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Syllabus:

Energy Economics, 7.5 Credits

Swedish name: Energiekonomi

This syllabus is valid: 2015-07-27 and until further notice

Course code: 2NE074

Credit points: 7.5

Education level: Second cycle

Main Field of Study and progress level: Economics: Second cycle, has second-cycle course/s as entry requirements

Grading scale: Pass with distinction, Pass, Fail

Responsible department: Department of Economics

Established by: Rector of Umeå School of Business and Economics, 2015-07-27

Contents

The course aims to provide a comprehensive understanding of energy markets, as well as knowledge of how to analyze them and how they interact with the rest of the economy. A further aim of is to give students advanced tools to analyze how energy and environmental policies affect the demand and supply of different types of energy. The course will address a number of different types of issues related to demand and supply of energy. For example, one may ask how climate policy affects the energy markets. The literature that will be used consists mainly of a collection of separate articles attached to respective issue.

 

Expected learning outcomes

After completion of this course, students should:
- Understand and interpret the research literature on energy economic issues
- Be able to theoretically and empirically describe the demand and supply of energy, and how these interact in a market.
- Be able to analyze the effects of energy and environmental policies on the supply and demand of different types of energy
- Have a good understanding of the need for government policies in various energy markets, and to analyze the possibilities and limitations of various policy measures.
- Have the ability to report and present the result of its own analyzes, both in writing and orally in a seminar

 

Required Knowledge

Mathematics for Economists I, 7.5ECTS at advanced level, Econometrics I, 7.5ECTS at advanced level and Microeconomic Analysis I, 7.5ECTS at advanced level or the equivalent.
 

Form of instruction

The education will take the form of lectures, excercises and seminars. .
 

Examination modes

The examination consist of written examination in the end of the course, assignments and seminars. The result from the mid-module exams, assignments and seminars are only valid during the current semester.

A second exam opportunity is always offered within a short time span after the regular exam date for those students not achieving a Pass. The subsequent exam opportunity is either the re-take opportunity the week before the fall semester or the next regular exam date.

The following grading system will be used: Pass with Distinction (Väl Godkänd) Pass (Godkänd) Fail (Underkänd).

There is normally not possible to make additional examinations to reach a higher grade. Exceptions can be made for a student with the grade Fail on any of the examinations if the examiner (not the lecturer) finds this appropriate. The task must be a minor undertaking, closely related to the learning outcome not reached, and performed in close proximity to the original examination.

When a student has failed an examination on two occasions, he or she has a right to have another grading teacher. A written request for an alternative examiner should be handed to the Dean of the Business School no later than two weeks before the next examination opportunity.

Credit transfer
Academic credit transfers are according to the University credit transfer regulations.

 

Literature

The literature list is not available through the web. Please contact the faculty.