Course Details
Country:
Germany
Institution:
Goethe - University Frankfurt
Course Title:
Macroeconomics of Climate Change
Course Number:
Course Description:
The objective of the course is to offer a deep knowledge of the climate change impacts on the economy in the short and medium term. The first part of the course is dedicated to the description of the link/channels, through which, the physical and transition risks have an impact on the economic activity. Next, we study the reaction of the policy makers, both fiscal and monetary authorities, followed by the impacts on the financial sector. Finally, we analyse the macro modelling challenges (Integrated Assessment Models, Semi Structural Models and DSGE Models) used for projections and evaluation of alternative scenarios. Moreover, some time will be spent to analyse the importance of some special topics such as Climate Change and income inequality, Stranded Assets, Uncertainty and Carbon Tax.
Language:
English
Approved Equivalent:
ECON 335
Attachment Files:
