The Climate and The Economy, 7.5 credits

About the education

The aim of this course is to use economic tools to analyze environmental issues, especially those concerning climate change related to global warming. The course will introduce such tools and their use for analyzing the interplay between the economy and climate. It will also contemplate how economic policy can be used to influence the future development of the economy and the climate.

The focus of the course is on analyzing these issues on a global and regional level in the so-called general equilibrium: both the supply and demand of fossil fuels will thus be studied and modeled. The analysis of the economic policy regarding climate change will include measures designed to reduce and postpone the emission of greenhouse gases (mitigation), as well as measures designed to lessen the harmful effects of global warming (adaptation).

The course will begin with an introduction to useful models from Public Finance and growth theory. The models will be formulated mathematically rather than graphically in order to allow for quantitative, i.e. empirically oriented, analysis. The course will also include a simple description of certain scientific connections, especially the carbon cycle model. However, a critical review of these connections is outside the scope of this course.

Subject: Economics

Stockholm University offers one of the best environments in Europe for research and higher education in Economics. Former students are employed as economists in a wide range of fields, such as national and international organisations, government, business and finance. The Department of Economics at Stockholm University has 30 faculty members. Courses are also taught by researchers at the Instutite for International Economic Studies, IIES, and the Swedish Institute for Social Research, SOFI.

The Department of Economics is a member of the Socrates/Erasmus Exchange Program, and takes part in Stockholm University's NORDPLUS and central exchange agreements. For information see: Exchange studies.

The Department of Economics offers a two-year Master Programme in Economics as well as a Research Master Programme in Economics, both taught in English. Application is in January/February and courses start in late August or early September. For information see: Master programmes.

Doctoral studies in Economics at Stockholm University is organized by the Department of Economics in cooperation with IIES and SOFI. Stockholm University and the Stockholm School of Economics offer joint courses for PhD students in economics, economic statistics and finance within the Stockholm Doctoral Course Programme in Economics, Econometrics and Finance, SDPE. For information see: PhD programme.

Area of interest: Business and Economics

Business and Economics is important at all levels in society. Business Administration teaches you how companies and other organizations work and how they can achieve their goals in the best possible way.

Do you want a long-term perspective and are you interested in what causes financial crises and why certain economies grow faster than others? Then Economic History is the subject for you.

If you wish to study how decisions made by human beings affect society, then Political Economy is a wise choice.

Department responsible for education

Department of Economics