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A A E 371

ENERGY, RESOURCES AND ECONOMICS

3 credits.

Use microeconomic theory to analyze energy markets. Discuss the economics of oil, gas, and electricity and learn about applications to contemporary issues and policy questions.

Prerequisites & course information

Requisites: A A E 101 (215 prior to Fall 2024), ECON 101 , or 111 Course Designation: Core GenEd - Social & Behavioral Science Level - Intermediate L&S Credit - L&S Liberal Arts and Science Repeatable for Credit: No Last Taught: Fall 2024 Learning Outcomes: 1. Use economic tools to describe energy demand Audience: Undergraduate 2. Apply economic models of competition to energy markets Audience: Undergraduate 3. Analyze how policies to mitigate climate change affect energy markets Audience: Undergraduate 4. Analyze the causes of and solutions for the sustainability challenge of climate change Audience: Undergraduate 5. Describe the social, economic, and environmental dimensions of energy policy and identify potential tradeoffs and interrelationships among these dimensions at a level appropriate to the course Audience: Undergraduate Learning Outcomes: 1. Use economic tools to describe energy demand Audience: Undergraduate 2. Apply economic models of competition to energy markets Audience: Undergraduate 3. Analyze how policies to mitigate climate change affect energy markets Audience: Undergraduate 4. Analyze the causes of and solutions for the sustainability challenge of climate change Audience: Undergraduate 5. Describe the social, economic, and environmental dimensions of energy policy and identify potential tradeoffs and interrelationships among these dimensions at a level appropriate to the course Audience: Undergraduate

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