & Examiners: Dr. Ian Alexander MacKenzie
VVZ CR n/a

Last Updated: 2026-02-05 15:25:04

Abstract

Climate change is one of the most pressing issues that governments and the global community have to face. This course outlines the problem of climate change and discusses the economic solutions (both domestic and international) to this problem.

Objective

This course has a number of objectives: (i) To outline the problem of climate change (ii) to discuss and compare the theoretical economic solutions to combating climate change (iii) to present existing climate change mitigation actions in an economic context and (iv) to outline possible future climate policy issues.

Content

Economics of pollution, Optimal level of greenhouse gases, International Environmental Agreements, Tradable pollution permit markets, : Carbon Taxes, Technological innovation and R&D, The optimal approach to control Climate change, The future of Climate change policy

Resources

Literature

Required reading: Perman et al. (2003), Natural Resource and Environmental Economics, Pearson Addison Wesley. Also, Journal articles will be cited

General Information

Language
English
Levels
MSC
Frequency
Yearly recurring

Examination

Type
session examination
Mode
written 90 minutes
Aids
Students are allowed to take into the exam (I) calculator without storage capacity, (II) Dictionary.

Course Components

Type Title Time & Place Hours
lecture The Economics of Climate Change: Institutions and Government Policy
  • Wed 10:15-12:00 (LFW E 13)
2 h weekly

Offered In