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Climate change has become a key concern for policymaking, and in some countries is seen as part of core economic policy. Cutting greenhouse gas emissions will require changes in technologies, production and consumption. To achieve climate change mitigation at acceptable economic cost, and within constraints of political feasibility, requires well designed policies. Meanwhile, communities and businesses will need to prepare for impacts from climate change and adapt to them, presenting a different set of challenges for policy, institutions and development strategies.
This course provides an introduction to the principles and practice of domestic economic policymaking for climate change. It introduces students to the major debates and policy instruments, and provides a grounding for analysis of policy options.
The course covers the theory and practice of carbon pricing and alternative policy instruments for climate change mitigation, and principles and policy approaches for adaptation to climate change. It explores practical challenges of climate policy choice and design in developed and developing countries, with case studies from Australia, China and other countries. Economic concepts will be presented in a way that is accessible to non-economists.
Students are encouraged to actively engage and share their own perspectives.
This course is research-led teaching. Much of the material covered relates to issues that are of direct and current policy interest in a range of countries, and the lecturers are engaged in research on these issues. The course is being convened and taught by Dr Frank Jotzo, Director of the Centre for Climate Economics and Policy at the Crawford School. Prominent guest lecturers contribute to some of the sessions.
Students are encouraged to actively engage in discussion, and share their own perspectives.
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
- Be familiar with the main concepts and debates on climate change economics and policy within countries;
- Understand the principles and practical application of key policy instruments for climate change in different contexts;
- Be able to critically assess policy proposals and put forward possible approaches.
Indicative Assessment
- Essay 1 (35) [LO 1,2,3]
- Essay 2 (35) [LO 1,2,3]
- Exam (20) [LO 1,2]
- Seminar presentation (10) [LO 1,2]
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Workload
For a 6 unit course the standard workload is 130 hours including class attendance and independent study.
Inherent Requirements
Not applicable
Prescribed Texts
See Wattle.
Fees
Tuition fees are for the academic year indicated at the top of the page.
Commonwealth Support (CSP) Students
If you have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). More information about your student contribution amount for each course at Fees.
- Student Contribution Band:
- 34
- Unit value:
- 6 units
If you are a domestic graduate coursework student with a Domestic Tuition Fee (DTF) place or international student you will be required to pay course tuition fees (see below). Course tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.
Where there is a unit range displayed for this course, not all unit options below may be available.
| Units | EFTSL |
|---|---|
| 6.00 | 0.12500 |
Course fees
- Domestic fee paying students
| Year | Fee |
|---|---|
| 2021 | $2940 |
- International fee paying students
| Year | Fee |
|---|---|
| 2021 | $4890 |
Offerings, Dates and Class Summary Links
ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.