ENR-22806 Principles of Climate Change Economics and Policy


Studiepunten 6.00

Course coordinator(s)dr. EH van der Werf
Lecturer(s)dr. ir. CSA van Koppen
dr. EH van der Werf
Examiner(s)dr. ir. CSA van Koppen
dr. EH van der Werf

Language of instruction:


Continuation courses:

ENP-36306 Climate Governance


The course provides an introduction to the principles of economic and policy aspects of climatic change. We explain the functioning of the market mechanism and its failure in protecting the environment and various options for climate policies. Specific attention is given to public goods and externalities. The course deals with the costs and benefits of various climate options and provides the disciplinary background to understand national and international climate policies, both for adaptation and mitigation. Based on up-to-date literature the students will get acquainted with recent developments in international climate policies and the economic aspects. The specific role of costs benefit analysis and scenario studies are discussed and the role of discounting.
The course will use results of IPCC studies and the Stern report, in combination with studies from the international literature. Special attention will be paid to the Kyoto protocol and the post-Kyoto agreements.
This course is not intended for students of the social sciences; they are referred to ENP-36306 Climate Governance.

Learning outcomes:

After successful completion of this course students are expected to be able to:
- explain the basic principles of environmental economics and policy;
- apply the principles of economics and policy to key issues of climate change, including mitigation and adaptation;
- explain the tradable permit system, the clean development mechanism (CDM) and joint implementation (JI);
- explain the positions of the various countries and regions in the climate debate, the post-Kyoto negotiations and EU climate change regulation.


The course includes lectures, tutorials and an essay. Students are expected to attend the lectures and prepare by reading the course material of those lectures. Tutorials will be used to practice with the material discussed in the lectures, or to further discuss selected issues. Students may be asked to prepare for a tutorial by reading a selected scientific article. As regards the essay, students will choose a topic of their interest related to climate change economics or policy. They will then select a number of up-to-date journal articles on this topic in order to write a review on the papers, the approaches and theories used in the papers, and the conclusions. The review will contain a) a concise description of the contents of each paper and b) a critical own reflection on the contents of the papers and how the papers and their conclusions are related to each other or where they differ or even contradict.


Written examination.


To be announced in the course outline in order to provide up to date literature.

Verplicht voor: BESEnvironmental SciencesBScA: Environmental Policy and Economics1AF
Keuze voor: MCLClimate StudiesMSc1AF
MCLClimate StudiesMSc1AF
MCLClimate StudiesMSc1AF
MCLClimate StudiesMSc1AF
Verplicht voor: WUEPMBSc Minor Environmental Policy and Management1AF
Keuze voor: WUCLCBSc Minor Climate Change: Mitigation and Adaptation Strategies for Society1AF
WUGISBSc Minor Geo-information for Environment and Society1AF