Lectures - Center for Korean Economy and K-Academics at SNU

Climate Change and Ecological Economy in South Korea

•Instructor : Yong-Chang Jang
•Year : Year 5(2025-2026)
•Difficulty : Intermediate
•Target : Specific
•Field : Economy and Society
•Type : Ordinary
•Week : 12 Weeks
•Keywords
Tragedy of the Commons, Public Goods, Carbon Neutrality, Polycentric Approach, Emissions Trading System

Summary

This course explains why carbon neutrality cannot stop climate change and introduces the economic principle of the 'tragedy of the commons' as the root cause of climate change. It explains that the tragedy of the commons is a common cause not only of climate change but also of various social problems. Furthermore, by examining the successful case of resolving Korea's marine debris problem, it emphasizes that the tragedy of the commons can be overcome by evolving institutions. Students will understand that the solution to climate change lies in institutional evolution and will develop the ability to design such institutions.

Instructor

Yong-Chang Jang
1. Affiliation
Ocean Research Institute

2. Education
Ph.D. in Public Administration, Kyungnam University

3. Selected Publications

"Double-entry accounting system for greenhouse gases : Can carbon neutrality mitigate climate change?", Journal of Climate Change Research 14(3), 2023
et al.

Guidebooks

week01.pdf (1 MB)

week02.pdf (1 MB)

week03.pdf (1 MB)

week04.pdf (1 MB)

week05.pdf (1 MB)

week06.pdf (1 MB)

week07.pdf (1 MB)

week08.pdf (1 MB)

week09.pdf (1 MB)

week10.pdf (1 MB)

week11.pdf (1 MB)

week12.pdf (1 MB)

exam.pdf (315 KB)

List