Energy Economics

This course is both the study of energy markets and the study of the relationship between these markets and issues of the natural environment, such as emissions/ discharges, global climate change, and renewable resources. Energy economics focuses on the behavior of energy producers and consumers in imperfectly competitive markets, the prospect of “peak oil,” and the development of energy technologies based on renewable resources. Of particular interest are market responses to changing incentives and the role of government policy.

Credits: 4 Cr.