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  4. 2015-2016
  5. Business Studies
  6. BU5562: Empirical Methods in Energy Economics

BU5562: EMPIRICAL METHODS IN ENERGY ECONOMICS (2015-2016)

Last modified: 25 Mar 2016 11:37


Course Overview

None.

Course Details

Study Type Postgraduate Level 5
Term Second Term Credit Points 15 credits (7.5 ECTS credits)
Campus None. Sustained Study No
Co-ordinators
  • Professor Euan Phimister

Qualification Prerequisites

None.

What courses & programmes must have been taken before this course?

  • One of MRes Applied Economics (Studied) or MSc Applied Economics (Studied) or MSc (Econ) in Petroleum, Energy Economics and Finance (Studied)
  • Any Postgraduate Programme (Studied)

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

Are there a limited number of places available?

No

Course Description

This course will consider the application of a range of empirical methods. For each method, any required background to the method will be discussed, and the practical application of the technique to a case introduced. Applications may include: 1. Applying Investment Appraisal Methods: Developing a Spreadhseet Model, Sensitivity Analysis, Monte Carlo Simulation 2. Modelling Retail-Wholesale Price Margins in Energy Markets: The Impact of Market Structure; Econometric analysis of Retail-Wholesale Data 3. Modelling Energy Demand; Theory and Model specification; Econometric Issues 4. Modelling the Economics of a Fuel Mandate; Formulating a simple model of the market; Counter-factual analysis 5. Industry Analysis; Structure, Performance, Conduct; Testing the evidence

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

More Information about Week Numbers


Details, including assessments, may be subject to change until 30 August 2024 for 1st term courses and 20 December 2024 for 2nd term courses.

Summative Assessments

1 two-hour written examination (60%); continuous assessment (40%). Resit: 1 two-hour written examination (100%). Capped at CAS 9

Formative Assessment

There are no assessments for this course.

Feedback

None.

Course Learning Outcomes

None.
 

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