OAFP 8075 - The Role of Models in Addressing Socio-Economic and Environmental Challenges

Political decisions and their implementation to address the many socio-economic and environmental challenges of this century are increasingly based on forward-looking scenarios evaluated by modeling tools designed as public goods. These technical tools rely on specific theoretical frameworks and the mobilization of various data sources, which, without knowledge of their existence and their implications on the results obtained, can lead to biased interpretations or, at the very least, insufficiently critical ones. This course adopts a national, European, and international perspective on the use of these tools. It is based on the technical review of some representative models, whether microeconomic, macroeconomic, or technico-economic. This course is aimed at a multidisciplinary audience that does not necessarily intend to become practitioners of technico-economic modeling but wishes to familiarize themselves with it to gain an increased understanding of their role, contributions, and limitations.
Paul MALLIET,Meriem HAMDI-CHERIF
Enseignement électif
English
There are no specific prerequisites for this course regarding the mastery of mathematical tools as generally expected in an economics course. A minimal knowledge of the phenomenon of climate change and its consequences on human activity is nevertheless desired. Each student is expected to read the latest IPCC Synthesis report.
Autumn 2024-2025
The final grade will rest on three components:
- Group work on a research topic, with a presentation of the results followed by a discussion. (40%)
- An online final exam consisting of several questions designed to assess the student's understanding of the lectures given (50%)
- Student engagement during the semester (10%).
IPCC, Climate Change 2023: Synthesis Report. Contribution of Working Groups I, II and III to the Sixth Assessment Report of the Intergovernmental Panel on Climate Change [Core Writing Team, H. Lee and J. Romero (eds.)]. Geneva, Switzerland, IPCC, 2023
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Nordhaus (William), Climate Change: The Ultimate Challenge for Economics , American Economic Review 109 (6), 1991 - 2014 , American Economists Association, 2019
Calel (Raphael) & Stainforth (David A.), New priorities for climate science and climate economics in the 2020s , Nat Commun 11, 3864, 2020
Guesnerie (Roger) & Tulkens (Henry), The Design of Climate Policy, Cambridge, MIT Press, 2008
Hourcade (Jean- Charles), Modelling long- run scenarios: Methodology lessons from a prospective study on a low CO 2 intensive country , Energy Economics, Elsevier, 1993
Hof (Andries F.) & den Elzen (Michel G. J.) & van Vuuren (Detlef P.) , Environmental effectiveness and economic consequences of fragmented versus universal regimes: what can we learn from model studies?, International Environmental Agreements: Politics,
Grubb (Michael) & Hourcade (Jean- Charles) & Neuhoff (Karsten), Planetary Economics: energy, climate change and the three domains of sustainable development , Routledge/Taylor & Frances, 2014
Pisani - Ferry (Jean) & Mafhouz (Selma), Les Incidences Économiques de l'Action pour le Climat , Paris, France Stratégie, 2023
Newell (Peter), Power Shift: The Global Political Economy of Energy Transitions , Cambridge, Cambridge University Press, 2021E Cambridge, Cambridge University Press, 2021