Dynamic Integrated Climate Change Model (DICE)

Description

The Dynamic Integrated Climate Change (DICE) model assumes a single world producer must chose levels for three simultaneously determined variables: current consumption, investment, and greenhouse gases reduction. The model is freely available in both a GAMS and Excel version. DICE allows both science and economics instructors to integrate a sophisticated economic model of climate change into their courses. The simulation is for upper-division courses where students have some background in microeconomics. The principle developer is William Nordhaus at Yale University.

Publisher: Betty J. Blecha
Last Updated: 11/9/2013

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7 Keywords

Economics NSDL Teaching with Data , Simulation of Data , Simulations and Games Higher Education Simulations and Games , Simulation of Data , Teaching with Data Social Sciences Pedagogy in Action
#Economics #NSDL #TeachingwithData,SimulationofData,SimulationsandGames #HigherEducation #SimulationsandGames,SimulationofData,TeachingwithData #SocialSciences #PedagogyinAction

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