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 15 - Non-Renewable Energy Resources |
This lecture focuses on the state of non-renewable energy on the global market. Classic hotelling theory is covered in the beginning, and then oil, coal, and natural gas markets are analyzed over the across geographies and time.
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