Cost Benefit Analysis
Overview
What is Cost-Benefit Analysis
Reading  •  20–30 min
Economic Analysis of Climate Change
Reading  •  45 – 60 min
Cost Benefit Analysis of Carbon Emissions Abatement
Activities  •  60-90 min
Questions and Assignments
Additional resources
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Overview

As an undergraduate Economics teacher, you can use this set of computer-based tools to help you in teaching cost-benefit analysis. This lesson plan will help students to understand the principles of cost-benefit analysis. The activities will allow students to apply cost-benefit analysis to global climate change, in general, and to carbon abatement (an action to mitigate climate change). Thus, the use of this lesson plan allows you to integrate the teaching of a climate science topic with a core topic in Economics.

Grade Level: Undergraduate
Discipline: Economics
Topic(s) in Discipline: Cost-Benefit Analysis, Carbon Abatement, Energy, Economics and Climate Change
Climate Topic: Energy, Economics, and Climate Change, Policies, Politics, and Environmental Governance, Mitigation
Location: Global
Languages: English
Access: Online (some material can be downloaded for offline use)
Duration: 150-170 min

Learning outcomes

The tools in this lesson plan will enable students to:

  • describe cost-benefit analysis
  • apply cost-benefit analysis to global climate change
  • apply cost-benefit analysis to carbon emissions abatement

How to use this Lesson Plan

This video presents a Video Guide for this Lesson Plan. The first 3 min 52 sec of the video introduce how to use TROP ICSU resources followed by description of this Lesson Plan in Economics about Cost-Benefit Analysis.

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