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Teaching Material

Energy Economics Course

Target GroupBachelor, MasterResource TypeFull CourseDomainResourcesDuration> 4hAuthorProf. Paul Joskow
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Summary

  • This course examines both theoretical and practical aspects of energy markets, covering supply, demand, and policy at individual and industrial levels. It focuses on major energy sectors (oil, gas, electricity, nuclear) and analyzes key regulatory approaches including taxation, price controls, deregulation, efficiency mandates, and emissions policies.

Relevant SDGs

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How to use

  • It belongs to the MIT OpenCourseWare (OCW), a free, publicly accessible, openly-licensed digital collection of high-quality teaching and learning materials, presented in an easily accessible format. Browse through, download and use materials from more than 2,500 MIT on-campus courses and supplemental resources, all available under a Creative Commons license for open sharing.
  • Faculty can utilize these materials as comprehensive course foundations or supplementary resources across MIT’s entire curriculum. Suitable for both structured classroom integration and self-directed learning. Materials can be used before class for preparation, during lectures as primary teaching content, or after class for reinforcement. Faculty can directly adopt materials as-is or modify them to fit specific course needs. No registration or special access required – simply browse and download relevant content.

 

Teaching format tip

Full Course

Coordinate sequencing with other curricular elements to avoid overlap and ensure progression. Students should engage with comprehensive learning objectives through varied assessment methods. Monitor workload distribution and provide academic support resources. Design integration opportunities that connect course content to broader academic programs and professional development goals.

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  • Resources
    Subject area
    • General KnowledgeThis section provides general frameworks and concepts related to sustainability that can be used in any discipline and across industries.
    • Specific KnowledgeThis section provides sustainability related content that would enable students following a business or management degree or course to be better equipped to face sustainability related challenges.
      • Economics
      • Management
      • Finance, banking, insurance
      • Marketing and advertising
    Competence area
    • Problem-solving
    • Critical thinking
    • Self-awareness
    • Collaboration
    • Normative awareness
    • Anticipatory thinking
    • Systems thinking
    • Strategy
    Learning approach
    • Cognitive learning
    • Socio-emotional learning
    • Behavioural learning
    • Subject area
      • General KnowledgeGeneral knowledge represents foundational understanding across multiple disciplines needed for sustainable development. It creates an integrated mindset that connects basic and advanced topics across various knowledge domains.
      • Economics
      • Management
      • Finance, banking, insurance
      • Marketing and advertising
    • Skill area
      • Problem-solving
      • Critical thinking
      • Self-awareness
      • Collaboration
      • Normative awareness
      • Anticipatory thinking
      • Systems thinking
      • Strategy
    • Learning approach
      • Cognitive learning
      • Socio-emotional learning
      • Behavioural learning
  • Communities
  • Education for sustainability
  • About us
  • Resources
    Subject area
    • General KnowledgeThis section provides general frameworks and concepts related to sustainability that can be used in any discipline and across industries.
    • Specific KnowledgeThis section provides sustainability related content that would enable students following a business or management degree or course to be better equipped to face sustainability related challenges.
      • Economics
      • Management
      • Finance, banking, insurance
      • Marketing and advertising
    Competence area
    • Problem-solving
    • Critical thinking
    • Self-awareness
    • Collaboration
    • Normative awareness
    • Anticipatory thinking
    • Systems thinking
    • Strategy
    Learning approach
    • Cognitive learning
    • Socio-emotional learning
    • Behavioural learning
    • Subject area
      • General KnowledgeGeneral knowledge represents foundational understanding across multiple disciplines needed for sustainable development. It creates an integrated mindset that connects basic and advanced topics across various knowledge domains.
      • Economics
      • Management
      • Finance, banking, insurance
      • Marketing and advertising
    • Skill area
      • Problem-solving
      • Critical thinking
      • Self-awareness
      • Collaboration
      • Normative awareness
      • Anticipatory thinking
      • Systems thinking
      • Strategy
    • Learning approach
      • Cognitive learning
      • Socio-emotional learning
      • Behavioural learning
  • Communities
  • Education for sustainability
  • About us
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