ClimEd

Erasmus+ ClimEd Project web-site

Home Course Economics of Climate Change: Case Studies and Best Practices in specific scope of activity

Economics of Climate Change: Case Studies and Best Practices in specific scope of activity

Category
Second level of higher education. Climate change mitigation and adaptation.
Short name
ECC EN
Number of ECTS credits (academic hours)
6 (180)
Teachers
Lviv Polytechnic National University
Lviv Polytechnic National University
Lviv Polytechnic National University
Lviv Polytechnic National University
Lviv Polytechnic National University
Lviv Polytechnic National University
Lviv Polytechnic National University

Course includes

6 modules:
Module #1 – Introduction. Understanding the economics of climate change;
Module #2 – Identify Mitigation Strategies;
Module #3 – Understand Monetary Policy Interactions;
Module #4 – Apply Basic Modelling Techniques;
Module #5 – Explore Adaptation Approaches;
Module #6 – Develop Policy Recommendations for Climate Resilience;
8 lectures;
11 practical works/homework assignments;
3 intermediate tests and 1 final exam

Course description

The course “Economics of Climate Change: Case Studies and Best Practices in Energy” is part of the Master’s degree program in Climate Policy and Energy. It aims to develop a systemic understanding of the economic mechanisms of climate change, including externalities, market failures, and government regulation tools that affect the development of energy systems. The course covers the analysis of decarbonization policies, economic modeling, and adaptation approaches that determine the resilience of the economy to climate risks and the transformation of the energy sector.

The course “Economics of Climate Change: Case Studies and Best Practices in Energy” develops a systemic understanding of the economic mechanisms of climate change, including externalities, market failures, and decarbonization policies. It aims to develop a systemic understanding of the effectiveness of mitigation instruments (carbon taxes, emissions trading), the interaction of climate and monetary policies, and also applies modeling to evaluate policy decisions. Special attention is paid to the economics of adaptation and the development of practical recommendations for increasing the climate resilience of vulnerable sectors.

Video materials