Economics Department main page ECO1340 - Economics of Climate Change
Fall 2021 Schedule
Professor Matthew Turner
Department of Economics
Brown University
  • Course description and requirements
  • Office hours

    Announcements:

  • This site under construction, summer 2021. .

    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.

    Topic Reading Problems Solutions
    #1:Introduction, Carbon Accounting
    Notes #1
    September 8, 13
    Required:
    • Hansen to p111
    • Nordhaus, Ch 1
    Optional:
    PS#1, due Sept. 20 solution
    #2: Trends in Climate and CO2
    Notes #2
    September 15
    Required: Optional:
    #3: Uncertainty and the warming hiatus
    Notes #3
    September 20
    Required:
    • Finish Hansen
    Optional:
    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
    In class midterm
    #8: Mitigation
    Notes #8.
    October 27
    PS#6, due Nov. 3
    #9: Solving for the optimal mitigation policy
    Notes #9.
    Nov. 1, Nov. 3
    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. 8
    #10: The tragedy of the commons
    Notes #10.
    November 8, 10

    Required: Optional: The lectures are based in part on Cheung, Ostrom is stories about common property in reality. PS#8, due Nov. 15
    Don't leave this one until the last minute.
    #11: Regulation
    Notes #11.
    November 15, 17
    Stavins is required. The Weitzman paper is hard and optional. PS#9, due Nov. 22
    #12: Regulation continued
    November 22, 29, December 1
    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 6, 8
    Frankel is required as is the Reference manual to p 40. The text of the Kyoto Protocol is optional. Related material:
    Final, TBD 2019 final exam Old final exams:
    2012 final exam 2018 final exam