Energy and Environmental Economics
Edinburgh , United Kingdom
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Start Date
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Medium of studying
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Duration
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Details
Program Details
Degree
Masters
Major
Energy Management | Environmental Engineering | Economics
Area of study
Social Sciences | Engineering
Course Language
English
About Program
Program Overview
Postgraduate Course: Energy and Environmental Economics (PGEE11001)
Course Overview
The aim of this course is to provide a theoretical grounding in economics from first principles, exploring the fundamental principles of efficiency in the distribution of resources in society. These principles are then applied in the fields of energy and the environment. No prior knowledge of economics is assumed.
Course Description
The course outline includes:
- Introduction to economic theories and principles
- Introduction and definitions
- Consumer behaviour
- Firm behaviour
- Equilibrium
- Welfare theory
- Environmental economics
- Principles of environmental economics
- Emissions regulation and other instruments
- Environmental cost-benefit analysis
- Energy economics
- World energy markets
- Electricity markets
- Investment in and regulation of energy markets
Entry Requirements
- Pre-requisites: None
- Co-requisites: None
- Prohibited Combinations: None
- Other requirements: None
Course Delivery Information
- Academic year: 2017/18
- Availability: Available to all students (SV1)
- Quota: None
- Course Start: Semester 1
- Timetable:
- Total Hours: 100
- Lecture Hours: 22
- Formative Assessment Hours: 1
- Summative Assessment Hours: 2
- Programme Level Learning and Teaching Hours: 2
- Directed Learning and Independent Learning Hours: 73
Assessment
- Written Exam: 0%
- Coursework: 100%
- Practical Exam: 0%
- Additional Information (Assessment): Coursework (100%)
Learning Outcomes
On completion of this course, the student will be able to:
- Understand and apply the main economic theories and concepts underlying environmental and energy economics.
- Understand and reflect on different methods to value environmental goods.
- Critically discuss previous, existing, and potential future pollution control measures.
- Understand and critically evaluate the functioning of different types of energy markets.
- Describe and discuss important ethical issues in energy markets and environmental valuation.
Reading List
- Stef Proost and Guido Pepermans (2016). Energy Economics. Acco, Leuven.
Graduate Attributes and Skills
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