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DTSTART;TZID=Europe/Berlin:20260319T080000
DTEND;TZID=Europe/Berlin:20260319T170000
DTSTAMP:20260627T135908
CREATED:20260105T120828Z
LAST-MODIFIED:20260304T095458Z
UID:990000690-1773907200-1773939600@cgde-home.de
SUMMARY:Resource Dynamics
DESCRIPTION:Special Course\nResource Dynamics \nLecturer\nProfessor Dr Sjak Smulders (Tilburg University\, Netherlands) \nDate: March 12 and 13 (online)\, 15:30–17:30\, and March 17-19\, 2026 \nTimetable: \nTuesday\, March 17: \n9:00 a.m. – 11:00 a.m.\, break: 30 min\, 11:30 a.m. – 1:00 p.m.\, break: 60 min\, 2:00 p.m. – 4:00 p.m. \nWednesday\, March 18: \n9:00 a.m. – 11:00 a.m.\, break: 30 min\, 11:30 a.m. – 1:00 p.m.\, break: 60 min\, 2:00 p.m. – 4:00 p.m. \nThursday\, March 19: \n9:00 a.m. – 11:00 a.m.\, break: 30 min\, 11:30 a.m. – 1:00 p.m.\, break: 60 min\, 2:00 p.m. – 4:00 p.m. \nVenue: Leipzig University\, ECO-N commons room\, Hainstr. 11\, 04109 Leipzig \nThe registration deadline is 4 March 2026 (capacity is limited). \nTo register\, please send an e-mail to niedetzky@wifa.uni-leipzig.de  // subject: Registration Resource Dynamics. \nFormat\n\nTwo online meetings for preparatory assignments\nThree days with three two-hour interactive lectures.\n\nThe in-person lectures discuss the classic and frontier academic contributions at a graduate school level.\nAll students (also those not requiring a course grade) are expected to do the preparatory assignments before the course starts. These assignments are based on basic resource and environmental economics principles. They prepare for the more advanced material discussed in the in-person lectures. They are based on six short chapters from a book in preparation “Environmental and Resource Economics – A Concise Introduction” (Gerking and Smulders 2026\, GS for short). The assignments will be discussed online on March 5 (Chapter 1\,2\,4\,6) and March 12 (Chapter 7\, 8). \nCourse grade\nBased on preparatory assignments (30%) active participation during the interactive lectures (20%) and on a final project (50%). The assignment is due May 1\, 2026. \nTopics\nThis course deals with advanced topics in environmental and resource economics from an applied theory perspective\, with an emphasis on dynamics and growth\, applied to global environmental problems including climate change.\nCentral themes in the course are the dynamic aspects of environmental policy and the interaction between environmental policy and technological change. The course uses natural resource theory (to study the dynamics of resource use) and growth theory (to study the link with technology and the long-run general equilibrium effects). \nWe try to answer questions like the following: \n\nWhat is the optimal carbon tax?\nShould green technologies be subsidized?\nShould we mainly rely on carbon taxes or on green subsidies?\nWhen are growth and environmental improvement compatible?\nWill we grow out of pollution? What drives the Environmental Kuznets Curve?\nHow can we measure sustainability?\nHow can we include environmental degradation and resource scarcity in cost-benefit analysis and measurement of the wealth of nations?\n\nIn the course we will see a mix between “fundamental robust insights” and “new challenges in the literature”\, so that the course might be interesting both for the student with a general interest in the field and for the student who plans to do (theoretical) research in the field. \nRequired background\nThe course employs standard mathematical tools like calculus\, optimization\, optimal control\, phase diagrams\, differential equations\, and integration. \nCourse material\nAvailable at dropbox folder \n\nChapters and exercises for preparatory meetings\nFull reading list\nTime schedule\nClarification about final assignment\n\nOverview topics and timing\nPreparatory meeting 1\na) Insights from environmental economics: Externalities\, Efficiency\, Instruments\,\nb) Insights from resource economics: Stock pollution \nPreparatory meeting 2\na) non-renewable resources\nb) renewable resources\nc) growth \nDay 1 Resource theory\na) Non-renewable resource scarcity\nb) Circularity and critical raw resources\nc) Biodiversity and Natural Capital\nd) Sustainable development and Green accounting \nDay 2 Environment and (limits to) growth\na) Macroeconomics and environment\nb) Limits to growth\nc) Pollution-GDP dynamics (and the Environmental Kuznets Curve)\nd) Analytical climate/growth models\ne) Natural disasters and growth\nf) Degrowth debate \nDay 3 Directed technical change\na) Canonical Directed Technical Change (DTC) models\nb) Empirical Foundation\nc) Climate policy applications of DTC models\ne) Coordination failures\, climate policy\, and DTC
URL:https://cgde-home.de/event/resource-dynamics-2/2026-03-19/
LOCATION:Leipzig University\, ECO-N Seminar Room\, Hainstraße 11\, 04109 Leipzig\, Leipzig University\, ECO-N Seminar Room\, Hainstraße 11\, 04109 Leipzig\, Leipzig\, 04109\, Germany
CATEGORIES:Special Courses
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