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Exploring Possible Futures
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1
Introduction on modeling
1
1.1
Why do we need economic models?
Video
1.1
Why do we need economic models?
Video
1.2
Reflection: What about you?
Text
1.2
Reflection: What about you?
Text
1.3
What are economic models?
Video
1.3
What are economic models?
Video
1.4
What do scientists think about economic modelling?
Text
1.4
What do scientists think about economic modelling?
Text
1.5
Reflection: Making economic models useful
Text
1.5
Reflection: Making economic models useful
Text
1.6
Modelling structure and how this course works
Text
1.6
Modelling structure and how this course works
Text
1.7
Models used in energy and environmental economics
Text
1.7
Models used in energy and environmental economics
Text
1.8
Assess your knowledge
Quiz
1.8
Assess your knowledge
Quiz
1.9
Model fundamentals: supply and demand
Video
1.9
Model fundamentals: supply and demand
Video
1.10
Exercise: Ensure a balance in your first model
Text
1.10
Exercise: Ensure a balance in your first model
Text
1.11
Which supply did you choose?
Text
1.11
Which supply did you choose?
Text
1.12
Your first model: the mathematics
Text
1.12
Your first model: the mathematics
Text
1.13
Exercise: Ensure cost optimal supply
Text
1.13
Exercise: Ensure cost optimal supply
Text
1.14
Wrap up: models are helpful if you know how to use them
Text
1.14
Wrap up: models are helpful if you know how to use them
Text
2
System perspective
2
2.1
Systems and markets
Video
2.1
Systems and markets
Video
2.2
Reflect: What is the price tag?
Text
2.2
Reflect: What is the price tag?
Text
2.3
Optimization models
Video
2.3
Optimization models
Video
2.4
Exercise: Ensure emission targets
Text
2.4
Exercise: Ensure emission targets
Text
2.5
Reflection: The costs of emissions
Text
2.5
Reflection: The costs of emissions
Text
2.6
Social costs and welfare
Video
2.6
Social costs and welfare
Video
2.7
Exercise: Find the allocative optimum in your first market model
Text
2.7
Exercise: Find the allocative optimum in your first market model
Text
2.8
Reflection: What is the correct price for carbon?
Text
2.8
Reflection: What is the correct price for carbon?
Text
2.9
Your market model: the mathematics
Text
2.9
Your market model: the mathematics
Text
2.10
Assess your knowledge
Quiz
2.10
Assess your knowledge
Quiz
2.11
External vs. internal
Text
2.11
External vs. internal
Text
2.12
Wrap up: who do we steer?
Text
2.12
Wrap up: who do we steer?
Text
3
Firm perspective
3
3.1
From system to firms
Video
3.1
From system to firms
Video
3.2
Building blocks: firm behaviour
Text
3.2
Building blocks: firm behaviour
Text
3.3
How to use and distinguish building blocks? I
Text
3.3
How to use and distinguish building blocks? I
Text
3.4
Building blocks: additional observations
Text
3.4
Building blocks: additional observations
Text
3.5
Reflection: How to use and distinguish building blocks? II
Text
3.5
Reflection: How to use and distinguish building blocks? II
Text
3.6
How to complete a model
Video
3.6
How to complete a model
Video
3.7
Exercise: Steering firms via prices
Text
3.7
Exercise: Steering firms via prices
Text
3.8
Reflection: Price in, choice out
Text
3.8
Reflection: Price in, choice out
Text
3.9
The firm model: the mathematics
Text
3.9
The firm model: the mathematics
Text
3.10
Assess your knowledge
Quiz
3.10
Assess your knowledge
Quiz
3.11
From optimization to equilibria
Text
3.11
From optimization to equilibria
Text
3.12
Equilibrium models
Video
3.12
Equilibrium models
Video
3.13
Exercise: Price-quantity relations to liberate demand
Text
3.13
Exercise: Price-quantity relations to liberate demand
Text
3.14
Reflection: Feedback from policy to consumer demand
Text
3.14
Reflection: Feedback from policy to consumer demand
Text
3.15
Price-quantity relations: the mathematics
Text
3.15
Price-quantity relations: the mathematics
Text
3.16
Wrap up: firms vs. markets
Text
3.16
Wrap up: firms vs. markets
Text
4
Second-best worlds
4
4.1
Which model type to choose
Video
4.1
Which model type to choose
Video
4.2
Two sides of the same coin
Text
4.2
Two sides of the same coin
Text
4.3
Perfect competition as example
Text
4.3
Perfect competition as example
Text
4.4
Assess your knowledge
Quiz
4.4
Assess your knowledge
Quiz
4.5
From perfect to imperfect
Video
4.5
From perfect to imperfect
Video
4.6
First-best or second-best: coping with realities
Text
4.6
First-best or second-best: coping with realities
Text
4.7
Exercise: Steering firms – what a difference a monopoly makes
Text
4.7
Exercise: Steering firms – what a difference a monopoly makes
Text
4.8
Reflection: Same prices different outcome
Text
4.8
Reflection: Same prices different outcome
Text
4.9
Monopoly model: the mathematics I
Text
4.9
Monopoly model: the mathematics I
Text
4.10
Monopoly model: the mathematics II
Text
4.10
Monopoly model: the mathematics II
Text
4.11
From one to many
Video
4.11
From one to many
Video
4.12
Exercise: Steering firms – from one to many
Text
4.12
Exercise: Steering firms – from one to many
Text
4.13
Reflection: Compare the results – same policy, different outcome?
Text
4.13
Reflection: Compare the results – same policy, different outcome?
Text
4.14
Oligopoly model: the mathematics
Text
4.14
Oligopoly model: the mathematics
Text
4.15
Wrap up: perfect to imperfect
Text
4.15
Wrap up: perfect to imperfect
Text
5
Putting the pieces together to look into the future
5
5.1
Putting the pieces together
Text
5.1
Putting the pieces together
Text
5.2
Data handling
Video
5.2
Data handling
Video
5.3
Let the computer do the work I: optimizations
Text
5.3
Let the computer do the work I: optimizations
Text
5.4
Let the computer do the work II: equilibriums
Text
5.4
Let the computer do the work II: equilibriums
Text
5.5
Getting ready for the future
Text
5.5
Getting ready for the future
Text
5.6
Exercise: Exploring possible futures
Text
5.6
Exercise: Exploring possible futures
Text
5.7
Reflection: How does your future look?
Text
5.7
Reflection: How does your future look?
Text
5.8
Our futures
Video
5.8
Our futures
Video
5.9
Last essential steps
Video
5.9
Last essential steps
Video
5.10
From story to paper
Text
5.10
From story to paper
Text
5.11
Assess your knowledge
Quiz
5.11
Assess your knowledge
Quiz
5.12
Thanks and goodbye
Video
5.12
Thanks and goodbye
Video
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Exploring Possible Futures
Assess your knowledge
INTRODUCTION ON MODELING
1.8
Assess your knowledge
Select if the following statements are either true or false.
Models used in energy and environmental economics
Text
Model fundamentals: supply and demand
Video
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