Energy Economics and Policy

Code:

2EGA01

Acronym:

EPE

Keywords
Classification	Keyword
OFICIAL	Economics

Instance: 2016/2017 - 1S

Active?	Yes
Responsible unit:	Agrupamento Científico de Economia
Course/CS Responsible:	Master in Environmental Economics and Management

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
EGA	32	Bologna Syllabus since 2012	1	-	7,5	56	202,5

Teaching language

Portuguese

Objectives

The course is aimed to give students the basic knowledge and analytical skills on the energy sector and Energy Policy, as well as the close relationship between Energy and the Economy.

Learning outcomes and competences

At the end of this course, students are expected to present analytical reports on macro and  microeconomic aspects of the economy where energy is the main issue. They shall be able to make a correct interpretation of energy balances and to compare them. Finally6, they shall be able to recognize relationships and eventual contradictions between economic policy and energy/environmental policy.

Working method

Presencial

Program

1. Introduction: Geopolitics and the social dimension of energy.
2. Key concepts of Energy Economics and energy accountancy.
3. The energy value chain: coal, oil, natural gas, electricity.
 4. The global energy industry and Oil: companies and governments; markets and politics. Case studies. 4. Energy resource nationalism and market power. Case studies.
5. Energy Balances. Structure, interpretation and use for economic policy purposes. Case studies.
6. Energy indicators: calculation, interpretation and international comparision. Case studies.

Mandatory literature

Subhes C. Bhattacharyya; Energy Economics: concepts, issues, markets and governance, Springer- Verlag London Limited, 2011. ISBN: 978-0-85729-267-4

Teaching methods and learning activities

Presentation of topics, discussion in class. Several case studies will be discussed.

keywords

Social sciences > Economics > Environmental economics > Natural resource economics

Evaluation Type

Distributed evaluation without final exam

Assessment Components

Designation	Weight (%)
Participação presencial	5,00
Teste	70,00
Trabalho escrito	25,00
Total:	100,00

Eligibility for exams

75% of classes should be attended. Two tests: the students must have a minimum of 7.5/20.0 in each one.

Calculation formula of final grade

FG= 5% Assiduity+35% classification in the first test+ 35% classification of the second test+ 25%classification of case presentation.

Examinations or Special Assignments

According to the Faculty rules.

Special assessment (TE, DA, ...)

According to the faculty rules.

Classification improvement

According to the faculty rules.