Spring 2025 International Affairs U6065 section 001

The Economics of Energy

Call Number 10373
Day & Time
Location
M 11:00am-12:50pm
To be announced
Points 3
Grading Mode Standard
Approvals Required None
Instructor Robert Metcalfe
Type LECTURE
Method of Instruction In-Person
Course Description

Pre-req: Microeconomics. 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 policy making. 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 permits trading. We will also discuss recent challenges faced by policymakers in energy markets, such as the incorporation of renewables, transmission, transport, and the energy transition to net zero more broadly.

Web Site Vergil
Department International and Public Affairs
Enrollment 66 students (63 max) as of 12:05PM Monday, December 30, 2024
Status Full
Subject International Affairs
Number U6065
Section 001
Division School of International and Public Affairs
Section key 20251INAF6065U001