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This content is taken from the University of Basel's online course, Exploring Possible Futures: Modeling in Environmental and Energy Economics. Join the course to learn more.

Skip to 0 minutes and 11 seconds In this course, we have explored how models can be designed and used to gain a glimpse into possible futures. I have really enjoyed working with you and appreciated your comments and questions. I hope you have enjoyed the course as well.

Skip to 0 minutes and 29 seconds Models help us to paint colourful pictures of our possible future. But much more important, they help us to understand what we need to do in order to enable the future. I hope this course enabled you to better understand the important role modelling plays in shaping our world.

Thank you and goodbye

Thank you for joining this course on modeling in environmental and energy economics. We hope you enjoyed this course as much as we did.

Hopefully, this course has provided you with an interesting overview on the capabilities of economic models. Given the multitude of challenges we face in environmental and energy economics economic modeling can help us to design and evaluate different policy or market designs, assess the impact of technology innovations, and estimate feedback effects to and from the environment and our society.

Thereby, they play a crucial role in the ongoing debates on how to transfer our energy system or improve the environmental impact of our economy. We are already embedded in this debate and we would like to welcome you onboard for shaping our own future!

It would be a pleasure to meet you again, either here on the FutureLearn platform or - maybe - someday even at the University of Basel.

Please also have a look at the SCCR CREST Webpage which you may find interesting if you consider deepening the knowledge you hopefully gained through this course.

Thank you for your participation, for your involvement and goodbye!

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This video is from the free online course:

Exploring Possible Futures: Modeling in Environmental and Energy Economics

University of Basel