DENSYS Curriculum

Foreword

How the program is structured

Year 1

Year 2

Partners

Explore

Elective courses #1

Energy economics

Teaching Unit (for year 1): Elective #1

Face-to-face time

⁠
`24`
⁠
hours

Student workload

⁠
`60`
⁠
hours

ECTS

⁠
`3`
⁠
⁠

Responsible Teacher

Olivier DAMETTE

Université de Lorraine

BETA

⁠

Pedagogic Team

⁠

Aims of the teaching

The teaching aims at training the students for improving their employability in the private or research sector by developing her/his ability to understand the economic sensitivity of the implementation of energy projects and policies and using it in the decision-making process.

The purpose of the lectures is to present the main concepts and the basic economics models used in the field of energy economics, with the aim to provide the students a referential framework that helps them to achieve a critical analysis of the energy problems of our environment. It aims as well to study the links that these problems have with the development of our society. This lecture will approach the fundamental economic aspect of primary energy (supply, demand, market and prices), it will study the links between energy consumption and

Intended Learning outcomes (measured by the assessment)

At the end of the teaching module, the student should:

Be capable of illustrate the evolution of different economic and energy consumption aggregates.

Describe and interpret econometrics equations and charts in a situation of energy consumption evaluation of a region.

Be able to choose, among different proposals, the best energy project from an economic and a financial perspective.

Argue the advantages and disadvantages of fossil fuel energy and/or nuclear energy consumption versus renewable energy consumption.

Evaluate the impact of energy policies in the economy.

Criticize the hypothesis and the conclusions of research papers in the field.

Learning activities and approach

E-learning (online)

Lectures (onsite)

12h

incl. 8h given by invited scholars

Tutorials (onsite)

Useful information

Location

Practical work equipment

Other information

Assessment method

Dossier with an analysis of an academic research paper and exercises.

Prerequisites

An intermediate level of mathematics (algebra and calculus) is required in order to understand the mathematical and statistical models.

Related literature

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

The Economic Growth Engine, Robert U. Ayres et Benjamin Warr

Energie: Economie et politiques, Jean-Pierre Hansen et Jacques Percebois (in French)

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