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Massachusetts Institute of Technology

Energy Decisions, Markets, and Policies (Spring 2012)

Massachusetts Institute of Technology via MIT OpenCourseWare

Overview

Course Features
  • Video lectures
  • Lecture notes
  • Assignments: written (no examples)
Educator Features
  • Instructor insights
Course Description

This course examines the choices and constraints regarding sources and uses of energy by households, firms, and governments through a number of frameworks to describe and explain behavior at various levels of aggregation. Examples include a wide range of countries, scope, settings, and analytical approaches.

This course is one of many OCW Energy Courses, and it is a core subject in MIT's undergraduate Energy Studies Minor. This Institute-wide program complements the deep expertise obtained in any major with a broad understanding of the interlinked realms of science, technology, and social sciences as they relate to energy and associated environmental challenges.

Syllabus

1. This Course and The U.S. Energy System.
2. Comparative Energy Systems.
3. U.S. Energy Problems.
4. The Market and The State.
5. Path Dependence in Energy Systems.
6. Climate Science and Policy.
8. Economics of Energy Demand.
9. Energy Use by Individuals and Households.
10. Normative Frameworks for Business Decisions.
11. Business Decisions in Reality: CHP at Hexion.
12. Organizational Decision-Making: Biodiesel at MIT.
13. Developing Profitable Strategies.
14. Innovation and Energy Business Models.
15. Non-Renewable Energy Resources.
16. Shale: Opportunities & Challenges.
17. (Yesterday's &) Today's Electric Power System.
18. Tomorrow's Electric Power System.
19. Making Public Policy.
20. Social Movements.
21. U.S. Environment Policy.
22. Economic Development & Green Growth.

Taught by

Prof. Richard Schmalensee

Reviews

5.0 rating, based on 2 Class Central reviews

Start your review of Energy Decisions, Markets, and Policies (Spring 2012)

  • Profile image for Benjamin Kusi Asibuo
    Benjamin Kusi Asibuo
    Title: A Deep Dive into Energy Decisions, Markets, and Policies at MIT (Spring 2012) Rating: ★★★★★ (5/5) Review: As a student who had the privilege of attending the Energy Decisions, Markets, and Policies course at the Massachusetts Institute of…
  • Profile image for Swathi Arunkumar
    Swathi Arunkumar
    I have learn more in this course and free of cost is useful for many poor student, and online course is also time save for all

    And easy to understand, your slang is fantastic to hear,

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