Accueil > Economics of Energy

KAFP 3570 - Economics of energy

Type d'enseignement : Elective

Semester : Spring 2017-2018

Number of hours : 32

Language of tuition : English


Principle in Microeconomics

Course Description

This course provides students with an overview of the fundamental concepts of economic issues and theories related to energy. More precisely, this course examines the economics of markets for various energy sources, and their interactions with each other and with the rest of the economy. It will cover a variety of theoretical and empirical topics related to energy demand, supply, costs, prices, and consequences of energy activities. Objectivs : • Understand basic economic concepts that underlie energy production and end use. • Understand how energy markets and prices are affected. • Become familiar with public policy issues related to energy. • Explain concepts fundamental to the economics of natural energy resources • Be able to apply this knowledge to analysis of specific energy industries and policy questions.


MERITET, Sophie (Associate professor in Economics Université Paris dauphine)

Course validation

50% final exam (exercises and open questions) 20 % assignments 30% individual synthesis

Required reading

  • BHATTACHARYYA, SUBHES C.(2011), “Energy Economics: Concepts, Issues, Markets and Governance”, 1st Edition., 2011, XXVI, 721 p. 267 illus., 83 in color
  • MERITET S. & VAUJOUR J-B (2015), Economie de l'Energie, Topos, Dunod.