Energy Economics and the Environment
4.3 (164 ratings)
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Energy Economics and the Environment

Environmental issues require trade-offs, primarily in how we use energy. A former White House economist offers answers.
4.3 (164 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
11,253 students enrolled
Created by Ben Ho
Published 1/2012
English
Price: Free
Includes:
  • 4 hours on-demand video
  • 1 Article
  • 9 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
Description

A Faculty Project Course - Best Professors Teaching the World

Energy use and its impact on the environment will be two of the most important issues of the 21st century. The large role of energy in geo-political relationships combined with the fact that most of the greenhouse gas emissions associated with global climate change come from energy production means the energy sector is poised for dramatic change, and thus great opportunity. This course is designed to be a primer for potential entrepreneurs, investors, managers and policy makers on energy and environmental issues.

Topics will include environmental economics, energy economics, environmental ethics, oil sector, the electricity sector, alternative energy, sustainability, climate change and climate policy.

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Curriculum For This Course
20 Lectures
06:26:57
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Welcome to the Economics of Energy and the Environment
1 Lecture 01:32

Brief introduction to the problem, the lecturer, the course, and our objectives: Understanding Energy and Environmental Issues through the lens of Economic Science.

Welcome to the Economics of Energy and the Environment
01:32
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Introduction
2 Lectures 09:02

An Introduction to the Economics of Energy and the Environment, introducing myself, the themes of the course, and outlining the plan for the remainder of the course.

Economics of Energy and the Environment: Introductions
09:02

PDF version of Lecture Slides

Lecture Slides
13 pages
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Thinking Like an Economist: Cost Benefit Analysis
2 Lectures 16:37

Cost Benefit Analysis is the heart of Economics. It is not without its controversies especially as applied to the environment. This lecture will try to address them, and try to convince you that Cost Benefit Analysis is a reasonable backbone for both Supply and Demand, all of economics, and the rest of the course.

The video mentioned for next weeks lecture is below:

http://www.youtube.com/watch?v=iPqdRqacpFk

Thinking Like an Economist : Cost Benefit Analysis
16:37

Lecture Slides
11 pages
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Measuring Costs and Benefits
2 Lectures 34:20

In this lecture, we discuss some difficulties in measuring environmental costs and benefits (for example the value of tropical rain forests or the lives of polar bears), and the tools and techniques economists use to overcome them. Amongst them, we consider the tricky isues of valuing human life, of valuing risk, and of valuing time. 

Measuring Costs and Benefits
34:20

PDF version of Lecture Slides

Lecture Slides
17 pages
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Supply and Demand
2 Lectures 26:05

In this lecture, I cover the basics of supply and demand and use them to puzzle through a number of applications including: is buying from Ikea an ethical choice, is the world running out of oil, and should we drill in the Arctic National Wildlife Refuge (ANWR). This lecture and the next are slightly more on the graph-y side, we will return to more practical discussions on climate chnage starting in two lectures, so feel free to skip ahead if you would like.

Supply and Demand
26:05

PDF version of Lecture Slides

Lecture Slides
10 pages
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Externalities
2 Lectures 38:46

The economics of the proto-typical market failure--externalities--such as pollution or innovation, and how government should best respond.

Externalities - A story of market failure
38:46

PDFs for the Externalities Lecture

Lecture Slides
16 pages
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Climate Science
2 Lectures 21:06

The first of a multi-part lecture that applies the ideas developed to addressing one of the most important issues of the 21st century: climate change.

Climate Change - Science
21:06

Slides for Lecture on Climate - Science

Lecture Slides
13 pages
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Climate Change - Economic Consequences
2 Lectures 30:18

Discusses the economic consequences of climate change and examines the framework for how climate policies should best be examined.

Climate Change - Economic Consequences
30:18

PDF Lecture Notes for Climate Change - Economic Consequences 

Lecture Slides
17 pages
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Climate Change - Economic Policy Analysis
2 Lectures 32:28

A brief overview of how economists analyze climate policy.

Climate Change - Economic Policy Analysis
32:28

Slides on the Economic Analysis of Climate Policy

Lecture Slides
18 pages
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Climate Change - Solutions - And Course Wrap Up
3 Lectures 33:04

Exploring the technoloigies that will make up the energy and climate future.

Climate Change - Solutions - And Course Wrap Up
32:21

Slides for the Climate Change - Solutions Lecture

Lecture Slides
28 pages

Thanks very much for bearing with me, with my first attempt at online teaching. It's been a great learning experience for me as well. If you found the course useful, please leave Reviews and Feedback and Comments. The course is a living thing and I will be updating as I can to make it better so any…
Final Course Thoughts
00:43
About the Instructor
Ben Ho
4.3 Average rating
164 Reviews
11,253 Students
1 Course
Assistant Professor of Economics - Vassar College

Ben Ho is a behavioral economist at Vassar College and fellow at the Institute for Social Sciences at Cornell. His research uses economic tools like game theory and experiments to understand social systems such as apologies, identity, and climate concerns. Previously, Ho was an assistant professor of economics at Cornell University’s Johnson School of Management, as well as lead energy economist at the White House Council of Economic Advisers, and has worked and consulted for Morgan Stanley and several tech startups. Ho holds degrees in economics, mathematics, computer science, electrical engineering, political science and education from Stanford and MIT.