This course is available for on-campus & remote (online) learning. All students participate in interactive, real-time classes.
The course examines the role of energy in the economy, the methods used to assess and model energy projects and policies, the economics of major energy sources, and the operation of electricity and other energy markets. It also covers energy efficiency, security, sustainability, and resource revenues. Using Australian and international cases, students apply economic analysis to current changes in energy systems and the policy choices and trade-offs they create.
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
- Demonstrate an advanced understanding of energy markets and the role of energy in the economy.
- Identify and apply methods to assess energy projects and technologies.
- Analyse changes in energy systems and their economic and distributional implications.
- Diagnose energy policy problems and assess suitable policy instruments.
- Evaluate and communicate research in energy economics.
Indicative Assessment
- Blog post and peer comments (800 words) (10) [LO 1,2,3,4,5]
- Policy brief and reflection (1,800 words) (30) [LO 1,2,3,4,5]
- Group presentation (10 minutes) (15) [LO 1,4,5]
- Final exam (45) [LO 1,2,3,4]
The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.
Workload
The standard workload is 130 hours including class time and independent study.
Inherent Requirements
N/A
Prescribed Texts
Zweifel, P, Praktiknjo, A & Erdmann, G 2017, Energy Economics: Theory and Applications, Springer.
Preliminary Reading
Supplementary reading: Schwarz, PM 2022, Energy Economics, 2nd edn, Routledge.
A list of suggested readings for each topic will also be provided.
Assumed Knowledge
Understanding of introductory microeconomics concepts and skills in algebra and calculus are assumed.
Fees
Tuition fees are for the academic year indicated at the top of the page.
Commonwealth Support (CSP) Students
If you have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). More information about your student contribution amount for each course at Fees.
- Student Contribution Band:
- 34
- Unit value:
- 6 units
If you are a domestic graduate coursework student with a Domestic Tuition Fee (DTF) place or international student you will be required to pay course tuition fees (see below). Course tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.
Where there is a unit range displayed for this course, not all unit options below may be available.
| Units | EFTSL |
|---|---|
| 6.00 | 0.12500 |
Course fees
- Domestic fee paying students
| Year | Fee |
|---|---|
| 2027 | $5640 |
- International fee paying students
| Year | Fee |
|---|---|
| 2027 | $7200 |
Offerings, Dates and Class Summary Links
ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.
First Semester
| Class number | Class start date | Last day to enrol | Census date | Class end date | Mode Of Delivery | Class Summary |
|---|---|---|---|---|---|---|
| On Campus | ||||||
| 5382 | 22 Feb 2027 | 01 Mar 2027 | 31 Mar 2027 | 28 May 2027 | In Person | N/A |
| Online | ||||||
| 5383 | 22 Feb 2027 | 01 Mar 2027 | 31 Mar 2027 | 28 May 2027 | Online | N/A |