ENERGY ECONOMICS AND TECHNOLOGY - 2017/8

Module code: ECOM026

Module provider

Economics

Module Leader

CHITNIS M Dr (Economics)

Number of Credits

15

ECT Credits

7.5

Framework

FHEQ Level 7

JACs code

L110

Module cap (Maximum number of students)

N/A

Module Availability

Semester 1

Overall student workload

Independent Study Hours: 130

Lecture Hours: 20

Assessment pattern

Assessment type Unit of assessment Weighting
Coursework COURSEWORK- INDIVIDUAL TAKE HOME ASSIGNMENT EQUIVALENT TO APPROXIMATELY 1,800 WORDS 30%
Examination 2 HOUR EXAM 70%

Alternative Assessment

Not applicable.

Prerequisites / Co-requisites

Undergraduate degree in economics or suitable alternative

Module overview

To introduce the fundamentals of energy economics and technology for all students, being the core first module for the MSc Energy Economics & Policy degree.

Module aims

ensure all students have been exposed to the basic core components of energy economics and technology.

Learning outcomes

Attributes Developed
Have knowledge of the UK and world energy situation K
Have an understanding of the technologies underpinning the energy industry K
Have an understanding of the economic fundamentals underpinning most energy types KC
Be introduced to the important theoretical work that underpin the study of energy economics and natural resources C
Appreciate the important energy policy issues KPT

Attributes Developed

C - Cognitive/analytical

K - Subject knowledge

T - Transferable skills

P - Professional/Practical skills

Module content

Indicative content includes:


Energy balances and statistics
Energy technology
Economic appraisal of the projects
Introduction to the economics of Natural Resources
Introduction to the economics of different energy types (Coal, Oil, Gas, Electricity, etc.)
Introduction to the economics of energy,natural resources and the environment
Introduction to important energy and environment policies

Methods of Teaching / Learning

The learning and teaching strategy is designed to ensure that all students are exposed exposed to the basic core components of energy economics and technology.

The learning and teaching methods include:


2 hour lectures (with some class discussion) x 10 weeks

Assessment Strategy

The assessment strategy is designed to provide students with the opportunity to demonstrate that they have at least a basic understanding of the energy system in terms of the accounting, economics and technology as well as a broad grasp of the basic core components of energy economics and technology.

Thus, the summative assessment for this module consists of:

Individual take home assignment requiring each student to download data from the IEA databank for a specific OECD country and to manipulate, tabulate, produce graphs for statistical analysis and comment on energy policies (equivalent to approximately 1,800 words), typically:


submitted in weeks 8
an examination of two hours in weeks 13-14.


Formative assessment and feedback is provided by detailed written comments on the submitted assignment

Reading list

Reading list for ENERGY ECONOMICS AND TECHNOLOGY : http://aspire.surrey.ac.uk/modules/ecom026

Please note that the information detailed within this record is accurate at the time of publishing and may be subject to change. This record contains information for the most up to date version of the programme / module for the 2017/8 academic year.