608.800 (23W) Energy economics: theory and policy

Wintersemester 2023/24

Registration deadline has expired.

First course session
03.10.2023 09:00 - 12:00 B02.2.05 On Campus
... no further dates known

Overview

Lecturer
Course title german Energy economics: theory and policy
Type Lecture
Course model Attendance-based course
Hours per Week 2.0
ECTS credits 4.0
Registrations 26
Organisational unit
Language of instruction Englisch
possible language(s) of the assessment English
Course begins on 03.10.2023
eLearning Go to Moodle course

Time and place

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Course Information

Intended learning outcomes

Based on micro economic theory this lecture provides an overview of key features and particularities of energy markets, including their environmental impact. These features and particularities include the infrastructure character of the energy industry, the importance of externalities, a substantial extent of public ownership, and the dependence on exhaustible resource. Successful completion of this class allows students a realistic assessment of topical developments in the context of the energy transition.

Teaching methodology

Lecture. Set of slides and additional material will be provided on moodle. 

Course content

Basics of energy economics
Global energy demand and supply
Instances of market failure in energy markets
Regulation of grid-based fuels
Energy and sustainability
Energy-related indicators
Energy and environmental policy related instruments
Economics of renewable energy
Exhaustible resources
Alternatives (backstops)
Supply security
Energy and development
Topical energy policy issues


Prior knowledge expected

Good understanding of micro economics.

Curricular registration requirements

-

Literature

Peter Zweifel, Aaron Praktiknjo, Georg Erdmann, Energy Economics, Theory and Applications. Springer, 2017. 

Subhes C. Bhattacharyya, Energy Economics, Concepts, Issues, Markets and Governance. Springer, 2019. 

Machiel Mulder, Regulation of Energy Markets. Economic Mechanisms and Policy Evaluation. Springer, 2021. 


Examination information

Im Fall von online durchgeführten Prüfungen sind die Standards zu beachten, die die technischen Geräte der Studierenden erfüllen müssen, um an diesen Prüfungen teilnehmen zu können.

Examination methodology

Written exam. Open questions, closed book.  

Examination topic(s)

Topics dealt with in lecture, and additional material.

Assessment criteria / Standards of assessment for examinations

For successfully completing class, at least 50% of the maximum score is required.

