ECON42270

Learning Outcomes:

- Demonstrate a comprehensive understanding of the key issues in energy economics and policy.
- Understand and be able to apply key economic methodologies to analyse energy policies and issues.
- Recognise key challenges from energy markets, energy systems and technologies.
- Understand results from academic papers, reports and wide variety of literature on energy and use them in the analysis of empirical energy economic and policy problems.
- Identify the types of data and analysis needed to analyse challenges presented in the energy agenda.
- Write papers and reports to a high standard and quality on the current and future issues relating to global energy policy.

Indicative Module Content:

1. Introduction to energy economics
2. Economics of energy demand
3. Economics of energy supply
4. Electricity markets
5. International energy and climate change policy

Student Effort Hours:

Approaches to Teaching and Learning:

The teaching of each topic follows a common approach: it begins with an overview of the issue, presents the economic theory, shows the empirical application and discusses policy options. Readings are set for each class for discussion and emphasis given to the application of economic theory to real-world energy applications. Students have the opportunity to develop their knowledge of the material through the use of interactive activities such as class exercises, a research paper, and the preparation of a group presentation and report. Finally, the course includes guest lectures from senior industry, policymakers and stakeholders, who bring their expertise in the energy policy and energy research arena in Ireland.

Artifical intelligence (AI) may be used in this module in the following ways:
- To generate ideas and organise the structure of the essays.
- To start a literature review and find relevant papers.
- To understand main concepts/theories and find definitions.
- To correct grammar and improve the writing style of your own work.
- To assist with reference formatting.
Students are required to explicitly state whether AI was used in the assignment and in what ways. Also, you are required to provide a reference for the software used, and what prompts (if any) where used. It is not acceptable to copy and paste entire AI-generated answers, as this is considered to be plagiarism.

Requirements, Exclusions and Recommendations

Not applicable to this module.

Module Requisites and Incompatibles

Incompatibles:
ECON42360 - Energy Economics and Policy


 

Assessment Strategy

 

Please see Student Jargon Buster for more information about remediation types and timing. 

Feedback Strategy/Strategies

• Feedback individually to students, on an activity or draft prior to summative assessment
• Feedback individually to students, post-assessment
• Group/class feedback, post-assessment
• Peer review activities

How will my Feedback be Delivered?

Feedback is given to students on their group presentation and report and individually on their presentation and their term paper. Students also peer review each other's presentations.

Timetabling information is displayed only for guidance purposes, relates to the current Academic Year only and is subject to change.