Energy Economics - 2016

To enrol in this unit, you must be accepted into a course from the provider. Read before you start

Unit summary

EENV593

  • Level of Study: Postgraduate
  • Study load: 0.125 EFTSL
  • Delivery method: Fully Online
  • Prerequisites: No
  • Duration: 13 weeks
  • Government loans available: FEE-HELP
  • Availability for 2016: SP1 , SP3
  • Availability for 2017: SP1 , SP3
  • Assessment: Essay (50%) , Invigilated Exam (50%)

Unit provided by

or
2016 Fees
AUD$
Domestic 2,430.00
International 2,680.00

This unit covers the economic theory relevant to the energy sector, including discounted cash flow analysis, levelised cost, cost-benefit analysis and the internalising of externalities. Other major topics are 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.

At the completion of this unit students will be able to:

  1. describe elements of economic theory that are relevant to the energy supply sector
  2. explain key government economic practices
  3. explain the economics of the energy supply sector.
  • Essay (50%)
  • Invigilated Exam (50%)
For more information on invigilated exams see Exams and results

There are no prerequisites for this unit.

  • Broadband access

In order to enrol in this unit, you must be accepted into one of the following courses:

Please visit the course details page and read the Requirements tab for more information about eligibility.

This unit addresses the following topics.

NumberTopic
1Basic concepts
2Structure of energy supply systems
3Open access
4Energy markets
5DCF analysis
6Cost-benefit analysis
7Dealing with risk
8Taxation in the energy sector
9Economics of nuclear power
10Economics of renewable energy
11Resource economics

This unit is delivered using the following methods and materials:

Instructional Methods

  • Discussion Forum/Discussion Board
  • Embedded Multimedia
  • Online assignment submission
  • Standard Media
  • Web links

Online materials

  • Audio/Video - Streaming
  • Online Assessment
  • Printable format materials
  • Resources and Links

This unit is a core requirement in the following courses:

This unit may be eligible for credit towards other courses:

  1. Many undergraduate courses on offer through OUA include 'open elective' where any OUA unit can be credited to the course. You need to check the Award Requirements on the course page for the number of allowed open electives and any level limitations.
  2. In other cases, the content of this unit might be relevant to a course on offer through OUA or elsewhere. In order to receive credit for this unit in the course you will need to supply the provider institution with a copy of the Unit Profile in the approved format, which you can download here. Note that the Unit Profile is set at the start of the year, and if textbooks change this may not match the Co-Op textbook list.
This unit does not have a prescribed textbook(s).

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