Cynlluniau Astudio
Economics and Climate Change
Information provided by Aberystwyth Business School
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N/A
Information provided by Aberystwyth Business School
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Business and Management
Information provided by Aberystwyth Business School
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September 2023
Information provided by Aberystwyth Business School
- Economics can play a key role in tackling climate change. Economics provides an understanding of the incentive structures of consumers and firms and helps to explain why and how governments might intervene in markets to deliver climate friendly policies and institutions. Through the study of economics, students will gain an understanding of the failures of ‘conventional’ markets to effectively tackle climate change. Drawing on sub-disciplines of environmental and ecological economics, students will develop an appreciation of how local, national and international policies can be developed to provide incentives such as carbon trading schemes and taxes, to reduce emissions. Economics can also help us understand the role of institutions, such as the IPCC, in setting international targets for carbon emissions. A knowledge of economics also provides insights into mechanisms for transformative societal change such as moves to a carbon neutral economy, transitions to Green GDP, and an understanding the impact of climate change on equity issues between developed and developing countries.
A combination of economic and climate change modules allows students to develop the interdisciplinary skills needed to understand and create solutions to the climate crisis. The degree in ‘Economics and Climate Change’ will prepare students to become future leaders in the fight against climate change. In this degree, students combine a knowledge of the science of climate change with a wide range of economic tools in order to understand and develop policies and incentives to a transition to a carbon neutral economy. The degree thus explores creative ways in which policies can be developed to respond to the challenge and opportunities of the current climate crisis. It will equips students with relevant subject specific knowledge alongside the inter-disciplinary, interpersonal skills and attributes needed to create a more just and sustainable world. The specific aims of this scheme are:
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To stimulate students intellectually through the study of economics and to lead them to appreciate its application to a range of problems and its relevance across a range of contexts, and in the area of climate change in particular.
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To provide a firm foundation of knowledge about the workings of economic systems and to develop the relevant skills for the constructive use of that knowledge to tackle problems of economic policy, including those of climate change.
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To provide students with analytical skills and an ability to develop simplifying frameworks for studying the real world. They should be able to appreciate what would be appropriate levels of abstraction in order to study a range of economic issues, including climate change.
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To develop in students an ability to interpret real world economic events and critically assess a range of types of evidence.
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To generate in students an appreciation of the economic dimension of a wide range of business, social, political and environmental issues.
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To develop Economic graduates with an appreciation of social responsibilities, including in the area of climate chang
Information provided by Aberystwyth Business School
- The learning outcomes of this programme are designed to meet the expectations of the benchmarking statement for General Business and Management. The programme provides opportunities for students to develop and demonstrate knowledge and understanding, skills, qualities and other attributes in the following areas.
Information provided by Aberystwyth Business School
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By the end of their programme, all students are expected to be able to demonstrate:
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A1 A thorough understanding of basic economic theories and models covering microeconomic issues of decision and choice, the production and exchange of goods, the pricing and use of inputs, the interdependency of markets, the relationships between principals and agents, and economic welfare; as well as the macroeconomic issues of employment, national income, the balance of payments, the distribution of income, inflation, growth and business cycles, money and finance.
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A2 Understanding of relevant mathematical and statistical techniques.
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A3 Appreciation of the history and development of economic ideas and the differing methods of analysis that have been and are used by economists.
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A4 Ability to apply core economic theory and reasoning to a variety of applied topics. Understanding and awareness of how basic economic theory can be used to design, guide and interpret commercial, economic, social and environmental, policy.
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A5 Ability to discuss, analyse and evaluate government policy and to assess the performance of the UK and other economies and of the global economy.
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A6 Understanding of verbal, graphical, mathematical and econometric representation of economic ideas and analysis, including the relationship between them.
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A7 Ability to interpret the relevant statistical data.
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A8 Knowledge and appreciation of the nature, sources and uses of economic data, both quantitative and qualitative.
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A9 Understanding of the science and impacts of climate change from multiple disciplinary perspectives.
Learning and Teaching
Lectures, tutorials, seminars and problem-based scenarios, group work, presentations and computer practicals. Dissemination of individual module outlines complete with reading lists, assessment methods and assignment instructions. Contact with module co-ordinators and lecturers. Feedback on assignments. University e-learning facility (Blackboard).
Assessment Strategies and Methods
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Coursework - planning, preparatory research, writing and feedback.
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Examination - unseen.
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Project work - case studies, presentations and group work
Information provided by Aberystwyth Business School
- 10.2.1 Intellectual Skills
By the end of their programme, all students are expected to be able to demonstrate:
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B1 Cognitive skills of critical thinking, analysis and synthesis. This includes the capability to identify assumptions, evaluate statements in terms of evidence, to detect false logic or reasoning, to define terms adequately and to generalise appropriately.
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B2 Effective problem solving and decision making.
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B3 Using appropriate qualitative and quantitative skills, including data analysis, interpretation and extrapolation and using models/frameworks of economic problems and phenomena.
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B4 Identifying, formulating and solving business problems, demonstrating the ability to create, evaluate and assess a range of options together with the capacity to apply ideas and knowledge to a range of situations.
Lectures, tutorials, seminars and problem-based scenarios, group work, presentations and computer practicals. Dissemination of individual module outlines complete with reading lists, assessment methods and assignment instructions. Contact with module co-ordinators and lecturers. Feedback on assignments. University e-learning facility (Blackboard).
Assessment Strategies and Methods
Coursework - planning, preparatory research, writing and feedback. Examination - seen, unseen. Project work - case studies, presentations and group work
10.2.2 Professional practical skills / Discipline Specific Skills
By the end of their programme, all students are expected to be able to demonstrate:
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C1 Knowledge and understanding of the workings of economic systems
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C2 An ability to develop simplifying frameworks for studying the real world, and identify appropriate levels of abstraction in order to study a range of economic issues.
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C3 An ability to interpret real world economic events and critically assess a range of types of evidence.
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C4 An appreciation of the economic dimension of business decisions and wider social, political and environmental issues.
Lectures, tutorials, seminars and problem based scenarios, group work, presentations and computer practicals. Dissemination of individual module outlines complete with reading lists, assessment methods and assignment instructions. Contact with module co-ordinators and lecturers. Feedback on assignments. University e-learning facility (Blackboard).
Assessment Strategies and Methods
Coursework - planning, preparatory research, writing and feedback. Examination - unseen. Project work - case studies, presentations and group work
Information provided by Aberystwyth Business School
- By the end of their programme, all students are expected to be able to demonstrate:
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D1 Problem solving skills
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D2 Research skills
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D3 Communication skills
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D4 Improving own learning and performance
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D5 Team work skills
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D6 Information technology skills
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D7 Quantitative skills
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D8 Personal development and career planning
Lectures, tutorials, seminars and problem based scenarios, group work, presentations and computer practicals. Dissemination of individual module outlines complete with reading lists, assessment methods and assignment instructions. Contact with module co-ordinators and lecturers. Feedback on assignments. University e-learning facility (Blackboard).
Assessment Strategies and Methods:
Coursework - planning, preparatory research, writing and feedback. Examination - unseen. Project work - case studies, presentations and group work
BSC Economics and Climate Change [FL71]
Blwyddyn Academaidd: 2023/2024Cynllun Anrhydedd Sengl - ar gael ers 2020/2021
Hyd (astudio Llawn Amser): 3 blwyddynMicroeconomics Theory and Policy Applications