Materials

Slides 1 : An Introduction to Environmental Macroeconomics
Objectives of the Lecture:

  • Understanding the mechanism between human acticities and global warming;
  • Defining the concept of mitigation versus adaptation.
  • Getting the literature in environmental macroeconomics;

Materials:

Slides_intro.pdf Slides
Problem set: Optimal carbon pricing in static and dynamic economies
Objectives of the Lecture:
  • Demonstrating how an externality breaks the 2nd welfare theorem;
  • How carbon tax can improve allocation;

Materials:

problem_set.pdf Problem Set
Slides: DICE in Dynare
Objectives of the Lecture:
  • Mastering the main assumptions of DICE;
  • Solving DICE in Dynare;
  • Using symbolic toolbox to get the social cost of carbon;

Materials:

Slides_DICE.pdf Slides DICE MPC DICE A nice summary of DICE (calibration and equations) Dynare_DICE.zip DICE solved in Dynare