Economics of Energy

Catalog description

A grade of ‘C’ or better in ECON 201 and ECON 202 , or a grade of ‘C’ or better in ECON 101 This course examines markets for various extractive energy sources (such as oil, coal and natural gas,) as well as renewable energy sources (such as wind and solar). The course will: 1) investigate why energy markets have historically been subject to extensive governmental intervention; 2) analyze the effects of traditional policy measures such as price controls and regulation; and 3) examine current policy issues arising from the relationships among energy use, economic growth and the environment.