15 031J - Energy Decisions, Markets, and Policies

Institution:

Massachusetts Institute of Technology

Subject:

Description:

Structured around choices and constraints regarding sources and uses of energy by households, firms, and governments, introduces managerial, economic, political, social and cultural frameworks for describing and explaining behavior at various levels of aggregation. Includes examples of cost-benefit, organizational and institutional analyses of energy generation, distribution, and consumption. Topics include the role of markets and prices; financial analysis of energy-related investments; institutional path dependence; economic and political determinants of government regulation and the impact of regulation on decisions; and other forms of government action and social norms regarding desired behavior and opportunities for businesses and consumers, including feedback into the political/regulatory system. Examples drawn from a wide range of countries and settings.

Credits:

4.00

Credit Hours:

Prerequisites:

Prereq: 14.01 or permission of instructor

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

web.mit.edu/student/

Phone Number:

(617) 253-1000

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Four-one-four plan

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