4.0

credits

Average Course Rating

Energy holds a unique position at the nexus of multiple disciplines, including microeconomics, macroeconomics, finance, politics, security, environment, and science and technology. It forms a constant source of anxiety and opportunity to the private sector and policymakers, yet its breadth, complexity, and multi-dimensional nature challenges all participants in the energy space. This course provides a quantitatively rigorous introduction to the principles of energy economics, including the fundamentals of demand and supply, storage, transportation, transmission, and processing. The course also covers the associated financial markets for futures and other derivatives, the linkages between energy and the broader global macroeconomy, the political, environmental, and security externalities and their policy implications, the valuation of energy assets, and finally a survey of some unique characteristics and outlook for various sources of energy, including hydrocarbon, nuclear, biofuel, and renewable sources. <a href="http://bit.ly/1bebp5s" target="_blank">Click here to see evaluations, syllabi, and faculty bios</a>