The lecture course develops a set of economic ideas from economic theory that can be useful to develop pragmatic policy solutions for the environmental crises the world faces in 2021. A particular focus is on the implications of environmental impacts and environmental policy on inequality.
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Topics include, but are not limited to: an economic analysis of the sustainable development goals and economic theories of sustainability, decision-making for situations of environmental catastrophes, applying theories of justice to assessing the urgency of environmental problems, the use of behavioural economics for advancing environmental policy (especially health co-benefits of environmental protection), economic analysis of critiques of consumerism, the role of economic rents in understanding the macroeconomics of climate change and land use, difficulties with valuing biodiversity and the role of animal farming, a formal analysis of arguments for and against economic growth, the role of fiscal policy for environmental protection and political economy of carbon pricing. The course covers a selection of policy examples from around the world, with a focus on political feasibility.
- Trainer/in: Linus Mattauch