Economics and Policies of Climate Change

EDHEC Business School connects climate questions with economic modeling and policy instruments. Discounting and the DICE model precede discussions of climate policy and carbon markets. This is a focused route for learners who want to examine how a model frames choices over time and why assumptions can influence a policy comparison.

What you will learn

• Explain the role of discounting in climate economics.
• Describe the purpose of the DICE model.
• Compare climate-policy instruments and carbon markets.

Who this suits

Beginners with elementary economics knowledge; the provider recommends, but does not require, familiarity with basic differentiation.

Before you enroll

Compare the model with the question it is meant to answer. Use fictional or historical examples for practice and identify assumptions that could change the interpretation of the result.

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Put it into practice

Compare two fictional climate-policy timelines. Explain how a different discounting assumption could change the comparison without changing the physical outcomes.

Source and review

This overview is based on the provider's published information, checked on 12 October 2026. It is an editorial assessment, not a claim that we completed the resource. Time filters are approximate study ranges; projects and exercises can take longer.

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