| Call Number | 10270 |
|---|---|
| Points | 3 |
| Grading Mode | Standard |
| Approvals Required | None |
| Instructor | Robert Metcalfe |
| Type | LECTURE |
| Method of Instruction | In-Person |
| Course Description | This course is an introduction to the economics of energy markets. We will study the main sources of inefficiencies in energy markets—market power and externalities—and their implications for policymaking. We will cover, for example, how oil and natural gas prices are determined globally, deregulation and market power in electricity markets, and policy responses such as carbon permit trading. We will also discuss recent challenges faced by policymakers in energy markets, such as the incorporation of renewables, transmission, transport, and the broader energy transition to net zero. Students will work in groups to deliver a project and presentation focusing on a real-world energy policy question of their choice. The objective of the group project is to provide hands-on experience in energy policy analysis using the main economic concepts discussed in the class. |
| Web Site | Vergil |
| Department | Climate, Energy, & Environment |
| Enrollment | 0 students (50 max) as of 2:05PM Saturday, August 9, 2025 |
| Subject | Climate, Energy, & Environment |
| Number | IA7500 |
| Section | 001 |
| Division | School of International and Public Affairs |
| Open To | SIPA |
| Section key | 20261CEEN7500U001 |