ECONOMICS OF INNOVATION AND DEVELOPMENT-2

The course complements the LM Program in Global Development and Entrepreneurship (GDE) by providing students theoretical and practical skills to understand the dynamics of innovation and development in the context of the green transition. The course will focus on the challenges and opportunities for businesses in the context of low-carbon transition and on climate policies at global, European, and national levels.

- Understanding of the key challenges and opportunities related to the low-carbon transition.

- Ability to analyze the impact of climate change on innovation and business competitiveness.

- Understanding of the recent developments in climate policies and practices relevant to investment objectives.

- Ability to critically discuss the acquired knowledge in an efficient and coherent way

Microeconomics and Macroeconomics

- Introduction to the green transition: definitions and key concepts.

- The history and evolution of environmental policies.

- Sustainability as a driver of innovation and development.

- Analysis of climate change's impact on various economic sectors.

- Tools and methods for assessing business vulnerability to climate change.

- Overview of international, European, and national climate change policies.

- The role of governments and international organizations in regulating the green market.

- Analysis of key policy initiatives and their effects on business competitiveness.

- Tools and models for environmental impact reporting and assessment.

Notes and slides provided by the lecturer

The exam includes a final written test lasting 60 minutes with multiple-choice questions and open-ended questions.

The test consists of 10 multiple-choice questions and 3 open-ended questions of a theoretical and/or numerical nature. Each correct multiple-choice question is awarded 2 points. Each correct open-ended question is awarded 4 points.

The exam is considered passed if the score is at least 18.

The teaching method consists in frontal lectures

English

written

This subject deals with topics related to the macro-area "Climate change and energy" and contributes to the achievement of one or more goals of U. N. Agenda for Sustainable Development