Course Information

Title

Energy Economics, Environment, and Policy

Duration

1 hour 10 minutes

About the Course

This course examines current fossil fuel and renewable energy sector challenges and policy imperatives at local, national, and global levels. It is divided into 4 units:

Unit 1: Energy Pricing (18 minutes)

• Determinants of energy supply and demand
• Key monetary policies affecting energy prices
• Trends in the global energy sector

Unit 2: Macroeconomic Impact of Energy Price Fluctuations (14 minutes)

• Energy demand in Japan, the People’s Republic of China, and the United States
• Relationship between energy prices and economic growth
• Association of energy prices and general price levels
• Impact of higher energy prices on supply and demand

Unit 3: Achieving Energy Security (13 minutes)

• Definition of energy security
• “4-A” framework of energy security
• Case study: Assessing energy security in Central Asian countries
• Related policy implications

Unit 4: Financing Renewable Energy Projects (24 minutes)

• Challenges for low-carbon project development
• Enabling conditions of green finance
• Case study: Waste-to-energy project leverage, transparency, and results
• Conclusions and policy recommendations

Learning Objectives

• Explores key energy economics issues, including pricing mechanisms, macroeconomic impacts of energy price shocks, the importance of energy carriers in developing and developed economies, and energy security.
• Analyzes policy options for addressing renewable energy development, environmental sustainability, and green growth.

How to Complete this Course

• Watch four short video lessons
• Review open access learning materials
• Submit an evaluation form
• Certificate issued upon completion of course requirements