Research | Climate change and economics 101: Teaching the greatest market failure
Climate change and economics 101: Teaching the greatest market failure

Climate change and economics 101: Teaching the greatest market failure

4 March 2019

This report analyses 27 introductory economics textbooks used in the US that cover micro and macroeconomics to assess their treatment of climate change. Authors find limited coverage in texts and that most texts relate climate change to the negative externality of carbon emissions. Market solutions such as cap-and-trade and carbon taxes are recommended.

 

Please login or join for free to read more.