Courses of Study 2020-2021 
    Dec 07, 2021  
Courses of Study 2020-2021 [ARCHIVED CATALOG]

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AEM 4515 - [Business and Economics of Energy]

Fall. Not offered: 2020-2021. Next offered: 2021-2022. 3 credits. Student option grading (no audit).

Prerequisite: MATH 1110 , AEM 2100 , AEM 2600 , or equivalent.

T. Gerarden, I. Rudik.

This course will investigate energy issues from an economic and business perspective using a quantitative approach. In the first part of the course, students will learn how to think about energy through an economic and business lens. The second part of the coursewill f ocus on topical energy market issues such as imperfect competition, bidding in electricity markets, markets for oil and gas, and environmental regulation.

Outcome 1: Use and evaluate scientific and economic information to reach defensible conclusions.

Outcome 2: Describe the implications of using markets to supply and allocate energy.

Outcome 3: Identify market failures that justify energy policy interventions.

Outcome 4: Develop skills to evaluate the benefits and costs of different energy policies.

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