Logo Trop1 (1)
Logo Trop1 (1)

Climate Change, the Economy, and Society

Model/Simulation

A model/simulation to understand the relationships between climate change, economics, and social factors.

Students will customise parameters related to policy (such as emissions-related tax or treaty), climate (such as levels of climate sensitivity and harm), and economy (such as growth and energy efficiency) to observe the corresponding effects of climate change on the economy and society.

Use this tool to help your students find answers to:

  1.  Using the simulator, compare the abatement costs for different policy settings—a carbon tax
    scenario, a climate treaty scenario, and a “business as usual” scenario.
  2. Using the simulator, observe and discuss how changes in the price of clean energy and changes in the extent of harms from climate change will affect the economy and society.
About Tool
Tool Nameweb DICE Model Dynamic Integrated Climate Economy
DisciplineEconomics  
Topic(s) in DisciplineClimate Change Economics, Economic Policy, Social Cost of Carbon, Consumption per capita, Total factor productivity, Abatement Policy, Carbon tax
Climate TopicClimate Economics, Policy, Politics and Environmental Governance 
Type of toolModel/Simulation
Grade LevelUndergraduate
LocationGlobal
LanguageEnglish
Translation     –
Developed byThe Center for Robust Decision Making on Climate and Energy Policy (RDCEP) at the University of Chicago 
Hosted atThe Center for Robust Decision Making on Climate and Energy Policy (RDCEP) at the University of Chicago
Link
AccessOnline
Computer SkillsIntermediate 

Mapped Sustainable Development Goal(s), apart from 4 and 13

All maps & pedagogical tools are owned by the corresponding creators, authors or organizations as listed on their websites. Please view the individual copyright and ownership details for each tool using the links provided. We do not claim ownership of or responsibility or liability for any of these tools. Images copyrights remain with the respective owners.
TROP ICSU is a project of the International Union of Biological Sciences and Centre for Sustainability, Environment and Climate Change, FLAME University.

Copyright © 2023 TROP ICSU, All rights reserved. Design and Developed by DWPlaceSolutions

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