Massimo Filippini: Catalogue data in Spring Semester 2015 |
Name | Prof. Dr. Massimo Filippini |
Field | Energy and Public Economics |
Address | Energy and Public Economics ETH Zürich, ZUE E 15 Zürichbergstrasse 18 8092 Zürich SWITZERLAND |
Telephone | +41 44 632 06 49 |
mfilippini@ethz.ch | |
URL | http://www.eepe.ethz.ch/ |
Department | Management, Technology, and Economics |
Relationship | Full Professor |
Number | Title | ECTS | Hours | Lecturers | |
---|---|---|---|---|---|
151-0906-00L | Frontiers in Energy Research This course is only for PhD-Students. | 2 credits | 2S | M. Mazzotti, R. S. Abhari, G. Andersson, J. Carmeliet, M. Filippini | |
Abstract | PhD students at ETH Zurich working in the broad area of energy present their research to their colleagues, to their advisors and to the scientific community. | ||||
Objective | Knowledge of advanced research in the area of energy. | ||||
Content | PhD students at ETH Zurich working in the broad area of energy present their research to their colleagues, to their advisors and to the scientific community. Every week there are two presentations, each structured as follows: 15 min introduction to the research topic, 15 min presentation of the results, 15 min discussion with the audience. | ||||
Lecture notes | Slides will be distributed. | ||||
363-0514-00L | Energy Economics and Policy It is recommended for students to have taken a course in introductory microeconomics. If not, they should be familiar with microeconomics as in, for example,"Microeconomics" by Mankiw & Taylor and the appendices 4 and 7 of the book "Microeconomics" by Pindyck & Rubinfeld. | 3 credits | 2G | M. Filippini | |
Abstract | An introduction to principles of energy economics and applications using energy policies: demand analysis, economic analysis of energy investments and cost analysis, economics of fossil fuels, economics of electricity, economics of renewable energy, market failures and energy policy, market-based and non-market based instruments, demand side management and regulation of energy industries. | ||||
Objective | The students will develop the understanding of economic principles and tools necessary to analyze energy issues and to formulate energy policy instruments. Emphasis will be put on empirical analysis of energy demand and supply, market failures, energy policy instruments, investments in power plants and in energy efficiency technologies and the reform of the electric power sector. | ||||
Content | The course provides an introduction to energy economics principles and policy applications. The core topics are -Demand analysis -Economic analysis of energy investments and cost analysis -Economics of fossil fuels -Economics of electricity -Economics of renewable energies -Market failures and energy policy -Market oriented and non-market oriented instruments -Demand side management -Regulation of energy industries | ||||
Literature | - International Handbook on the Economics of Energy by Joanne Evans (Editor), Lester C. Hunt (Editor) - Energy Economics Concepts, Issues, Markets and Governance Bhattacharyya, Subhes C. 1st Edition, 2011, XXVI, 721 p. 267 illus, 83 in color. | ||||
Prerequisites / Notice | It is recommended for students to have taken a course in introductory microeconomics. If not, they should be familiar with microeconomics as in, for example, "Microeconomics" by Mankiw & Taylor and the appendices 4 and 7 of the book "Microeconomics" by Pindyck & Rubinfeld. | ||||
364-0513-00L | Empirical Methods in Energy and Environmental Economics | 3 credits | 2V | M. Filippini, A. Alberini, W. Greene | |
Abstract | This course is designed for PhD students as well as advanced Master students, who are interested in Energy and Environmental Economics. The focus of the lectures/seminar is on applied econometrics in the energy and environmental sectors. Prerequisites for advanced master students: advanced microeconomics and advanced econometrics | ||||
Objective | The main topics are : (1) Random Utility Model (RUM) and discrete choice models in the context of consumer demand analysis; (2) Estimation of the level of productive efficiency of energy distribution companies as well estimation of the level of energy efficiency of regions and countries using a stochastic frontier approach; and (3) Policy evaluation methods such as difference-in-difference method and regression discontinuity . The contents and discussions aim at an applied presentation with emphasis on real examples and policy applications. The presentations and discussions are based on a selection of recent research papers relevant to the covered topics. In each section of the seminar, the students will have the opportunity of reviewing and presenting some of the relevant papers to the class. The main objective of the course is that students will learn about the application of econometric techniques and other empirical methods in scientific research in the field of energy and environmental economics. Through discussion and critical review of the existing literature students will also get a sense of how critical thinking can be used to assess empirical research in Energy and Environmental Economics. The course is organized as hours of lectures during which the instructor(s) will briefly present the theoretical framework as well as the methodologies used for empirical research in the covered topics. In the second part, some empirical studies related to the topic will be presented and discussed by the students and in the final part, an empirical analysis will be performed by the students using an econometric software and data provided by the instructors. Students are required to bring a laptop with the installed software (NLOGIT/LIMDEP/ STATA or an equivalent computer program) in the lab sessions. | ||||
Content | Part I Random Utility and Discrete Choice Models, Prof. Greene (18 hours): 1. Random utility models of choice 2. Discrete choice models and unobserved heterogeneity 3. Student presentations 4. Laboratory: estimation of discrete choice models using NLOGIT Part II Sthocastic Frontier Analysis, Prof. Filippini (7 hours) 1. Estimation of a cost function and of a demand function 2. Productive efficiency analysis using stochastic frontier 3. Energy efficiency analysis using stochastic frontier 4. Student presentations 5. Laboratory: estimation of frontier models using NLOGIT (or LIMDEP) Part III Policy Evaluation, Prof. Alberini (7 hours) 1. Panel data models 2. Difference-in-differences approach and regression discontinuity to policy evaluation 3. Student presentations 4. Laboratory: estimation of these models using LIMDEP and/or STATA | ||||
Lecture notes | During the course of the lecture notes will be made available to the students. | ||||
Prerequisites / Notice | The students are expected to have attended a course in advanced microeconomics and advanced econometrics. |