wcm210 - Resource and Energy Economics

wcm210 - Resource and Energy Economics

Originalfassung Englisch PDF Download
Modulbezeichnung Resource and Energy Economics
Modulkürzel wcm210
Kreditpunkte 6.0 KP
Workload 180 h
Einrichtungsverzeichnis Department für WiRe (VWL)
Verwendbarkeit des Moduls
  • Master Water and Coastal Management (Master) > Bereich Socioeconomics
Zuständige Personen
  • Böhringer, Christoph (Modulberatung)
  • Siebenhüner, Bernd (Prüfungsberechtigt)
Teilnahmevoraussetzungen
None
Kompetenzziele
  • 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).
Modulinhalte
The course deals with the following subjects:

Resource economics
  • Economics of sustainable resource use, methods of resource economics, non-renewable resources, renewable resources

Energy economics
  • Markets and regulation: competitive markets as efficiency benchmark; market failures as a rationale for regulation
  • Fundamentals of energy system/market analysis: definitions and concepts; energy statistics and balances; elasticities and incidence of policy interference
  • Market imperfections and regulatory design: environmental externalities, imperfect competition
  • Electricity markets: supply, demand, market interactions, market failures and regulatory responses

Methods of teaching: The course is designed as a lecture that teaches the relevant methods, concepts and models and illustrates them with reference to practical examples.
Literaturempfehlungen
Roger Perman et al.: Resource and Environmental Economics, 4th edition, Pearson 2011.
John Hartwick, Nancy Olewiler: The Economics of Natural Resource Use, 2nd edition, Addison Wesley 1997;
Carol Dahl: International Energy Markets, PennWell 2004;
Steven Stoft, Power System Economics : Designing Markets for Electricity, New York 2002;
IEA: World energy outlook, annual.
Knut Sydsaeter, Peter Hammond: Essential Mathematics for Economic Analysis, Pearson.
Links
Unterrichtssprache Englisch
Dauer in Semestern 1 Semester
Angebotsrhythmus Modul halbjährlich
Aufnahmekapazität Modul unbegrenzt
Modulart je nach Studiengang Pflicht oder Wahlpflicht
Modullevel ---
Lehr-/Lernform Lecture
Prüfung Prüfungszeiten Prüfungsform
Gesamtmodul
Lehrveranstaltungsform Seminar
Angebotsrhythmus

Nach oben