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Coursebooks
Economics of innovation & management in energy
MGT-407
Lecturer(s) :
Jaag Christian IvoLanguage:
English
Withdrawal
It is not allowed to withdraw from this subject after the registration deadline.Remarque
Special schedule. See the MTE website: http://cdm.epfl.ch/mte/study-planSummary
This course explores the theoretical and empirical perspectives on individual and industrial demand, supply, public policies including (de)regulation and management, in the energy sectors (oil, natural gas and electricity).Content
- Market equilibrium and market failure
- Economic characteristics of energy, sustainability
- Regulation in the energy sectors
- Geopolitical and environmental aspects
- Market structure and management in the energy sectors
- Innovation opportunities & incentives
Remark: the course will be taught the first 7 weeks of the semester
Keywords
Energy - Energy economics - Energy regulation - Energy innovation - Energy management
Learning Outcomes
By the end of the course, the student must be able to:- Explain the main economic and political forces behind energy demand and supply as well as the rationales for economic policy in the energy sectors
- Use economic tools and principles to analyze energy issues
- Formulate energy policy instruments
Transversal skills
- Communicate effectively with professionals from other disciplines.
- Use a work methodology appropriate to the task.
- Demonstrate the capacity for critical thinking
Teaching methods
- Lectures by the course instructor
- Seminars by experts from the energy sectors
- Projects by participating students
Expected student activities
- Attendance at lectures
- Doing a short project in groups
Assessment methods
- Projects carried out during the course : 40%
- Written test : 60%
Supervision
Office hours | No |
Assistants | Yes |
Forum | No |
Others | Contact by email: christian.jaag@epfl.ch |
Resources
Virtual desktop infrastructure (VDI)
No
Bibliography
Relevant journals:
- Energy policy : http://www.journals.elsevier.com/energy-policy
- Journal of Regulatory Economics: http://www.springer.com/economics-industrial+organization/journal/11149
- Review of Network Economics: http://www.degruyter.com/view/j/rne
- Competition and Regulation in Network Industries: http://www.crninet.com
- NBER Papers in Environmental and Energy Economics: http://www.nber.org/papersbyprog/EEE.html
Relevant links:
- Swiss Federal Office of Energy: http://www.bfe.admin.ch/index.html?lang=en
- Energy Strategy for Europe: http://ec.europa.eu/energy/index_en.htm
- International Energy Agency: http://www.iea.org/aboutus/
- World Energy Council: http://www.worldenergy.org/
Ressources en bibliothèque
In the programs
- SemesterSpring
- Exam formDuring the semester
- Credits
2 - Subject examined
Economics of innovation & management in energy - Lecture
2 Hour(s) per week x 14 weeks
- Semester
- SemesterSpring
- Exam formDuring the semester
- Credits
2 - Subject examined
Economics of innovation & management in energy - Lecture
2 Hour(s) per week x 14 weeks
- Semester
- SemesterSpring
- Exam formDuring the semester
- Credits
2 - Subject examined
Economics of innovation & management in energy - Lecture
2 Hour(s) per week x 14 weeks
- Semester
Reference week
Mo | Tu | We | Th | Fr | |
---|---|---|---|---|---|
8-9 | |||||
9-10 | ELA2 | ||||
10-11 | |||||
11-12 | |||||
12-13 | |||||
13-14 | |||||
14-15 | |||||
15-16 | |||||
16-17 | |||||
17-18 | |||||
18-19 | |||||
19-20 | |||||
20-21 | |||||
21-22 |
Lecture
Exercise, TP
Project, other
legend
- Autumn semester
- Winter sessions
- Spring semester
- Summer sessions
- Lecture in French
- Lecture in English
- Lecture in German