Economics Department main page ECO1340 - Economics of Global Warming
Fall 2018 Schedule
Professor Matthew Turner
Department of Economics
Brown University
  • Course description and requirements
  • Office hours

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