2020 Frontier of Environmental Economics and Policy Studies

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Academic unit or major
Graduate major in Industrial Engineering and Economics
Masui Toshihiko 
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Course description and aims

Explain the mechanism of climate change and mitigation & adaptation policies, and introduce the countermeasures in Japan.
And assess the mitigation policies toward a low carbon society by using the general equilibrium model, and discuss the necessary countermeasures to avoid the climate change.

Student learning outcomes

Understand the roles of science and policy to solve the climate change issue. Then understand how the science can contribute to the environmental policies.
Through the programming of computable general equilibrium model, try to quantify the environmental policies, and assess the appropriate policies.


Environmental policy, climate change, mitigation and adaptation, policy and science, general equilibrium model

Competencies that will be developed

Specialist skills Intercultural skills Communication skills Critical thinking skills Practical and/or problem-solving skills

Class flow

Each class will be explained by using the related literatures. And through the presentation by students, the students will deepen the debate on the solution by environmental policies.

Course schedule/Required learning

  Course schedule Required learning
Class 1 Science and policy on climate change Understand the scientific knowledge on climate change
Class 2 Climate mitigation policy Understand the climate mitigation policy
Class 3 History of mitigation policy in Japan Understand the history of mitigation policy in Japan
Class 4 How to bridging gap between policy making and model Understand the roles of model for climate mitigation policies and actions
Class 5 General equilibrium model (1) Data Develop the dataset necessary to computable general equilibrium model
Class 6 General equilibrium model (2) Behaviors of producer and consumer Formulate the behaviors of producer and consumer
Class 7 General equilibrium model (3) Theory Solve computable general equilibrium model
Class 8 General equilibrium model (4) Simple model programming Simulate computable general equilibrium model under the prepared dataset
Class 9 General equilibrium model (5) Model extension Understand the program of extended CGE model for energy and climate change
Class 10 General equilibrium model (6) Assessment of mitigation actions Solve the climate change mitigation policy using computable general equilibrium model
Class 11 Assessment of climate change policies (presentation) Make a presentation on the simulation results and make the problems clear
Class 12 Economic development and environmental problems Understand the examples of Porter Hypothesis
Class 13 Sustainable development Understand the definition of sustainable development
Class 14 Toward the long-term environmental policies (presentation) Explore the countermeasures to protect the environment for a long period, and clarify the further problems


Since the topics cover very broad issues, the related literatures will be provided each time.

Reference books, course materials, etc.

The related literatures will be provided each time.

Assessment criteria and methods

Periodical small report for each class (30%), presentation (40%) and final report (30%)

Related courses

  • IEE.B530 : Modeling of Global Environment and Economic Growth

Prerequisites (i.e., required knowledge, skills, courses, etc.)

Students are desired to understand the basic knowledge on microeconomics and microeconomics.

Contact information (e-mail and phone)    Notice : Please replace from "[at]" to "@"(half-width character).

Prof. Toshihiko Masui (masui[at]nies.go.jp)

Office hours

Before and after the class, professor will stay in his/her office. Contact using email, because usually professor works at National Institute for Environmental Studies, Tsukuba.

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