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BUSI 3998U – Energy Economics

This course provides a comprehensive examination of energy demand and supply from the perspective of the economic theory of natural resources. It explores both non-renewable resources—such as oil, natural gas, coal and nuclear—and renewable resources, including wind, solar, biomass and hydroelectric and geothermal. Emphasis is placed on understanding how economic principles can be applied to analyze resource allocation, market behavior, and policy design within the energy sector. Students will critically assess the operation of energy markets, the challenges of resource depletion, the role of government regulation, and the implications of energy use for the environment and climate. The course integrates theoretical analysis with real-world policy issues and contemporary energy debates.
Credit hours: 3
Lecture hours: 3
Prerequisite(s): ECON 2010U  
Experiential learning: Yes

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