Economics Department main page ECO1340 - Economics of Global Warming
Fall 2017 Schedule
Professor Matthew Turner
Department of Economics
Brown University
  • Course description and requirements
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    The following schedule describes the material to be covered during the term. Please check this schedule at least weekly for updates and changes.

    Topic Reading Problems Solutions
    #1:Introduction, measuring climate change and CO2, and the link between them
    Notes #1
    September 6, 11
    Required: Optional: PS#1, due Sept.18 solution
    #2: Carbon cycle, emissions and consumption, and emissions levels and trends.
    Notes #2
    September 13, 18
    Required:
    • Nordhaus, Ch 1
    • Hansen p112-71
    Optional:
    PS#2, due Sept.25 solution
    #3: Uncertainty and the warming hiatus
    Notes #3
    September 20
    Required:
    • Finish Hansen
    Optional:
    #4: Climate damage I
    Notes #4
    September 25, 27
    Required: PS#3, due Oct.2 solution
    #5: Climate damage II
    Notes #5.
    October 2, 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. 11
    Just problems #2 and #3. Skip #1.
    #6: Climate damage III
    Notes #6.
    October 11
    Pick two to read:
    Midterm
    October 16
    midterm 2016, solution 2016
    #7: Discounting, or how to compare present and future consumption
    Notes #7.
    October 18, 23
    Required: PS#5, due Oct.21
    #8: Mitigation
    Notes #8.
    October 25
    PS#6, due Nov. 1
    #9: Solving for the optimal mitigation policy
    Notes #9.
    Oct. 30, Nov. 1
    Required:
    • Nordhaus Ch 2-5
    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. 6
    #10: The tragedy of the commons
    Notes #10.
    November 6, 8
    Required: Optional: The lectures are based in part on Cheung, Ostrom is stories about common property in reality. PS#8, due Nov. 13
    #11: Regulation
    Notes #11.
    November 13, 15
    Stavins is required. The Weitzman paper is hard and optional.
    #12: Regulation continued
    November 20, 27, 29
    (No class Nov. 22)
    The lecture is based on these two readings. Spence will likely be too hard, so it is optional. The Page chapter is required. PS#9, due Dec. 6
    #13:Treaties and existing regulation
    Notes #12.
    December 6
    (No class Dec. 4)
    Frankel is required as is the Reference manual to p 40. The text of the Kyoto Protocol is optional. Related material:
    Old final exams:
    2016f final exam
    2016s final exam
    2011 final exam
    2012 final exam