Stern Review: The Economics of Climate Change Part 2
Stern Review: The Economics of Climate Change Part 2 Reading A reading from the ‘Stern Review: The Economics of Climate Change’ by economist Nicholas Stern for the Government of the United Kingdom which contains predictions on mortality, ecosystems and income levels. This reading includes results of their modelling that states that climate change will cause […]
Global Warming as a Tragedy of the Commons
Global Warming as a Tragedy of the Commons Classroom/Laboratory Activity A classroom/laboratory activity to understand tragedy of the commons through case studies and discuss global warming as a tragedy of the commons. Students will examine past environmental problems to understand the concept of the tragedy of the commons. Then, they will discuss “Earth’s atmosphere” as […]
Introduction to Carbon Pricing
Introduction to Carbon Pricing Reading A reading by the World Bank Group that introduces what is carbon pricing and discusses the link between carbon pricing and climate change policies. The reading includes sections on Main types of carbon pricing International carbon pricing Regional, national and subnational carbon pricing Internal carbon pricing How to do carbon […]
Climate-Informed Development to Mitigate Global Poverty
Climate-Informed Development to Mitigate Global Poverty Reading A feature story on a comprehensive report by the World Bank that describes the threat of climate change to poor people and the ways to offset it through adaptation and mitigation strategies. The students will view an embedded video to understand the need for policies to manage the […]
Economic Recovery post COVID-19
Economic Recovery post COVID-19 Reading: A policy brief by The Grantham Research Institute on Climate Change and the Environment, London School of Economics and Policy and the Centre for Climate Change Economics and Policy (CCCEP), University of Leeds on the significance of carbon pricing for reducing carbon emissions in the context of post COVID-19 pandemic […]
Climate Change and Real Estate Pricing
Climate Change and Real Estate Pricing Audio An audio interview that introduces the effects of climate change on real estate pricing. This interview is by Climate Cast, MPR News, with Ed Walter, Urban Land Institute Global CEO. Students will learn how real estate firms view climate change and how rising sea levels, storm surges, and […]
Shadow Price and Social Cost of Carbon
Shadow Price and Social Cost of Carbon Reading A reading titled ‘The Social Cost of Carbon and the Shadow Price of Carbon’ by Richard Price, Simeon Thornton and Stephen Nelson Department for Environment, Food and Rural Affairs (Defra), London, that discusses the topics of social cost of carbon (SCC) and shadow pricing of carbon (SPC) […]
Capitalism and Global Warming
Capitalism and Global Warming Reading A reading by Jonathan T. Park, University of Utah, that discusses the link between climate change and capitalism. This reading discusses how consumer ideology in a capitalist society results in the overproduction and overconsumption of goods. It includes discussions on exploitation of natural resources, high energy expenditure, excess waste production […]
The Global Climate Change Game
The Global Climate Change Game Classroom/Laboratory Activity An interactive classroom activity ‘The Global Climate Change Game’ by James Copestake and Tom Ellum, University of Bath, that applies theoretical economic concepts in the context of climate change. The game involves role-play by students to understand.international climate change negotiations between countries influenced by ethics and morals. The […]
Pollution Permits and Opportunity Costs
Pollution Permits and Opportunity Costs Reading A reading by Holt et al. in the International Review of Economics Education, provided by The Economics Network, UK, that can be used for a classroom/laboratory activity to teach your students to identify and account for opportunity costs in production decisions. Students will learn about opportunity costs and tradable […]