|363-1031-00L||Quantitative Methods in Energy and Environmental Economics||4 credits||3G||S. Rausch,
|Abstract||The course provides an introduction to quantitative methods used to analyze problems in energy and environmental economics. Emphasis will be put on partial and general equilibrium models, regression models to estimate demand functions, econometric techniques for policy evaluations, and panel data methods.|
|Objective||The objectives of the course are twofold. First, the course is intended to provide an introduction to the economic assessment of energy and environmental policy. To this end, the course provides students with an overview of state-of-the-art tools to economic modeling and econometric approaches. Second, the course is intended to familiarize master (and doctoral students) with the computer software necessary to implement these quantitative methods to initiate their own research in energy and environmental economics. |
Ancillary objectives of the course include an introduction to environmental implications of energy use and the role of economic analysis in designing policies which address issues of energy security, climate change and related environmental externalities.
|Literature||Lecture notes, exercises and reference material will be made available to students during the semester.|
|Prerequisites / Notice||Basic knowledge of microeconomics and calculus. Knowledge from the courses "Energy Economics and Policy (363-0514-00L)" and "Principles of Microeconomics" are required.|
Block course during two weeks before the start of the semester. Students work on a group project during the semester. Presentation of group projects by students in week 8 and 9 of the semester. Performance assessment is based on group projects during the semester.