THE UNIVERSITY of EDINBURGH

DEGREE REGULATIONS & PROGRAMMES OF STUDY 2022/2023

Timetable information in the Course Catalogue may be subject to change.

University Homepage
DRPS Homepage
DRPS Search
DRPS Contact
DRPS : Course Catalogue : School of Engineering : Postgrad (School of Engineering)

Postgraduate Course: Energy and Environmental Economics (PGEE11001)

Course Outline
SchoolSchool of Engineering CollegeCollege of Science and Engineering
Credit level (Normal year taken)SCQF Level 11 (Postgraduate) AvailabilityAvailable to all students
SCQF Credits10 ECTS Credits5
SummaryThe aim of this course is to provide a theoretical grounding in economics from first principles, exploring the fundamental principles of efficiency in the distribution of resources in society. These principles are then applied in the fields of energy and the environment. No prior knowledge of economics is assumed.
Course description Course Outline:

1. Introduction to economic theories and principles
a. Introduction and definitions
b. Consumer behaviour
c. Firm behaviour
d. Equilibrium
e. Welfare theory

2. Environmental economics
a. Principles of environmental economics
b. Emissions regulation and other instruments
c. Environmental cost-benefit analysis

3. Energy economics
a. World energy markets
b. Electricity markets
c. Investment in and regulation of energy markets

Accreditation of Higher Education Programmes Learning Outcomes: SM2i, SM2b, SM6m, EA1i, D1i, D1, EL2, EL4i, EL4, P4i, G1, EL11m, G1
Entry Requirements (not applicable to Visiting Students)
Pre-requisites Co-requisites
Prohibited Combinations Other requirements None
Information for Visiting Students
Pre-requisitesNone
High Demand Course? Yes
Course Delivery Information
Not being delivered
Learning Outcomes
On completion of this course, the student will be able to:
  1. Understand and apply the main economic theories and concepts underlying environmental and energy economics, including the theories of consumer and producer behaviour, welfare theory, and theories of industry structure.
  2. Understand and reflect on different methods to value environmental goods, and on the use of these valuations in environmental cost-benefit analysis.
  3. Critically discuss previous, existing, and potential future pollution control measures.
  4. Understand and critically evaluate the functioning of different types of energy markets, future challenges to these markets, and their relevance to engineering problems.
  5. Describe and discuss important ethical issues in energy markets and environmental valuation, and their implications for good practice and policy.
Reading List
None
Additional Information
Course URL http://www.see.ed.ac.uk/research/IES/msc/
Graduate Attributes and Skills Not entered
KeywordsNot entered
Contacts
Course organiserDr Harry Van Der Weijde
Tel:
Email:
Course secretaryMr James Foster
Tel: (0131 6)51 3562
Email:
Navigation
Help & Information
Home
Introduction
Glossary
Search DPTs and Courses
Regulations
Regulations
Degree Programmes
Introduction
Browse DPTs
Courses
Introduction
Humanities and Social Science
Science and Engineering
Medicine and Veterinary Medicine
Other Information
Combined Course Timetable
Prospectuses
Important Information