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Course Information

Title

Energy Economics, Environment, and Policy

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

  • 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

  • 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

  • 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

  • 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

Lecturer

Farhad Taghizadeh-Hesary, Professor, Tokai University, Japan

Assigned Reading