Wirtschaftswissenschaftliche Fakultät

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Seminar in Environmental and Resource Economics


Dozent(in): Dr. T. Ziesemer
Termin: 02/May/17, 10 a.m. – 12 noon, FW 2102; 09/May/17, 10 a.m. – 11 a.m., FW 2101; 23/May/17, 10 a.m. – 12 noon, FW 2101
Gebäude/Raum: FW 2102; FW 2101

Concept

The Seminar in Environmental and Resource Economics is open for ERASMUS-students who want to deepen their understanding of current topics in both environmental and resource economics.

The topics in environmental economics focus on the economics of climate change. Based on the scientific background of the Fifth Assessment Report by the Intergovernmental Panel on Climate Change (IPCC), global warming and climate change pose unprecedented challenges for environmental economics. Numerous fields of uncertainty, the long term accumulation of greenhouse gases, the possibility of irreversible events and the risk of catastrophes complicate the economic analysis immensely. Especially the long-run, time-delayed and uncertain harmful effects of accumulated emissions make cost-benefit analyses difficult and entail ongoing controversies about the timing and choice of adequate strategies to face climate change.

The chapter about resource economics is split in topics dealing with non-renewable and renewable resources. Analyzing the economics of non-renewable resources usually involves the investigation and measurement of resource scarcity. The basic model to do so is the Hotelling-rule which, however, has not received much empirical support. Several advancements of the rule nevertheless allowed including substantial drivers of resource scarcity such as stock dependent extraction costs and technological change. Renewable resources on the other hand are able to reproduce themselves. But not only can renewable resources become scarce, they can be driven to extinction which respective economic models also predict. Preserving populations then necessitates the right choices of management regimes and adequate regulation.

Participants of this seminar have to write a paper (minimum: 20 pages) and present their results in the seminar.


Prerequisites

Participants need a sound knowledge of microeconomic theory and a basic understanding of either environmental or resource economics.


Topics

The topics will be announced in the seminar’s first meeting on 02/May/17 at 10 a.m. in room FW 2102. Introductory literature can be found here.

Formal guidelines can be found in our "Guideline for writing a scientific paper".


weitere Informationen zu der Lehrveranstaltung:

empfohlenes Studiensemester der Lehrveranstaltung: ab dem 5. Semester
Fachrichtung Lehrveranstaltung: Erasmus
Dauer der Lehrveranstaltung: 3 SWS
Typ der Lehrveranstaltung: S - Seminar
Semester: SS 2017