Energy Economics and Policy

With renewable sources playing an increasing role in meeting global energy demand and mitigating climate change, electric power systems and the related markets are changing. To prepare for a career in the future energy landscape, industry professionals, policymakers, and academics must understand these changes and develop specific, relevant skills to drive this energy transition within the necessary timeframe.

In this course, you will learn to apply economic and socio-political analysis to real-world regulatory policy questions in a set of extremely important, interrelated energy markets. Specifically, by looking at real-world case studies and emerging research, you will explore key aspects of the oil, natural gas, electricity, and nuclear power sectors, and how policies such as carbon taxes and efficiency standards can drive reductions in the greenhouse gas emissions. You will also employ systems-level analysis to predict policy outcomes not only within energy markets but across transportation, building and development, employment, and health and social sectors. Overall, you will gain insights into how applied economics and policy tools can effectively move the global energy sector toward renewable and clean energy sources to mitigate climate change, while at the same time promoting economic development.

Learners who will benefit from this course include professionals, academics, graduate students, and advanced undergraduate students considering careers and/or further study in energy industry, government and policy, non-governmental organizations and nonprofits, private technology and investment firms, academia, and research and development.