PST380.3 Economics of Energy and Climate Change

Taught in Spanish at Pontificia Universidad Católica and may not be offered every semester. The issues of energy and climate change have received significant attention in Chile in recent years. This attention is due to international factors, such as fluctuations in commodity prices and global climate change policy agreements, as well as national factors arising from the vulnerable energy supply of recent years due to the cuts in Chile’s natural gas supply. In this course, you’ll

  • Examine the role of the economy in energy policy and in climate change policy, covering the global and national aspects,
  • Discuss concepts such as energy market economics, as well as energy supply security, economics of climate change, efficiency, externalities and policymaking instruments,
  • Analyze issues such as intertemporal decisions, uncertainty, supply costs, mitigation, and adaptation, as well as problems with international cooperation, based on the application of general economic principles, and
  • Address policy initiatives under discussion.

(PUC #EAE215A)

Prereq: An intro to microeconomics course or the equivalent

Department: Policy Studies

Location: Santiago

Credits: 3