Resource and Energy Economics I

This module examines economics of natural resource use and energy economics. The materials covered include basic concepts of renewable and non-renewable resources and energy, dynamics of resource use, optimal use of renewable resources, optimal depletion of exhaustible resources, intergenerational equity in resource use, profiles of energy resources and technology, demand for and supply of energy, energy and growth, economics of climate change, and issues relating to sustainability. Through this module, students could acquire interdisciplinary nature of resource and energy use.

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