Dynamic Integrated Climate Change Model (DICE)
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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. Less
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Grade: Undergraduate to Graduate
Topics: Economics, Professional Development, History-Social Science
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Resource Type/Classification:
- Teacher Materials
Tool for: Teachers