As a teacher of undergraduate Economics you can use this set of computer-based tools when teaching Cost Benefit Analysis.
Introduction to the Lesson Plan
Your current lesson plan can be augmented with the following resources of this Lesson Plan
- Reading that introduces the concept of Cost Benefit Analysis
- Reading introducing Cost-Benefit studies of global climate change from lesson plan titled ‘The Economics of Global Climate Change’
- Video describing how the economic cost of climate change is quantified
- Laboratory Activity that introduces Cost Benefit Analysis and how the costs and benefits of carbon abatement are calculated.
Thus, the use of this toolkit allows you to integrate the teaching of a climate science topic with a core topic in Economics.
|Topic(s) in discipline
||Cost Benefit Analysis; Carbon Abatement
||Online and Offline
||Energy, Economics, and Climate Change; Policies, Politics, and Environmental Governance
|1. Your current lesson plan can be augmented with the following resources of this toolkit:
||A reading introducing the concept of Cost Benefit Analysis in Economics.
By Thayer Watkins, Department of Economics, San Jose State University
||This reading introduces the Cost-Benefit studies of global climate change. It stresses on the economic analysis of climate change. The reading is part of a lesson plan titled ‘The Economics of Global Climate Change’ and contains several sections that introduce the Economics of Climate Change such as Cost Benefit Studies, Climate Change and Inequality, Policy Responses to Climate Change including Mitigation, Carbon Taxes, Cap and Trade, amongst others.
The Economics of Global Climate Change Jonathan M. Harris, Brian Roach, and Anne-Marie Codur at Global Development and Environment Institute at Tufts University
||Video titled ‘Quantifying the Economic Cost of Climate Change’ by Solomon Hsiang, University of California at Berkeley. Video length 20.14 minutes
|4. Classroom/Laboratory Activity
||In this activity titled ‘Abating Carbon Emissions’, students are introduced to the concept of Cost Benefit Analysis and how the costs and benefits of carbon abatement are calculated. They also learn to calculate the price of carbon emissions for an efficient global carbon abatement level. This is a complete lesson plan that contains all background information as readings and presentation in addition to the main activity.
Developed by Gautam Sethi (Bard College), Curt Gervich (SUNY Plattsburgh), and Robyn Smyth (Bard College) and hosted at InTeGrate at Science Education Resource Center at Carleton Colleg
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