Ausgewählte Themen der Energieökonomik

 

Ausgewählte Themen der Energieökonomik (Madlener, 2SWS, WS)

The role of energy as a central element of value creation and the role of fossil fuels as a driver of climate change pose major challenges to society, politics and business. In this seminar, students will be able to gain an overview of current issues in energy economics. How are households and businesses responding to the changing energy environment? How are people's energy-related needs and behaviors changing? What energy policy instruments exist and how do they help achieve energy and climate policy goals? In this seminar, economic theories and methods for analyzing the upheavals caused by the energy transition are considered. This will provide students with a practical insight into economic research and analysis methods and modern energy economics research. The seminar will be held in the form of a block seminar at the "Söllerhaus" of RWTH Aachen University in Hirschegg in Kleinwalsertal (A). Outside the seminar times, there is the possibility of various winter sports activities in the immediate vicinity. The seminar schedule will take into account this opportunity for sporting compensation.

Learning objectives

- The student should learn and apply important theoretical methods and concepts for the economic analysis of the behavior of firms, households and legislators via relevant, primarily scientific literature.
- The student will learn to inform him/herself about a new field using relevant literature and to communicate what he/she has learned to others.
- The student should develop the ability to connect to different disciplines (esp. business administration, applied microeconomics) - here applied to questions of energy economics - and develop the skills of free speech and interdisciplinary discussion through the presentation and discussion in the seminar.

Prerequisites

Content: Students must be familiar with the basic principles of microeconomics.

Examination performance

Written term paper (70%, graded) The term paper consists of a written term paper (60% of the total grade) and a written handout (10% of the total grade), which is handed in at the same time, presentation (20%, graded), colloquium (10%, graded).