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| Module Availability |
Spring |
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| Assessment Pattern |
| Unit(s) of Assessment |
Weighting Towards Module Mark (%)
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| 2 hour Examination |
75
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Coursework
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25
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Qualifying Condition(s)
A weighted aggregated mark of 50% is required to pass the module |
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| Module Overview |
This module will examine a number of applied techniques used by energy economist to model and analyse energy demand, supply, regulation and policy |
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| Prerequisites/Co-requisites |
Undergraduate degree in economics or equivalent, Energy Economics and Technology, Quantitative Methods for Economics, Econometrics |
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| Module Aims |
To introduce key applied techniques and tools used by energy economists |
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| Learning Outcomes |
By the end of the module students will:-
Have an understanding of various applied techniques used in energy economics
Be able to critically appraise academic research using applied energy economics techniques
Be able to apply and use various applied energy economics techniques in research and/or policy analysis
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| Module Content |
The following is an indication of the likely topics to be covered (actual topics may vary each year):-
- Econometric modelling of energy demand
- Econometric modelling of the (in) efficiency network utilities - gas and electricity
- Modelling the 'Rebound Effect'
- Econometric modelling and forecasting of oil prices
- Holistic models of energy-economy interactions
- Price and incentive regulation of energy utilities
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| Methods of Teaching/Learning |
Lectures and lab sessions (20 hrs) |
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| Selected Texts/Journals |
There is no up-to-date single text that is suitable for the module. Specific reading will be given for each topic as the module progresses. |
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| Last Updated |
28 September 2010 |
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