Advanced Energy Economics


Advanced Energy Economics (Madlener, V2/Ü2, SS, economics competency, in English)

The increasing energy demand and the finite supply of fossil fuels will inevitably lead to the collapse of the fossil fuel economy, upon which our modern world is built. At the same time, unrestricted energy use, whether based on fossil or on renewable energy sources, is a significant contributor to increasing levels of CO2 and other pollutants. Although research activities and investments in alternative sources of energy are growing rapidly, it remains doubtful as to whether in the near future a transition to an economic system that is based on renewable energy will be feasible. Given these challenges, a deep and critical understanding of modern energy economics and how they impact our national and global economies is becoming increasingly important. This course addresses selected current topics in energy economics and has been designed in order to facilitate the development of that understanding at an advanced level.