14.43J/15.031J Energy Decisions, Markets, and Policies (Spring 2012, MIT OCW): Lecture 08

14.43J - Energy Decisions, Markets, and Policies

14.43J/15.031J Energy Decisions, Markets, and Policies (Spring 2012, MIT OCW). Instructor: Professor Richard Schmalensee. 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. (from ocw.mit.edu)

Lecture 08 - Economics of Energy Demand

The lecture focuses on how to estimate, calculate, and predict energy demand. Considerations for short-run and long-run demand are taken, and the efficiency paradox is also discussed.

Go to the Course Home or watch other lectures:

Lecture 01 - This Course and The U.S. Energy System

Lecture 02 - Comparative Energy Systems

Lecture 03 - U.S. Energy Problems

Lecture 04 - The Market and The State

Lecture 05 - Path Dependence in Energy Systems

Lecture 06 - Climate Science and Policy

Lecture 07

Lecture 08 - Economics of Energy Demand

Lecture 09 - Energy Use by Individuals and Households

Lecture 10 - Normative Frameworks for Business Decisions

Lecture 11 - Business Decisions in Reality: CHP at Hexion