ESM 229
Economics and Policy of Climate Change
University of California Santa Barbara · UGRD · Fall 2026
Catalog description
Anthropogenic climate change is one of the biggest challenges facing modern society. Economics provide a powerful intellectual foundation for understanding and analyzing many of these challenges. This course employs insights and tools from economics to understand climate change impacts, the design of mitigation and adaptation policies, and the consequences of these policies. Special attention will be paid to how climate impacts and policies could exacerbate or alleviate existing social inequities. Lectures are designed to help students become critically-minded practitioners of climate policy by using empirical evidence and economic reasoning. Problem sets expand students skillsets in statistical analysis and numerical modeling.
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