ECON 437 - Energy Economics and Policy
Section: 001
Term: FA 2012
Subject: Economics (ECON)
Department: LSA Economics
Waitlist Capacity:
Enforced Prerequisites:
ECON 401 with a grade of C- or better; or graduate standing.
May not be repeated for credit.
Rackham Information:
Rackham credit requires additional work.
Primary Instructor:

This course examines recent developments in energy markets and energy policy. It will use economic theory and empirical evidence to analyze the real-world operation of energy sectors such as oil, electricity, and natural gas. Understanding the structure of supply and demand in these industries is essential for designing effective energy policy.

Examples of policy areas that will be explored in this course include price regulation, fuel economy standards, carbon taxes, cap-and-trade programs, and renewable energy incentives. At the end of the course you should be able to apply economic tools to critically analyze the design of policies in a variety of energy sectors.

Textbooks/Other Materials: Note To Students: Please use Wolverine Access Class Search to check for textbook information.

Course Requirements:

Grading for the course is based on six problem sets, a midterm and a final examination, and participation in two multi-week strategy games in which teams of students compete in simulated oil and electricity markets.

Intended Audience:

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Class Format:

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ECON 437 - Energy Economics and Policy
Schedule Listing
001 (LEC)
MW 4:00PM - 5:30PM
NOTE: Data maintained by department in Wolverine Access. If no textbooks are listed below, check with the department.

ISBN: 1594202834
The quest : energy, security and the remaking of the modern world, Author: by Daniel Yergin., Publisher: Penguin Press
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