Course Schedule and Catalog
Course Catalog - 2022-2023
ECON 621 - ELECTRICITY INDUSTRY ECONOMICS
Long Title: THE ECONOMICS OF THE ELECTRICITY INDUSTRY
Department: Economics
Grade Mode: Standard Letter
Language of Instruction: Taught in English
Course Type: Lecture
Credit Hours: 4
Restrictions:
Must be enrolled in one of the following Level(s):
Graduate
Must be enrolled in one of the following Degree(s):
Master of Energy Economics
Description: Discusses the determinants of the cost of electricity, the effects of organizing the industry in different ways, the need to encourage sufficient investment in reserve capacity, and the use of information technology to allow for new ways of pricing electricity, operating the network and coordinating supply and demand. Students will learn to analyze the behavior of power markets, the effect of different policies, and draw empirical solutions to the real-world issues.