climate change.pdf


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Objectives
• To develop an understanding of the economics
of climate change
• Recognise that climate change is an externality
and the “greatest market failure in the world”
• To understand the potential impact of climate
change and the need for economic policies to
stabilise the problem
• To examine the disaggregated impact of climate
change on developed and developing countries
• Recognise and discuss the possible polices
which can be used to control climate change