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Energy Economics And Policy

Prof. Shyamasree Dasgupta · IIT Mandi

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About

Similar to many other branches of applied economics, energy economics emerged with therealization that “energy” is a scarce resource. This course covers the economic principles that guide energy related behavior of both the producers and the consumers of energy and the policy regime that has emerged to govern it. The course has four building blocks: understanding energy as a scarce resource, various aspects of energy demand and supply with a focus to policies that are in place to promote renewable energy supply and finally, a much needed discussion on interaction between energy, environment and climate change. The course aims at broadening the vision of students while making any energy related decision as a technology developer, energy manager, entrepreneur, policy maker, researcher in future or simply for personal energy use in day to day activities.

Intended audience: Primarily the graduate students working in the area of energy economics and energy policy domain. This course will also be useful for general audience

Prerequisites: Any foundational course in Economics

Lectures

Week 1

  1. Energy as an Economic Resource - Introduction YouTube
  2. Energy as an Economic Resource - Classification of Energy Resource YouTube
  3. Energy as an Economic Resource - Measurement of Energy YouTube
  4. Energy as an Economic Resource - Energy Accounting YouTube
  5. Energy as an Economic Resource - Problem Discussion on Module 1 YouTube

Week 2

  1. Energy Demand – Part I : Basic concepts in Economics YouTube
  2. Energy Demand – Part I : Descriptive Analysis of Energy Demand YouTube
  3. Energy Demand – Part I : Decomposition Analysis and Parametric Approach YouTube

Week 3

  1. Energy Demand - Part II - Demand Side Management YouTube
  2. Energy Demand - Part II - Demand Side Management - Energy Efficiency YouTube
  3. Energy Demand - Part II - Load Management YouTube
  4. Energy Demand - Part II - Rebound Effect YouTube

Week 4

  1. Energy Supply - Part 1 - Supply Behaviour of a Producer YouTube
  2. Energy Supply - Part 1 - Energy Investment YouTube
  3. Energy Supply - Part 1 - Economics of Non-renewable Resources YouTube

Week 5

  1. Energy Supply - Part II - Economics of Renewable Energy Supply Setting the context YouTube
  2. Energy Supply - Part II - Economics of Renewable Energy Supply - Part 1 YouTube
  3. Energy Supply - Part II - Economics of Renewable Energy Supply - Part 2 YouTube
  4. Energy Supply - Part II - Economics of Electricity Supply YouTube

Week 6

  1. Energy Market - Prefect Competition as a Market Form YouTube
  2. Energy Market - Why Energy Market is not Perfectly Competitive? YouTube
  3. Energy Market - Market Failure and Monopoly YouTube

Week 7

  1. Energy Market : Oil Market: Pre OPEC Era I YouTube
  2. Energy Market : Oil Market: Pre OPEC Era II YouTube
  3. Energy Market : Oil Market: OPEC YouTube

Week 8

  1. Special Topics on Energy - Energy Security YouTube
  2. Special Topics on Energy - Energy Access YouTube
  3. Special Topics on Energy - Energy, Environment and Climate Change YouTube

Syllabus and materials

At NPTEL, as the course publishes them.

Credits and licence

Institution
IIT Mandi
Department
Humanities and Social Sciences
Teacher
Prof. Shyamasree Dasgupta
Level
Undergraduate
Language
English
Subjects
Society and politics
Source
NPTEL
Licence
CC BY-NC-SA, as NPTEL states it. Non-commercial use only. NPTEL's terms
Attribution
NPTEL states: "Distributed under Creative Commons Attribution-ShareAlike / CC BY - NC - SA", beside a BY-NC-SA badge. Coordinated by IIT Madras.
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