Information Package / Course Catalogue
| Course Code | : MLY430 |
| Course Type | : Area Elective |
| Couse Group | : First Cycle (Bachelor's Degree) |
| Education Language | : Turkish |
| Work Placement | : N/A |
| Theory | : 3 |
| Prt. | : 0 |
| Credit | : 3 |
| Lab | : 0 |
| ECTS | : 5 |
This course examines the economic and fiscal dimensions of climate change from a public finance perspective. Topics include carbon pricing, emissions trading, the social cost of carbon, international climate cooperation, adaptation policies, climate risks, insurance mechanisms, and resilience investments. The course aims to develop students’ analytical skills in the design and evaluation of climate policies.
The course covers the economic foundations of climate change, carbon taxes, emissions trading systems, climate policy under uncertainty, the social cost of carbon, international climate cooperation, carbon leakage, border carbon adjustments, adaptation policies, risk management, insurance mechanisms, public adaptation investments, and the financing of climate resilience. Theoretical analysis is complemented by numerical applications and policy evaluations.
| 1. | Analyze climate change as a global externality and explain the economic foundations of mitigation and adaptation policies. |
| 2. | Evaluate carbon taxes, emissions trading systems, and other climate policy instruments in terms of efficiency, costs, and distributional impacts. |
| 3. | Apply the concepts of the social cost of carbon, discounting, and uncertainty in the economic analysis of climate policies. |
| 4. | Assess climate adaptation investments, insurance mechanisms, and risk-management tools from a public finance perspective. |
| 5. | Evaluate climate policy options with respect to economic efficiency, fiscal sustainability, and climate justice. |
| 1. | Aldy, J. E., & Stavins, R. N. (Eds.). (2012). The economics of climate change: Adaptations past and present. University of Chicago Press. |
| 2. | Stern, N. (2007). The economics of climate change: The Stern review. Cambridge University Press. |
| 3. | Tol, R. S. J. (2019). Climate economics: Economic analysis of climate, climate change and climate policy. Edward Elgar Publishing. |
| Type of Assessment | Count | Percent |
|---|---|---|
| Attending Lectures | 10 | %10 |
| Assignment | 1 | %20 |
| Term Assignment | 1 | %20 |
| Final Examination | 1 | %50 |
| Activities | Count | Preparation | Time | Total Work Load (hours) |
|---|---|---|---|---|
| Lecture - Theory | 14 | 0 | 3 | 42 |
| Assignment | 1 | 0 | 20 | 20 |
| Term Project | 1 | 0 | 20 | 20 |
| Reading | 14 | 0 | 2 | 28 |
| Final Examination | 1 | 0 | 20 | 20 |
| TOTAL WORKLOAD (hours) | 130 | |||
PÇ-1 | PÇ-2 | PÇ-3 | PÇ-4 | PÇ-5 | PÇ-6 | PÇ-7 | PÇ-8 | PÇ-9 | PÇ-10 | |
OÇ-1 | 5 | 5 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
OÇ-2 | 4 | 5 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
OÇ-3 | 4 | 5 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
OÇ-4 | 3 | 5 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
OÇ-5 | 4 | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |