The End for Now Bruce A. McCarl

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Presentation transcript:

The End for Now Bruce A. McCarl Distinguished Professor and Regents Professor Department of Agricultural Economics Texas A&M University Climate change Honors

What are economic issues? Externality Income distribution Intergenerational equity Discounting & fairness Market & nonmarket effects Common property Uncertainty Investment choice Welfare

What can economists do? Cost benefit of alternative actions Vulnerability-effects Mitigation Adaptation Contribute to investment decision Market and nonmarket valuation Analyze possible Market design Analyze possible domestic & international Policy design

What about your papers? You are in an econ class so set econ background Identify where are you on econ issues? Identify where you are on what an economist can do?