2020/2021
BA-BHAAV6038U The Economics of Climate Change,
Artificial Intelligence, and Inequality
English Title |
The Economics of Climate Change,
Artificial Intelligence, and Inequality |
|
Language |
English |
Course ECTS |
7.5 ECTS |
Type |
Elective |
Level |
Bachelor |
Duration |
One Quarter |
Start time of the course |
Third Quarter |
Timetable |
Course schedule will be posted at
calendar.cbs.dk |
Max. participants |
40 |
Study board |
Study Board for BSc in Economics and Business
Administration
|
Course
coordinator |
- David Jinkins - Department of Economics
(ECON)
|
Main academic
disciplines |
|
Teaching
methods |
|
Last updated on
13-02-2020
|
Learning objectives |
- Precisely define key terms related to the topics we discuss in
the course
- Describe the fundamental problems and tradeoffs associated with
climate change, artificial intelligence, inequality, and other
topics covered in the course
- Develop rational and well-thought out arguments backing up
positions on course topics
- Summarize positions on course topics in well-organized
writing
|
Course prerequisites |
Any economics introductory course |
Examination |
The Economics
of Climate Change, Artificial Intelligence, and
Inequality:
|
Exam
ECTS |
7,5 |
Examination form |
Oral exam based on written product
In order to participate in the oral exam, the written product
must be handed in before the oral exam; by the set deadline. The
grade is based on an overall assessment of the written product and
the individual oral performance. |
Individual or group exam |
Oral group exam based on written group
product |
Number of people in the group |
2 |
Size of written product |
Max. 20 pages |
Assignment type |
Project |
Duration |
Written product to be submitted on specified date and
time.
10 min. per student, including examiners' discussion of grade,
and informing plus explaining the grade |
Grading scale |
7-point grading scale |
Examiner(s) |
Internal examiner and second internal
examiner |
Exam period |
Spring |
Make-up exam/re-exam |
Home assignment - written product |
|
Size of written product: Max. 10
pages |
|
Assignment type: Report |
|
Duration: 48 hours to
prepare |
|
Course content, structure and pedagogical
approach |
Would you rather live one hundred years in the past or today?
Many people
would choose today, since on average lives around the world are
much healthier
and wealthier now than they were on average in the early 20th
century. Would
you rather live today or one hundred years in the future? This
question takes
some thinking. Human beings today face severe collective
challenges. Depend-
ing on how we respond, or don't respond, to these challenges
will determine
whether our childrens' lives will be better or worse than our
own. This course
will use principles from public economics and moral philosophy to
improve your
understanding of some of the most important challenges of our time.
Among
these challenges are:
- Climate change: We will discuss how people will react
to the effects
of climate change, discuss how much we should expect policy like
carbon
taxes to reduce future harm from climate change, and finally we
will talk
about a central ethical problem in designing climate policy: how we
should
think weigh the welfare of future people and animals relative to
ourselves?
- Artifcial intelligence: We will study how changes how
developments in
artifcial intelligence will a ect the welfare of people around the
world, and
inequality within countries. We will also talk about what sort of
govern-
ment policies might be taken up to lessen welfare losses from
automation,
and align the values of artifcial intelligence with our own.
- Inequality: In the developed world, wages in the middle of
the income
distribution may have stagnated, while those at the top, and
especially
the very top of the income distribution have increased
dramatically. The
top 1% of the global wealth distribution owns 84% of global wealth.
Put
di erently, the bottom 99% of the global wealth distribution shares
16% of
global wealth. Inequality has been increasing since the middle of
the 20th
century. We will discuss the reasons for this change, and some
policies
which have been proposed to confront rising inequality such as
universal
basic income, the 30-hour work week, and increased immigration.
Policies
to face inequality are impossible to discuss without philosophical
discus-
sion about who deserves what, also a topic we will focus
on.
|
Description of the teaching methods |
Face to face teaching |
Feedback during the teaching period |
One feedback meeting with each group prior to the
course end |
Student workload |
Lectures |
36 hours |
Group work |
50 hours |
Reading / preparation |
120 hours |
|
Expected literature |
Some of the course will draw on "Lectures on
Microeconomics: The big questions
approach" by Roman Pancs. Other readings will be made
available from a range
of sources.
|
Last updated on
13-02-2020