- Code IDEC8089
- Unit Value 6 units
- Offered by Crawford School of Public Policy
- ANU College ANU College of Asia and the Pacific
- Course subject International and Developmental Economics
- Areas of interest Economics
- Academic career PGRD
- Prof Paul Burke
- Mode of delivery In Person
Second Semester 2023
See Future Offerings
This course is available for on-campus & remote (online) learning. All students participate in interactive, real-time classes.
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.
Upon successful completion, students will have the knowledge and skills to:
- Understand energy markets and the role of energy in the economy.
- Identify and apply a knowledge of methods to assess energy projects, technologies, and policies.
- Examine the economics of energy production and consumption.
- Evaluate and communicate research in energy economics.
- Group tutorial problem set (5) [LO 1,2,3]
- Essay (2,500 words) (30) [LO 1,2,3,4]
- Group presentation (15) [LO 1,2,3,4]
- Contribution to class discussion forum (5) [LO 1,2,3,4]
- Final exam (45) [LO 1,2,3,4]
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The standard workload is 130 hours including class time and independent study.
Zweifel, P, Praktiknjo, A & Erdmann, G 2017, Energy Economics: Theory and Applications, Springer.
Understanding of introductory microeconomics concepts and knowledge of high-school algebra and calculus is assumed.
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:
- 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.
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