This course is to explore the knowledge in the field of energy economics including the evolution, the research target, the links and distinctions between energy economics and other subjects, as well as the processes of energy exploration, mining, transmission, and end-use consumption and the relevant industrial features. It also targets the main-streaming questions related to energy demand, energy supply, energy market, energy efficiency, energy price, environment and climate change from the perspective of economy; a series of methodologies and applications are running through the whole course in combination with the corresponding topics.
After completing this course, a student should be able to:
1. Develop the econometrical models to forecast the energy demand and energy supply, and the decomposition analysis for the energy efficiency by considering the main influential factors.……
2. Analyze the reasons for the change of energy demand, supply, market, price, and trade in the past, and identify the potential change in the future.
3. Design the empirical case study related to China and global energy sector, to understand the procedure of dealing with energy issues.
4. Use software package or do coding to analyze and simulate the research or practical issues related to energy economics.