Environmental Macroeconomics

Catalog description

Reviews key applications of macroeconomic methods in environmental economics. These include theoretical and quantitative dynamic general equilibrium environment-economy models, optimal taxation and dynamic public finance, directed technical change and endogenous growth models, plus select applications (depending on student interest and concurrent course offerings) such as from finance and asset pricing, real business cycles, trade, and/or structural unemployment models.Also reviews empirical approaches that have been used in an effort to inform this macro work, and the frontier between these empirical and macro-structural approaches in the field.