mar743 - Energy and Climate Change Economy (Complete module description)

mar743 - Energy and Climate Change Economy (Complete module description)

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Module label Energy and Climate Change Economy
Modulkürzel mar743
Credit points 6.0 KP
Workload 180 h
(
Kontaktzeit: 56 h, Selbststudium: 124 h
)
Institute directory Institute for Chemistry and Biology of the Marine Environment
Verwendbarkeit des Moduls
  • Master's Programme Environmental Modelling (Master) > Mastermodule
Zuständige Personen
  • Böhringer, Christoph (Module counselling)
  • Asane-Otoo, Emmanuel (Module counselling)
  • Helm, Carsten (module responsibility)
Prerequisites
keine
Skills to be acquired in this module
Energy Economics

- Understanding the (normative) problems of resource use
- Rationales and instruments for policy intervention into (energy) markets
- Command of analytical methods (incl. role of analytical and numerical models in policy analysis)
- Ability to judge energy policy issues based on sound economic analysis (theory)
- Ability to quantify the relevance of arguments (empirics).


Economics of Climate Change

Studierende erwerben die Fähigkeit, vor dem Hintergrund der naturwissenschaftlichen Grundlagen die ökonomischen Antriebskräfte des Klimawandels zu analysieren und regulatorisch-politische Lösungsansätze zu verstehen und zu bewerten. Sie verfügen über

- Verständnis der grundlegenden Problemstellungen,
- Verständnis der relevanten Konzepte,
- Beherrschung der Analysemethoden,
- Verständnis der intertemporalen und internationalen Anreizprobleme,
- Verständnis der Instrumente der Klimapolitikfür die Regulierung von Energiemärkten.
Module contents

Energy Economics

This course deals with the economic analysis of energy markets and their regulation. The following issues are covered:

- Fundamentals of Energy Analysis
- Energy Resources
- The Coal Market – Perfect Competition
- The Oil Market – OPEC Cartel
- The Gas Market – Oligopoly
- Introduction to Electricity Markets
- Market Power in Electricity Markets
- Investment in Reliability
- Regulation of Electricity Markets

Teaching language: English


Economics of Climate Change:

This course deals with economic causes of climate change and approaches, problems and impacts of climate change policy. The following issues are covered:

- The Science of Climate Change
- Why Climate Policy – Market Failure
- Cost-Benefit and Inter-temporal Problems
- International Cooperation
- Instruments of Climate Policy
- Climate Policy in Practice

Teaching language: English

Literaturempfehlungen

Energy Economics and

Economics of Climate Change

Wird in den Veranstaltungen bekannt gegeben

Will be announced in StudIP

Links
Languages of instruction German, English
Duration (semesters) 1 Semester
Module frequency
Module capacity unlimited
Reference text
Das Modul mar743 wird ab dem WiSe 2022/23 durch das Modul wir890 ersetzt.
Examination Prüfungszeiten Type of examination
Final exam of module
Klausur am Ende der Veranstaltungszeit oder alle anderen möglichen nach Maßgabe der Dozentin oder des Dozenten
KL
Lehrveranstaltungsform Lecture
SWS 4
Frequency SoSe oder WiSe