We use cookies to give you a better experience. Carry on browsing if you're happy with this, or read our cookies policy for more information.

Skip main navigation

First modeling ideas of Case Study Groups

The Case Study Groups will upload and share their first modeling ideas – we invite you to give your comments and ideas about what they present!
© University of Basel
Modeling is an extremely complex process. While we enjoy your submissions and try to answer all your questions, we can do so in this framework only to a certain degree.
That is why we decided to use case studies: we selected some Case Study Groups among our students at the University of Basel that will also work on the assignments on either theoretical or numerical modeling. You can learn from their work as we will discuss their models in step 4.5, step 7.3 and step 7.4 in more depth. Note that their submissions are work in progress – and we invite you as part of this course to give your comments and ideas about what they present.
Let us first summarize what we ask the University of Basel students to do:
First, please state what assignment and specifications of this assignment you have chosen. Now, describe your problem/question in 1–3 sentences and write a brief paragraph giving your peers an insight into what you think will drive the results of your theoretical model (Which economic mechanisms might be at work here? What do you want to capture in your model?) or what aspects your numerical model will need to account for (What technical and economic details are needed? What economic decision making shall be included?).
Second, explain how you want to capture this. What are the main aspects of the model you want to develop? Which actors are described, which markets are included, which constraints do you want to include? Please explain this in some detail, so that other participants understand what you want to achieve. If you already have a first or partial model draft, please add it to the description.
Finally, explain why your modeling approach is useful and credible. Why does it capture the mechanisms and challenges that you think are important for the problem at hand? Where would you apply the results? If you develop a theoretical model: Are there real-world cases that might be described (approximately) by your model? If you develop a numerical model: Does your model capture the relevant real-world aspects? Please provide a brief but conclusive argument why you think you have chosen a good modeling approach.
The Case Study Groups will upload and share their first modeling ideas on 3 November 2015 as PDFs on this site. Please, come back to this step then!
The Case Study Groups have uploaded their modeling ideas! Have a look at them by downloading the related files.
© University of Basel
This article is from the free online

Exploring Possible Futures: Modeling in Environmental and Energy Economics

Created by
FutureLearn - Learning For Life

Our purpose is to transform access to education.

We offer a diverse selection of courses from leading universities and cultural institutions from around the world. These are delivered one step at a time, and are accessible on mobile, tablet and desktop, so you can fit learning around your life.

We believe learning should be an enjoyable, social experience, so our courses offer the opportunity to discuss what you’re learning with others as you go, helping you make fresh discoveries and form new ideas.
You can unlock new opportunities with unlimited access to hundreds of online short courses for a year by subscribing to our Unlimited package. Build your knowledge with top universities and organisations.

Learn more about how FutureLearn is transforming access to education