This unique textbook offers comprehensive coverage of the economics of climate change and climate policy, and is suitable for advanced undergraduate, post-graduate and doctoral students. Topics discussed include the costs and benefits of adaptation and mitigation, discounting, uncertainty, policy instruments, and international agreements. Special features include: in-depth treatment of the economics of climate change careful explanations of concepts and their application to climate policy customizable integrated assessment model that illustrates all issues discussed specific usage guidelines for each level of reader companion website featuring data, extra reading, quizzes, videos and more This book will be an essential text for students of varying levels in economics, climate change and environmental policy, and a resource for researchers and practitioners.