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Introduction to Climate Change Economics

The Basics of Climate Economics

Externalities and Public Goods

The Costs and Benefits of Action vs. Inaction

Understanding Mitigation and Adaptation

Economic Costs of Climate Change

Benefits of Climate Action

Financial Risks and Global Markets

Climate Risk in Local Economies

Global Market Impacts

Quizzes

Foundations of Climate Economics Quiz

Externalities and Public Goods Quiz

Mitigation and Adaptation Strategies Quiz

Costs and Benefits Quiz

Financial Risks and Markets Quiz

Course Feedback

Course Evaluation Survey

Are you ready to understand the profound economic impacts of our changing climate. Welcome to 'Climate Change Economics: Costs, Benefits, and Financial Risks,' a comprehensive course designed to bridge the gap between environmental science and global economics.

Are you ready to understand the profound economic impacts of our changing climate? Welcome to 'Climate Change Economics: Costs, Benefits, and Financial Risks,' a comprehensive course designed to bridge the gap between environmental science and global economics. As climate change accelerates, its financial implications are reshaping industries, local communities, and global markets. This course provides a deep dive into how economists view the environment, natural resources, and the critical trade-offs we face today. You will explore foundational concepts such as economic externalities, public goods, and the tragedy of the commons, applying them directly to greenhouse gas emissions. Moving beyond theory, we will analyze the tangible costs of climate inaction on infrastructure, agriculture, and public health, while highlighting the immense economic benefits of transitioning to renewable energy and creating green jobs. Furthermore, you will uncover the financial risks threatening local economies, property values, and global supply chains, including the transition risks associated with moving away from fossil fuels. Whether you are a business professional, a policy maker, or an environmental advocate, this course will equip you with the analytical tools needed to navigate and lead in a climate-conscious economy. Join us to master the economic strategies of mitigation and adaptation, and learn how international agreements are shaping the future of global markets.

Climate Change Economics: Costs, Benefits, and Financial Risks

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            <p>The intersection of environmental science and economic policy presents one of the most critical challenges of the modern era. <em>Climate Change Economics: Costs, Benefits, and Financial Risks</em> provides a comprehensive examination of how fundamental economic principles apply to the global climate crisis. By analyzing the environment through the lens of scarcity, trade-offs, and externalities, this course establishes a rigorous understanding of why the global climate is considered a public good and how the tragedy of the commons manifests in greenhouse gas emissions. Furthermore, the curriculum evaluates the economic dichotomy of action versus inaction, detailing the direct physical costs to infrastructure and agriculture, the hidden tolls on public health, and the strategic differences between mitigation and adaptation efforts, such as carbon pricing and local community investments.</p>

<p>Beyond the immediate physical impacts, the coursework delves into the profound financial risks and market transformations driven by changing weather patterns. Participants will explore how local economies, property values, tax revenues, and insurance markets respond to climate-related damages, alongside the broader disruptions to international supply chains. The program equally highlights the economic opportunities inherent in proactive climate action, emphasizing the long-term financial savings, the transition to renewable energy sources, and the subsequent creation of green jobs. By examining transition risks and the pivotal role of international agreements, learners will develop a nuanced perspective on how global markets are shifting away from fossil fuel dependency. Through a series of structured modules and comprehensive assessments, this course equips individuals with the analytical tools required to navigate the complex economic realities of a changing climate.</p>
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