Economics Department main page ECO1340 - Economics of Climate Change
Fall 2021 Schedule
Professor Matthew Turner
Department of Economics
Brown University
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    The following schedule describes the material to be covered during the term. The dates on which particular material will be covered and when asignments are subject to change depending on our rate of progress. Please check this schedule at least weekly for updates and changes.

    We'll cover these four for sure. Try to read through them all.
    Topic Reading Problems Solutions
    #1:Introduction, Carbon Accounting
    Notes #1
    September 8, 13
    • Hansen to p111
    • Nordhaus, Ch 1
    PS#1, due Sept. 22 solution
    #2: Trends in Climate and CO2
    Notes #2
    September 15
    Required: Optional:
    #3: Uncertainty and the warming hiatus
    Notes #3
    September 20
    • Finish Hansen
    PS#2, due Sept. 27
    #4: Climate damage I
    Notes #4
    September 22, 27
    Required: PS#3, due Oct. 4
    #5: Climate damage II
    Notes #5.
    Sept. 29, October 4
    Both readings are required. Dell et al is difficult. Do your best, but don't expect to get it all. Just the first two pages of Roberts and Schlenker are required. PS#4, due Oct. 13
    #6: Climate damage III: Evidence from the Little Ice-age
    Notes #6.
    October 6, 13
    We'll cover these if we end up ahead of schedule:
    #7: Discounting, or how to compare present and future consumption
    Notes #7.
    October 18, 20
    Required: PS#5, due Oct. 25
    October 25
    Take home midterm
    Take home midterm, due Nov 1, 5pm
    #8: Mitigation
    Notes #8.
    November 1
    Required. This paper is pretty hard. Concentrate on understanding Figures 3a and 8a: PS#6, due Nov. 8
    #9: Solving for the optimal mitigation policy
    Notes #9.
    Nov. 3, 8
    Required: This is a more technical version of Nordhaus' chapters 2-4. It's optional, but if you can do the math, it's easier to get through and you can read it INSTEAD of the book. Optional. More facts about mitigation. PS#7, due Nov. 15
    #10: The tragedy of the commons
    Notes #10.
    November 15, 17 (no class Nov. 10)

    Required: Optional: The lectures are based in part on Cheung, Ostrom is stories about common property in reality. PS#8, due Nov. 22
    Don't leave this one until the last minute.
    #11: Regulation
    Notes #11.
    November 22, 29
    Stavins is required. The Weitzman paper is hard and optional. PS#9, due Dec. 1
    #12: Regulation continued
    December 1, 6
    The lecture is based on these two readings. Spence will likely be too hard, so it is optional. The Page chapter is required. PS#10, due Dec. 8
    #13:Treaties and existing regulation
    Notes #12.
    December 8
    Frankel is required as is the Reference manual to p 40. The text of the Kyoto Protocol is optional. Related material:
    Final, Dec 14, 11:59pm 2021 final exam
    Old final exams:
    2019 final exam 2012 final exam 2018 final exam