363-0514-00L  Energy Economics and Policy

SemesterSpring Semester 2017
LecturersM. Filippini
Periodicityyearly recurring course
Language of instructionEnglish
CommentIt 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.



Courses

NumberTitleHoursLecturers
363-0514-00 GEnergy Economics and Policy2 hrs
Thu17:15-19:00HG G 5 »
22.03.14:15-16:00HG E 3 »
26.04.14:15-16:00HG E 3 »
04.05.19:15-20:00HG G 3 »
11.05.19:15-20:00HG G 5 »
18.05.19:15-20:00HG G 3 »
24.05.14:15-16:00HG E 3 »
01.06.17:15-19:00HG E 7 »
M. Filippini

Catalogue data

AbstractAn 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.
ObjectiveThe 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.
ContentThe 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- Joanne Evans (Editor) and Lester C. Hunt (Editor), 2009, International Handbook on the Economics of Energy, Edward Elgar Publishing.

- Bhattacharyya, Subhes C., Energy Economics, 2011, Energy Economics Concepts, Issues, Markets and Governance, 1st Edition, Springer.
Prerequisites / NoticeIt 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.

Performance assessment

Performance assessment information (valid until the course unit is held again)
Performance assessment as a semester course
ECTS credits3 credits
ExaminersM. Filippini
Typegraded semester performance
Language of examinationEnglish
RepetitionRepetition only possible after re-enrolling for the course unit.
Additional information on mode of examinationWritten exam 60 min. Closed-book, a simple, non-programmable calculator without graphics functions and a non-electronic dictionary are allowed.

Learning materials

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Only public learning materials are listed.

Groups

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Restrictions

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Offered in

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