Energy & Environmental Economics (2014.1) Rm 311, Energy Center

One day of my class 

 

Spring of year 2014 To contact T.A., call 219-2698 during weekdays email: minhobaek83@gmail.com	My Office : Institute of Energy Systems and Climate Change, (IECC) Room 212 (219-2689) TA’s Office : Energy Center, Room 202
Classes : Tue. 16:30-19:15

•  References

1.  Environmental and Natural Resource Economics, Tietenberg, Addison-Wesley
2.  Other Related Materials

• Reading materials: 

The Philosophy of Economics-An Anthology, edited by Daniel M. Hausman, Cambridge

1.  The Scope and Method of Political Economy, John Neville Keynes, Excerpted from The Scope and Method of Political Economy, 4th ed., by John Neville Keynes, London: Macmillan, 1917 (Original Textbook)
2.  The Method of Positive Economics, Milton Friedman, from essays in Positve Economics, by Milton Friedman, Chicago: University of Chicago Press, 1953
3. Hall R. Varian, Intermediate Microeconomics, a Modern Approach, 8th Edition

1. Introduction
   1. Course Design (Grading Standards-Mid, Fin, Attn, SP, Qiuz, Q&A-Materials not Printable?, Too much talk on Energy?, etc.)
   2. Scientific Methodology and Economics (Friedman, Keynes)
   3. What are the issues of energy sector in real world?
   4. Common Misunderstanding on Renewable Energy: Which of the region in the world shows the highest use of renewable energy? EU, Asia, USA, …
      1. [한전 42.5조원투자 신재생에너지 11.5GW개발]
      2. [국내 가스시장현황]
   5. Energy and Technology
      • What is the role of technology development? Saul Griffith unveils the invention his new company Makani Power has been working on: giant kite turbines that create surprising amounts of clean, renewable energy.
   6. Assignment 1 :
      1. Who Killed the Electric Car (Quiz)
      2. Smart Grid
   7. Assignment 2 : The Race For The Future Car (Martijn Kieft. VPRO Backlight)
2. Review of Economics
   1. Demand, Supply [1] [2]
   2. Production Function, Marginal Cost and Supply Curve [1] [2]
   3. Market, Equilibrium [1] [2]
   4. Public Good, Common Resources, Externality and Market Failure
   • Is Energy a Public Good?
   • Special Lecture by Dr. Jung
3. Environmental Issues of Climate Change
   1. IPCC WGIII, AR5, Press Conference (April 2014)
   2. Assignment : The Climate Wars 1, 2, 3
   3. Assignment : An Inconvenient Truth
   4. Assignment : The Great Global Warming Swindle
   •  Was Margaret Thatcher the first climate sceptic?
   • How the BBC pretended to be balanced on ‘climate change’. And failed, obviously.
   • The ‘anomalies’ of Dr Rajendra Pachauri’s charity accounts
   • How could you compare ‘An Inconvenient Truth’ and ‘The Great Global Warming Swindle’?  (Quiz)
     • Margaret Thatcher’s view on climate change in a passage headed “Hot Air and Global Warming”, Statecraft,
     • Dr. Pachauri, TERI (The Energy and Resources Institute)
     • Sir Crispin Tickell - Climate Change and World Affairs  [1]
     • Dr. Jim Hansen - Nasa’s Goddard Institute for Space Studies.
     • Dr John Houghton - UK Met Office and Hadley Centre
   • Kyoto Protocol and CDM, JI, ET
   • Post-Kyoto Era and What can be expected?
4. Energy and Economy
   • Energy and Economy (1) - Introduction: Externality, Public Good and Energy Resources
   • Energy and Economy (2) - Resources, Domestic Sector Issues
   • Energy and Economy (3) - One Example of Energy Modeling (CES)
   • Energy and Economy (4) - Power Sector and Smart Grid
     • The Prize
     • The Innovators: The Men Who Built America
5. Selected Issues
   • Selected Issue 1  China’s Energy and Carbon Emissions Outlook to 2050
   • Selected Issue 2  Energy Issues of Underdeveloped Countries
6. Presentation by Students (SP)

** For those who are interested in joining Energy Modeling Lab.

1. Economic Statistics System, Bank of Korea
2. National Statistics Office
3. Power sector: EPSIS,
4. Petroleum Sector: PEDSIS, PETRONET
   
5. Gas Sector: Citygas Ass.
6. New and Renewable Sector: KNREC
7. Others

1. CGE Modelling
   1. GAMS
   2. EMACS and GAMS Mode
   3. The Lazy Economist
   4. PEP Models
   5. MAMS -World Bank
   6. GLOBE and STAGE Model
      1. Prof. Rutherford’s Home
      2. Prof. Balistreri’s Home
2. DOE, US
   1. EIA
   2. NREL
   3. EPA
   4. NETL
3. IEA
4. WEC
5. BP statistical review of world energy 2012
1. Natural Resources Canada
   1. Wikipedia, The Free Encyclodpedia

 

• Mid-Term Examination
  April 22nd (Wed.) 311 Energy Center
  Research Proposal to be submitted.

• Final Examination
  June 17th (Wed.) 311 Energy Center
  Final Report due 21st of June.