30 years: Macroeconomist
In the fifth video of this series on the Macroeconomics of Climate Change, Amit focuses on models that are used to assess the economic impact of climate change. The class of models he discusses is this video are Integrated Assessment Models or IAMs. Amit outlines why IAMs are the most widely used models among social scientists specialising in climate-related issues.
In the fifth video of this series on the Macroeconomics of Climate Change, Amit focuses on models that are used to assess the economic impact of climate change. The class of models he discusses is this video are Integrated Assessment Models or IAMs. Amit outlines why IAMs are the most widely used models among social scientists specialising in climate-related issues.
11 mins 9 secs
Amit focuses on models that are used to evaluate the economic consequences of climate change in this video. The models he'll talk about are known as Integrated Assessment Models, or IAMs, and the reason for choosing these over others is that IAMs are the most widely used by social scientists who specialise in climate-related problems.
Key learning objectives:
Define Integrated Assessment Models
Outline the key components of an IAM
Understand how the climate module can be used to assess the economic impact of climate change