The Economics of Climate change

Bespoke programme

 An executive programme designed by faculty at the Department of Economics, University of Oxford to enable business leaders and policymakers to understand the economic principles raised by one of the defining global issues of our time.

About OUBEP

Since 1952 The Oxford University Business Economics Programme equips business leaders with rigorous economic theory and its application in order to navigate their current business challenges and inform strategic decisions.

It disseminates world-class research by Oxford University academics on topics highly relevant to businesses across sectors and society in general.

Alongside our carefully curated syndicate groups, we create unique networking opportunities across sectors, geographies and roles.

About this Programme

Delegates
What people say about The Economics of Climate change:

 

Hugely insightful and relevant. Great foundation for anyone who works in industries that are highly impacted by the energy transition.”

This bespoke programme was born out of a conversation with the Sustainability team at a large consulting firm. We worked with them to design a foundational course for 60 of their top consultants working on the issues of climate change, energy transition and sustainable finance.


We are now offering this course to other organisations as they look to support their clients and employees with the basics needed to reach Net Zero targets.


Taught through a combination of lectures and small group Oxford tutorials, this course provides you with unique access to the world-class researchers at the Economics Department of the University of Oxford. 
 

 

Course content

Climate change as a market failure

  • The economic impact of climate change around the world
  • Why climate change cannot be solved by unregulated market forces alone
  • The effects of climate change on the present and future generation.

 

Possible solutions

  • The economic principles that guide the design of climate change policies
  • The problem of stranded assets
  • Green quantitative easing and macroprudential policy
  • Climate finance and shareholder activism
  • Green innovation and green industrial policy.
“Eye opener on economics of sustainability, brings a good visibility on how carbon taxes and quotas can help reach the 1.5° target. Great forecast for all different types of scenarios…”

Who is the Programme For?

This course is designed for groups participating from the same organisation. We can work with your team in advance of the programme to tailor the design and content of tutorials to ensure that your organisation gets the most out of the programme and to meet your strategic objectives.

No prior experience with economics is required. Just a willingness to engage, learn, and apply economic principles to business challenges.

“Rigorous and challenging economic analysis. always Well presented by world class experts.​”

The learning experience

Online lectures on demand
  • 6 hours of lectures by world-class experts
  • Rich material to support your learning
  • Quizzes to strengthen learning and track participants’ progress.
Oxford style tutorials
  • 9 hours of interactive discussions with a dedicated tutor and no more than 10 delegates
  • Explore the principles you’ve learnt with Oxford faculty and apply them to business case studies
  • Highly engaging and impactful.

Benefits and costs

These programmes are bespoke and the costs will be based on number of participants and groups required. Get in touch with the OUBEP team to discuss and receive a quote and more information.

  • Introduction into economic theory and its applications to the topic of sustainability and climate change
  • Oxford-style learning experience with world-class experts
  • All course material, exercises and extra reading
  • Certificate of completion and LinkedIn Badge.

Interested?

If you are interested in running The Economics of Climate Change with your team, contact oubep@economics.ox.ac.uk to arrange a call to discuss your business needs and the best time to run the course.

Please note we are not currently offering this course to individuals but may do in the future. If you would like to be kept updated about individual enrolment courses on this topic (or others) in the future, please email us at oubep@economics.ox.ac.uk

You can also sign up to our current Economics of Sustainability online series.

Wind farm at sea

Meet the faculty

Our programme is curated and delivered by leading Oxford academics conducting frontier Economic research and have a deep engagement with economic policy. They are all highly experienced Oxford tutors.

Abi Adams_Prassl

Abi Adams-Prassl

Abi is an Associate Professor at the Department of Economics at the University of Oxford. She has published in leading journals in Economics, Law, and Computer Science, and is on the editorial board of The Review of Economic Studies, one of the leading economics journals globally. She has raised over £2.5million in research funds for a range of projects on the impact of technology of work and the justice system, and on understanding gender inequality in the labour market and beyond. She was awarded the Economic & Social Research Council’s Outstanding Impact on Public Policy Prize and was selected as an initial leader of the Oxford Policy Engagement Network.

Alongside her University work, Abi is currently a Specialist Advisor to the UK Parliament Women & Equalities Select Committee and advises a range of stakeholders on empirical analysis relating to strategic litigation in the realm of public law and human rights.

Abi Adams_Prassl

Alex Teytelboym

Alex Teytelboym is an Associate Professor in Economics within the Department of Economics in Oxford, Tutorial Fellow at St Catherine’s College, and Senior Research Fellow. At the Institute for New Economic Thinking (INET) at the Oxford Martin School.
His main research interests lie within market design (e.g. matching markets and auctions) and network economics. He is interested in the applications of economic theory to many policy areas, including environment, energy and refugee resettlement.
Andrea Ferrero

Andrea Ferrero

Andrea is a Professor of Economics in the Department of Economics at the University of Oxford and the Levine Fellow in Economics at Trinity College Oxford, where he teaches macroeconomics. Andrea spent seven years in the Research Department at the Federal Reserve Bank of New York. He is currently an academic consultant for the Bank of England.

His research interests are in the areas of Monetary Economics and International Macroeconomics. Among other topics, he has worked on policy options in a currency union, the determinants and implications of global imbalances, and the macroeconomic impact of the Fed unconventional policies. Currently, he focuses on monetary policy and financial frictions in closed and open economy, and on the determinants of low real interest rates.

“I found the lectures very informative, it challenged my thinking in terms of my day-to-day role, and gave me reinforcement of my ideas and work to make data-based decisions.”​

 

What will set you apart

Delegates
“As I had hoped, the carefully chosen contributors to the breakfast series brought new insight based on in-depth research and well-presented data. Very thought provoking.”

On completion of this course, you’ll walk away with:

  • The ability to understand economic theory and fundamental economic principles driving key issues of our time, Climate change, sustainability and biodiversity
  • The essential economic knowledge to grasp the workings of modern economies
  • The frameworks and data needed to confidently inform your business’ strategy, leveraging our expert’s frontier research
  • The ability to directly apply economic theory to the challenge of sustainability and climate change.