Course code ECN280

ECN280 Energy Economics

Norsk emneinformasjon

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Showing course contents for the educational year 2016 - 2017 .

Course responsible: Torstein Arne Bye, Knut Einar Rosendahl
ECTS credits: 10
Faculty: School of Economics and Business
Teaching language: NO
(NO=norsk, EN=Engelsk)
Limits of class size:
Teaching exam periods:
This course starts in Spring parallel. This course has teaching/evaluation in Spring parallel.
Course frequency: Annually
First time: Study year 2004-2005
Preferential right:
Course contents:
1) Introductory lecture with an overview over energy markets. 2) Water employment in a hydro-based power system - from simple systems to complicated systems - with main emphasis on theory and the setting of prices through various types of counters in the system. 3) From free competition to market power in energy markets. 4) Taxation of energy markets with focus on problems concerning the basic rent and environmental problems. 5) Green mechanisms in the energy markets. 6) Special problems in connection with gas and gas transport. 7) Special problems in connection with oil markets.
Learning outcome:
To give the students an understanding of central economic problems and insight into theory and analysis methods in connection with trade and production, sale and taxation of various forms of energy in a decentralised and relatively open economy.
Learning activities:
Lectures, independent study, exercises.
Teaching support:
Books and articles.
The syllabus will be handed out at the first lecture.
Intermediate Microeconomics (ECN210 or equivalent).
Recommended prerequisites:
Mandatory activity:
Written examination, 3,5 hours (100%).
Nominal workload:
300 hours
Entrance requirements:
Minimum requirements for entrance to higher education in Norway (generell studiekompetanse).
Reduction of credits:
Type of course:
Lectures, guidance on set days, 4 hours per week.
External examiner will control the quality of syllabus, questions for the final examination, and principles for the assessment of the examination answers.
Allowed examination aids: No calculator, no other aids
Examination details: One written exam: A - E / Ikke bestått