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Online course

Exploring Possible Futures: Modeling in Environmental and Energy Economics

Take a look at the future and learn how to develop and use models in environmental and energy economics.

What’s the difference between a free course and an upgraded course?

Free:

  • Access to the course for its duration + 14 days, regardless of when you join (this includes access to articles, videos, peer review steps, quizzes)
  • No access to course tests
  • No certificate

Upgraded:

  • Unlimited access to the course, for as long as it exists on FutureLearn (this includes access to articles, videos, peer review steps, quizzes)
  • Access to course tests
  • A Certificate of Achievement when you complete the course

Find out more

Exploring Possible Futures: Modeling in Environmental and Energy Economics

Make informed decisions about pressing environmental issues.

What will our future look like? Will we continue burning fossil fuels or will we live in a 100% renewable world? How can we address climate change and what policies do we need to implement?

We will provide you with model examples to make you familiar with aspects of economic modeling and state-of-the-art research on current debates in energy policy.

This online course explores these concerns, using models in environmental and energy economics. You will learn how to design models, how to interpret and use results to make informed decisions, and how to use models to assess energy and environmental policies.

Download video: standard or HD

Skip to 0 minutes and 11 secondsWhat will our future look like?

Skip to 0 minutes and 23 secondsWill all our cities continue to be fueled by burning fossil fuels and harvesting nuclear energy?

Skip to 0 minutes and 32 secondsOr will we live a life in 100% renewable future fueled by solar and wind?

Skip to 0 minutes and 41 secondsHow can we address the challenges of climate change?

Skip to 0 minutes and 48 secondsAre we running out of time?

Skip to 0 minutes and 56 secondsIf you want to learn how economists use models to predict the future and develop climate policies or how these policies can be simulated in order to predict the impact and shape different futures, join us in our course starting soon.

What topics will you cover?

  • Climate change and energy policies.
  • Evidence-based recommendations on current problems of energy policy.
  • Models in environmental economics and energy economics.
  • Building blocks of models and possible applications.
  • Informed decisions by the results of different modeling approaches.

When would you like to start?

  • Date to be announced

What will you achieve?

By the end of the course, you'll be able to...

  • Develop and use models in environmental economics and energy economics, covering conceptual aspects, basic design choices, and numerical and computational challenges.
  • Discuss topical issues like climate change and energy policies.
  • Discuss the role of modeling in economic decision making.
  • Explore different modeling approaches.
  • Investigate in the mathematical formulation underlying models.
  • Apply your knowledge to example models and adjust their specifications.
  • Interpret and use the results of different modeling approaches to make informed decisions.
  • Investigate potential future energy scenarios.
  • Reflect on the role of economic models for policy evaluations.

Who is the course for?

This course is intended for anyone interested in the topics of environmental economics and energy economics, including students at MSc or advanced BA level and policy makers.

To gain the most from this course, we encourage you to examine the details of the provided model examples, which require some basic knowledge in mathematics and microeconomics.

What do people say about this course?

This course brings the complex subject of economic modeling closer to people. It helps us to explore this subject in designing possible futures together.

Wannika Pinjareantawon

Who will you learn with?

Frank Krysiak

I am professor of environmental economics at the University of Basel and head of the SCCER CREST (http://www.sccer-crest.ch). My research focusses on the design of environmental and energy policy.

Hannes Weigt

I am professor for energy economics at the University of Basel (https://fonew.unibas.ch/). My research focus is on numerical modeling of energy markets.

Who developed the course?

What’s the difference between a free course and an upgraded course?

Free:

  • Access to the course for its duration + 14 days, regardless of when you join (this includes access to articles, videos, peer review steps, quizzes)
  • No access to course tests
  • No certificate

Upgraded:

  • Unlimited access to the course, for as long as it exists on FutureLearn (this includes access to articles, videos, peer review steps, quizzes)
  • Access to course tests
  • A Certificate of Achievement when you complete the course

Find out more

Get extra benefits, upgrade this course. For $59 you'll get:

Unlimited access

Upgrading will mean you get unlimited access to the course.

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  • Take the course at your own pace
  • Refer to the material at any point in future

If you’re taking a course for free you have access to the course for its duration + 14 days, regardless of when you join. If you upgrade the course you have access for as long as the course exists on FutureLearn.

Access to tests

When you upgrade you’ll have access to any tests during the course.

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  • Validate your learning
  • Ensure you have mastered the material
  • Qualify for a certificate

To receive a Certificate of Achievement you need to take any tests and score over 70%. You don’t get access to tests if you choose to take a course for free.

Certificate of Achievement

Upgrading means you’ll receive a Certificate of Achievement when you complete the course.

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  • Prove your success when applying for jobs or courses
  • Celebrate your hard work
  • Display on your LinkedIn or CV
  • Includes free shipping

To receive a Certificate of Achievement you need to mark 90% of the steps on the course as complete, and score over 70% on any course tests.