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PEC393: Energy Economics
Covers the economic theory relevant to the energy sector, including discounted cash flow analysis, levelised cost, benefit-cost analysis and the internalising of externalities. Another major topic will be price determination and risk management. Attention is given to open access to energy facilities, the taxation of the energy sector, and the role of public utilities and government industry regulators. The unit emphasises that the role of the market should always be considered within the broader ecological and social context.
| Points | 4 |
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| Enrolment Options | Murdoch: H-external, S1-internal, S1-external |
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| Contact Time | Lectures/tutorials: 2 hours per week.
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| Prerequisites | There are no formal prerequisites for this unit.
Some knowledge of basic economics (BUS261 Microeconomics A) is advantageous.
Co-requisite: Internet access if studying externally.
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| Notes | PgCert in Energy Studies, PgDip Energy Studies and MSc (Renewable Energy) students should enrol in the higher-level code for this unit.
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| School | School of Engineering and Energy |
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The information displayed is derived from a variety of sources and is relevant to the 2010 enrolment year.
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Key to Offshore Campus Location abbreviations:
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APMISIN | Asia Pacific Management Institute (Singapore) |
CEJTOKYO | Chiropractic Education Japan (Tokyo) |
JKURASHIKI | NET Corporation (Kurashiki, Japan) |
KDUPG | KDU College (Penang, Malaysia) |
KDUPJ | KDU College (Petaling Jaya, Malaysia) |
SGP-REPOLY | Republic Polytechnic (Singapore) |
SMANUFED | Singapore Manufacturing Federation |
ZHENGZHOU | Zhengzhou University (China) |
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