PhD Course – University of Copenhagen

­PhD Course in The Economics of Sustainability, Growth, and Climate Change

About

This course aims to provide solid background in the economics of sustainability, growth and climate change for PhD students and young researchers with no or very little background in economics but who have a strong interest in the interdisciplinary aspects of sustainability, growth, and climate change.

The course will cover both the theoretical and practical aspects of the economics of sustainability and growth and give examples of how economic theory and the application of economic theory can be applied to understand the complicated relations between sustainability and growth.

When

Copenhagen 16-21 October 2014
The Course is held in the days immediately preceding and conjunction with the IARU hosted Sustainability Science Congress.
A one-day ticket for October 22nd to the congress is granted as part of the PhD course.

The course will address the following issues:

Introduction to principles in environmental economics

  • The economic principles related to sustainability
  • The economic principles related to economic growth
  • The links between sustainability, growth, and climate change

Welfare economics and the environment

  • Externalities, public goods, property rights, and market failure
  • Pollution control instruments
  • Taxes, marketable permits and subsidies
  • Dealing with uncertainty

Green accounting, genuine saving and sustainability

International climate policy (climate change mitigation)

  • Non-cooperative versus full cooperative mitigation behaviour
  • Game theory
  • Incentives to participate in global climate agreement

Economic aspects of adaptation to climate change

  • Economic and policy instruments to promote adaptation

Ethical principles underlying equity and environmental justice considerations in the climate change context

Discounting and the choice of a social discount rate

  • Time declining social discount rate
  • Equity weighting

Learning outcome

After completing this course, the participants will be familiar with:

  • The principal in environmental economic theory applicable to explore the complicated relations between sustainability, growth and climate change
  • The economic and policy instruments available to cope with challenges related to sustainability, growth and climate change
  • Empirical work dealing with sustainability, growth and climate change
  • State of the art of the research related to sustainability, growth and climate change

After completing the course, the students will be able to understand the key elements in environmental economics, sustainability, growth and climate change and have the knowledge to be part of interdisciplinary research were environmental economics is playing a key role.

Upon completing all the course activities, participants will be awarded 5 ECTS credits and a course certificate.

Organisers and lecturers

  • Professor Peder Andersen, Department of Food and Resource Economics, University of Copenhagen*
  • Professor Peter Birch Sørensen, Department of Economics, University of Copenhage*
  • Associate Professor Alex Dubgaard, Department of Food and Resource Economics, University of Copenhagen*
  • Professor Kirsten Halsnæs, Climate Change and Sustainable Development Programme, Danish Technical University

  • International capacities in sustainability, growth, and climate change who participate in the congress

* also organisers

Course format/programme

The course will follow an interactive workshop style where lectures will be complemented with plenum discussions and presentations by the participants.