Climate Change- A Market Failure
Climate Change- A Market Failure Reading A reading titled ‘Why do economists describe climate change as a market failure?’ by Alex Bowen, Simon Dietz and Naomi Hicks, that discusses how since climate change does not maximise societal welfare, it is a market failure. The reading focuses on the ‘greenhouse-gas externality’ that describes the indirect impact […]
Economic solutions for Climate Change
Economic solutions for Climate Change Audio As a teacher of Economics, this podcast can teach your students about Environmental Resources and Energy Economics, and use of carbon tax policy as a possible economic solution to climate change. This audio will help students understand the relationship between economics and climate change. Additionally, they will learn about […]
Climate Change, the Economy, and Society
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 […]
Carbon Pricing Dashboard of the World Bank
Carbon Pricing Dashboard of the World Bank Classroom/Laboratory Activity An interactive visualisation tool with map, data and downloadable graphs to understand the carbon pricing initiatives of various nations over a thirty-year period from 1991 to 2021. The tool ‘Carbon Pricing Dashboard- Map & Data’ of the World Bank includes greenhouse gas emissions, carbon prices implemented […]
The COVID-19 Pandemic, Recession and Economic Policies
The COVID-19 Pandemic, Recession and Economic Policies Reading A reading by Carbon Brief explaining how countries around the world design economic policies for a ‘green recovery’ from the recession due to the COVID-19 pandemic, by reducing carbon emissions while boosting their economies. Students will be introduced to terms such as green recovery, green stimulus, and […]
Economics and Global Climate Change
Economics and Global Climate Change Reading A reading to learn about the economic analysis of climate change, and various economic policies for climate change adaptation and mitigation. Students will read about and discuss topics on the economics of global climate change. These topics include trends and projections for global climate, cost-benefit studies of global climate […]
Economics of Climate Change with William Nordhaus, Nobel Laureate (2018)
Economics of Climate Change with William Nordhaus, Nobel Laureate (2018) Video This video lecture by William Nordhaus on the economics of climate change. This is a comprehensive video on the impacts of climate change and its effect on the economy, along with a focus on economic policy for climate mitigation and adaptation. Students will be […]
Environmental Economics: Climate Change as Market Failure
Impact of Climate Change on Environmental Economics: Climate Change as Market Failure Overview Overview As a High School or Undergraduate Economics teacher, you can use this set of computer-based tools to teach about national/international environmental protection, negative externalities such as global warming, and market failure associated with climate change. This lesson plan allows you to […]
Environmental Economics: Cap-and-Trade
Environmental Economics: Cap-and-Trade Overview As an Undergraduate Economics teacher, you can use this set of computer-based tools to help you in teaching climate mitigation environmental policies and specifically about the cap-and-trade system. This lesson plan allows you to teach about economic policy responses to climate change. This lesson plan includes resources to explain various policy […]
The COVID-19 Pandemic: Economic Policy for ‘Green Recovery’
Impact of Climate Change on The COVID-19 Pandemic: Economic Policy for ‘Green Recovery’ Overview As an Undergraduate Economics teacher, you can use this lesson plan to teach your students how countries around the world design economic policies for a ‘green recovery’ from the economic downturn due to the COVID-19 pandemic, by reducing carbon emissions while […]