Grading scheme

Grade / Grade grading scheme

Position in the curriculum

  • Bachelor's degree programme Business Administration (SKZ: 518, Version: 18W.1)
    • Subject: Volkswirtschaftslehre (Compulsory elective)
      • 20.1 SVWL Volkswirtschaftslehre I ( 0.0h VO, KS, VC, SE / 4.0 ECTS)
        • 608.800 Energy economics: theory and policy (2.0h VO / 4.0 ECTS)
          Absolvierung im 3., 4., 5., 6. Semester empfohlen
  • Bachelor's degree programme Business Administration (SKZ: 518, Version: 18W.1)
    • Subject: Volkswirtschaftslehre (Compulsory elective)
      • 20.2 SVWL Volkswirtschaftslehre II ( 0.0h VO, KS, VC, SE / 4.0 ECTS)
        • 608.800 Energy economics: theory and policy (2.0h VO / 4.0 ECTS)
          Absolvierung im 3., 4., 5., 6. Semester empfohlen
  • Bachelor's degree programme Business Administration (SKZ: 518, Version: 18W.1)
    • Subject: Volkswirtschaftslehre (Compulsory elective)
      • 20.3 SVWL Volkswirtschaftslehre III ( 0.0h VO, KS, VC, SE / 4.0 ECTS)
        • 608.800 Energy economics: theory and policy (2.0h VO / 4.0 ECTS)
          Absolvierung im 3., 4., 5., 6. Semester empfohlen
  • Bachelor's degree programme Business Administration (SKZ: 518, Version: 18W.1)
    • Subject: Fach aus dem gebundenen Wahlfachbündel I (Compulsory elective)
      • 26.1 Lehrveranstaltung I ( 0.0h VO, VC, KS, VI / 4.0 ECTS)
        • 608.800 Energy economics: theory and policy (2.0h VO / 4.0 ECTS)
          Absolvierung im 4., 5., 6. Semester empfohlen
  • Bachelor's degree programme Business Administration (SKZ: 518, Version: 18W.1)
    • Subject: Fach aus dem gebundenen Wahlfachbündel I (Compulsory elective)
      • 26.2 Lehrveranstaltung II ( 0.0h VO, VC, KS, VI / 4.0 ECTS)
        • 608.800 Energy economics: theory and policy (2.0h VO / 4.0 ECTS)
          Absolvierung im 4., 5., 6. Semester empfohlen
  • Bachelor's degree programme Business Administration (SKZ: 518, Version: 18W.1)
    • Subject: Fach aus dem gebundenen Wahlfachbündel I (Compulsory elective)
      • 26.3 Lehrveranstaltung III ( 0.0h VO, VC, KS, VI / 4.0 ECTS)
        • 608.800 Energy economics: theory and policy (2.0h VO / 4.0 ECTS)
          Absolvierung im 4., 5., 6. Semester empfohlen
  • Master's degree programme Applied Business Administration (SKZ: 918, Version: 12W.4)
    • Subject: Energy and Environmental Economics (Compulsory elective)
      • Energieökonomik: Theorie und Politik ( 2.0h VO / 4.0 ECTS)
        • 608.800 Energy economics: theory and policy (2.0h VO / 4.0 ECTS)
  • Master's degree programme Applied Cultural Analysis and Transcultural Studies (SKZ: 842, Version: 22W.1)
    • Subject: Nachhaltige Entwicklung (Compulsory elective)
      • 15.2 Sustainable Development II ( 0.0h VS / 4.0 ECTS)
        • 608.800 Energy economics: theory and policy (2.0h VO / 4.0 ECTS)
  • Master's degree programme Information Management (SKZ: 922, Version: 19W.1)
    • Subject: Nachhaltiges Energiemanagement (Compulsory elective)
      • 6.7.2 Energiewirtschaft und –politik ( 0.0h VO / 4.0 ECTS)
        • 608.800 Energy economics: theory and policy (2.0h VO / 4.0 ECTS)
          Absolvierung im 1., 2., 3., 4. Semester empfohlen
  • Master's degree programme Information Management (SKZ: 922, Version: 13W.2)
    • Subject: Nachhaltiges Energiemanagement (Compulsory elective)
      • 5.7.2 Energiewirtschaft und -politik ( 2.0h VO / 4.0 ECTS)
        • 608.800 Energy economics: theory and policy (2.0h VO / 4.0 ECTS)
  • Master's degree programme Information and Communications Engineering (ICE) (SKZ: 488, Version: 15W.1)
    • Subject: Management and Economics : Fundamentals (WI) (Compulsory subject)
      • Energy Economics: Theory and Policy ( 0.0h VO / 4.0 ECTS)
        • 608.800 Energy economics: theory and policy (2.0h VO / 4.0 ECTS)
  • Master's degree programme Information and Communications Engineering (ICE) (SKZ: 488, Version: 22W.1)
    • Subject: Management and Economics: Fundamentals (Compulsory subject)
      • 3.1 Energy Economics: Theory and Policy ( 0.0h VO / 4.0 ECTS)
        • 608.800 Energy economics: theory and policy (2.0h VO / 4.0 ECTS)
  • Bachelor's degree programme Business and Law (SKZ: 519, Version: 18W.1)
    • Subject: Volkswirtschaftslehre (Compulsory elective)
      • 7.7.1. SVWL Volkswirtschaftslehre 1 ( 0.0h VO, VC, KS, SE / 4.0 ECTS)
        • 608.800 Energy economics: theory and policy (2.0h VO / 4.0 ECTS)
          Absolvierung im 4., 5., 6. Semester empfohlen
  • Bachelor's degree programme Business and Law (SKZ: 519, Version: 18W.1)
    • Subject: Volkswirtschaftslehre (Compulsory elective)
      • 7.7.2. SVWL Volkswirtschaftslehre 2 ( 0.0h VO, VC, KS, SE / 4.0 ECTS)
        • 608.800 Energy economics: theory and policy (2.0h VO / 4.0 ECTS)
          Absolvierung im 4., 5., 6. Semester empfohlen
  • Bachelor's degree programme Business and Law (SKZ: 519, Version: 18W.1)
    • Subject: Volkswirtschaftslehre (Compulsory elective)
      • 7.7.3. SVWL Volkswirtschaftslehre 3 ( 0.0h VO, VC, KS, SE / 4.0 ECTS)
        • 608.800 Energy economics: theory and policy (2.0h VO / 4.0 ECTS)
          Absolvierung im 4., 5., 6. Semester empfohlen
  • Extension programme (UG §54a) Sustainable Development and Energy (SKZ: 011, Version: 20W.2)
    • Subject: Gebundenes Wahlfach 3: Spezialisierung in einem der Vertiefungsfächer (Compulsory elective)
      • 5.1 Lehrveranstaltungen Spezialisierung in einem der Vertiefungsfächer ( 0.0h XX / 4.0 ECTS)
        • 608.800 Energy economics: theory and policy (2.0h VO / 4.0 ECTS)
          Absolvierung im 2. Semester empfohlen

Equivalent courses for counting the examination attempts

Wintersemester 2024/25
  • 608.800 VO Energy economics: theory and policy (2.0h / 4.0ECTS)
Wintersemester 2022/23
  • 608.800 VO Energy economics: theory and policy (2.0h / 4.0ECTS)
Wintersemester 2021/22
  • 608.800 VO Energy economics: theory and policy (2.0h / 4.0ECTS)
Wintersemester 2020/21
  • 608.800 VO Energieökonomik: Theorie und Politik (2.0h / 4.0ECTS)
Wintersemester 2019/20
  • 608.800 VO Energieökonomik: Theorie und Politik (2.0h / 4.0ECTS)
Wintersemester 2018/19
  • 608.800 VO Energieökonomik: Theorie und Politik (2.0h / 4.0ECTS)
Wintersemester 2017/18
  • 608.800 VO Energieökonomik: Theorie und Politik (2.0h / 4.0ECTS)
Wintersemester 2016/17
  • 608.800 VO Energieökonomik: Theorie und Politik (2.0h / 4.0ECTS)
Wintersemester 2015/16
  • 608.800 VO Energieökonomik: Theorie und Politik (2.0h / 4.0ECTS)
Wintersemester 2014/15
  • 608.800 VO Energieökonomik: Theorie und Politik (2.0h / 4.0ECTS)
Wintersemester 2013/14
  • 608.800 VO Energieökonomik: Theorie und Politik (2.0h / 4.0ECTS)
Wintersemester 2012/13
  • 608.800 VO Energieökonomik: Theorie und Politik (2.0h / 4.0ECTS)
Wintersemester 2011/12
  • 608.800 VO Energieökonomik (2.0h / 3.0ECTS)
Wintersemester 2010/11
  • 608.800 VO Energieökonomik (2.0h / 3.0ECTS)
Wintersemester 2009/10
  • 608.800 VO Energie- und Umweltökonomik (2.0h / 3.0ECTS)
Wintersemester 2008/09
  • 608.800 VO Energie- und Umweltökonomik (2.0h / 3.0ECTS)