Meghan Busse joined the Kellogg faculty in 2008 as an Associate Professor of Strategy. Prior to that, she was on the faculty of the Haas School of Business at UC Berkeley and at the Yale School of Management. At Kellogg, she teaches the core strategy course and an elective course on the economics of energy markets and the environment.
Professor Busse's early research focused on market structure and competition, with particular interest in pricing and price discrimination. She has studied these issues in a variety of industries, including cellular telephones, airlines, and automobiles. Her recent work has been in the area of energy and environmental economics. Professor Busse investigates how the effectiveness of environmental and climate policy is determined not only by the design of the policy itself, but also by the strategies and competitive interactions of the firms to whom the policy is applied.
Professor Busse received her PhD in economics from MIT. She is a research associate of the National Bureau of Economic Research.
Pricing, price discrimination, market structure and competition, energy economics
Strategy, microeconomics, and energy economics
Over the next several decades, climate is going to become an increasingly significant part of every job function: finance functions that deal with risk and valuation, operations functions that have to accommodate greater unpredictability, strategy functions that will have to adapt to threats to existing business lines and see opportunities for new ones. Climate change will mandate new reporting and disclosure; will alter what product attributes customers care about; and will influence how leaders communicate within and outside their organizations. A siloed sustainability function will not be capable of responding to the threats that climate change (or opportunities that its mitigation) will present.
This course will teach students what they need to know to be climate-capable business leaders. Many people (not just MBA students) feel like they don't understand enough about climate change to know how to think well about it. The aim of this course is to teach students what they need to know in order to be literate in climate. This literacy means both an ability to understand the current public and policy discourse, and the tools necessary to continue to learn in the future.
Student don't need to have any prior experience or expertise in climate to take this course. This is meant to be a "one-and-done" course that is accessible to everyone. The major topics the course will cover include: Basics of climate science; Sources of greenhouse gas emissions and avenues for mitigation; Climate policy; Global climate negotiations; Opposition by vested interests; Climate justice and distributional impacts; Accounting, reporting, and data; and Investors and profit incentives.