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OAEN 2045 - ENERGY ECONOMICS

Type d'enseignement : Seminar

Semester : Autumn 2018-2019

Number of hours : 24

Language of tuition : English

Pre-requisite

Principle of 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... Objectives : - 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.

Teachers

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

Pedagogical format

Documents will be available during the semester: - Detailed syllabus ; - Slides for each lecture ; - Economic concepts presentation ; - Optional Readings.

Course validation

10% assignment (solution presented in Excel);
20% oral presentation (Pecha Kucha form);
25% common mid-term exam (written exercises and open questions)
​45% common final exam (written exercises and open questions).

Required reading

Bhattacharyya, Subhes C.(2011), “Energy Economics: Concepts, Issues, Markets and Governance”, 1st Edition., 2011, XXVI, 721 p. 267 illus., 83 in color