Global Energy Markets
Code
2141
Academic unit
null
Department
null
Credits
3,5
Teacher in charge
Maria Antonieta Ejarque Cunha e Sá
Teaching language
English
Objectives
This course (half course) covers a few topics related to energy demand and supply, environmental consequences of energy consumption and production, and the impact of policy intervention on energy demand, supply, prices and environmental effects. A special emphasis is given to the issues that are currently debated in the context of the international agenda of climate change challenges. Therefore, the economics of depletable resources (fossil fuels) is examined in detail. The role played by renewable sources of energy is investigated in that context. In particular, the consequences of promoting the development of non-carbon energy sources and its impact on the transition path to a less fossil fuel dependent economy are addressed. The objectives of the course are to introduce:
(i) some basic concepts of Natural Resource and Energy Economics
(ii) to contribute to a better understanding of the most relevant topics in the field from an economic perspective, in particular, those that are currently discussed in the context of the energy debate
(iii) to develop the ability of students to apply the tools of economic analysis to policy issues involving an intertemporal perspective.
Prerequisites
Subject matter
Bibliography
Teaching method
Evaluation method