EE 477: Energy Economics

3 (3-0-6)

Prerequisites: EE311

Factors influencing energy resource production, processing, transportation and demand. The importance of energy to the economy. The impact of energy on the environment. Substituting among various types of energy. The energy market structure and prices of different types of energy, along with problems in global oil pricing and the role of OPEC. Governmental policy on the provision, production and use of energy, including price regulation and provision, production, and efficient use. The use of alternative energy to replace fossil fuel. International cooperation and agreement on different issues. Each topic will be studied focusing on Thai cases to improve understanding of energy issues in this country.