The course examines the role of energy in the economy, economic methods of assessing and modelling energy, the economics of various sources of energy, electricity markets, and other key topics in energy economics. Fossil fuel, renewable, and nuclear energy sources will each be studied, as will energy efficiency, security, and sustainability. The course will examine key challenges and opportunities in the energy sector in Australia and overseas.
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
- Demonstrate an advanced understanding of energy markets and the role of energy in the economy.
- Identify and apply methods to assess energy projects and technologies.
- Examine the economics of energy production and consumption.
- Display proficiency in assessing and evaluating policies in the energy sector.
- Evaluate and communicate research in energy economics.
Indicative Assessment
- Blog post and comments (800 words) (10) [LO 1,2,3,4]
- Policy brief and reflection (1,800 words) (30) [LO 1,2,3,4,5]
- Group presentation (10 minutes) (15) [LO 1,2,3,4,5]
- Final exam (45) [LO 1,2,3,4]
The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.
Workload
The standard workload is 130 hours including class time and independent study.
Prescribed Texts
Zweifel, P, Praktiknjo, A & Erdmann, G 2017, Energy Economics: Theory and Applications, Springer.
Preliminary Reading
Supplementary reading: Schwarz, PM 2022, Energy Economics, 2nd edn, Routledge.
A list of suggested readings for each topic will also be provided.
Assumed Knowledge
Understanding of introductory microeconomics concepts and skills in algebra and calculus are assumed.
Fees
Tuition fees are for the academic year indicated at the top of the page.
Commonwealth Support (CSP) Students
If you have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). More information about your student contribution amount for each course at Fees.
- Student Contribution Band:
- 34
- Unit value:
- 6 units
If you are a domestic graduate coursework student with a Domestic Tuition Fee (DTF) place or international student you will be required to pay course tuition fees (see below). Course tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.
Where there is a unit range displayed for this course, not all unit options below may be available.
| Units | EFTSL |
|---|---|
| 6.00 | 0.12500 |
Offerings, Dates and Class Summary Links
ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.