SDG Detail

ECON 372 : Energy and Environmental Economics

Undergraduate course

Project description

The course is an introduction to Energy and Environmental Economics. It also covers the economics of climate change and natural resources. Electricity market theory is covered in detail and includes market design issues. Time permitting we will also have a few lectures on green growth. There will be a few guest lectures by Hayden Green who is an Energy consultant and will present on some of the work he has been involved with for the Australian Energy Market Commission. There will be a major group work project which will involve a written critical analysis of a contemporary topic as well as an oral presentation.

Year 2022

Location New Zealand

Organization University of Auckland

Project aims

Project outcome

By the end of this course, students will be able to: Understand the factors that influence world energy markets. (Capability 1 and 2) Apply the theory developed to analyse resource markets and understand the limitations of the models. (Capability 2) Work collaboratively to prepare an essay on a topical energy economics topic and present to class. (Capability 1, 2, 4.1, 4.2 and 6) Demonstrate an understanding of of the theory of electricity markets and critically engage with market design issues and policy questions. (Capability 2) Understand and apply the economics of climate change to the ethical questions that arise. (Capability 4.3, 5.2 and 6) Have a basic understanding of the economics of environmental economics and apply to real world examples. (Capability 1 and 3)