11.161J Energy Decisions, Markets, and Policies


Class Info

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.

This class has 14.01, and 15.016 as prerequisites.

11.161J will be offered this semester (Fall 2017). It is instructed by D. Lessard, R. Schmalensee, S. Silbey and C. Warshaw.

This class counts for a total of 12 credits. This class counts as a HASS S.

In the Fall 2013 Subject Evaluations, 11.161J was rated 5.0 out of 7.0. You can find more information on MIT OpenCourseWare at the Energy Decisions, Markets, and Policies site.

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Tags
institute-wide energy interlinked

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