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2011/2 Provisional Module Catalogue - UNDER CONSTRUCTION & SUBJECT TO CHANGE
 Module Code: ECO3012 Module Title: ENERGY ECONOMICS
Module Provider: Economics Short Name: EC456
Level: HE3 Module Co-ordinator: HUNT LC Prof (Economics)
Number of credits: 15 Number of ECTS credits: 7.5
 
Assessment Pattern
Unit(s) of Assessment 

Weighting Towards Module 
Mark (%)
2 hour Examination

70
Coursework

30

Qualifying Condition(s)
A weighted aggregated mark of 40% is required to pass this module
Module Overview

This module will examine the fundamentals of energy economics from the demand and supply sides: covering appropriate economic theory, empirical studies, and policy issues
Prerequisites/Co-requisites
None
Module Aims
To train students to be able to analyse the economics of energy
Learning Outcomes

By the end of the module students will:-

  • have knowledge of the UK, and world energy situation
  • have an understanding of the economic fundamentals of energy demand and supply
  • have an understanding of the economic fundamentals underpinning most energy types
  • be familiar with the important theoretical work that underpins the study of energy economics
  • appreciate the important energy policy issues
Module Content

The following is an indication of the likely topics to be covered:-

  • energy balances and statistics
  • energy demand: theory and measurement
  • energy demand: energy efficiency, rebound effects, etc
  • energy supply: international coal, gas, and oil markets
  • energy supply: competition and regulatin of electricity and gas
  • energy supply: renewables and nuclear power
  • energy policy
Methods of Teaching/Learning
Lectures (11)
Last Updated

10 March 2011