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.
This course is one of many OCW Energy Courses, and it is a core subject in MIT’s undergraduate Energy Studies Minor. This Institute-wide program complements the deep expertise obtained in any major with a broad understanding of the interlinked realms of science, technology, and social sciences as they relate to energy and associated environmental challenges.

This course explores the theoretical and empirical perspectives on individual and industrial demand for energy, energy supply, energy markets, and public policies affecting energy markets. It discusses aspects of the oil, natural gas, electricity, and nuclear power sectors and examines energy tax, price regulation, deregulation, energy efficiency and policies for controlling emission.

With increasing public awareness of the multiple effects of global environmental change, the terms water, energy, and food crisis have become widely used in scientific and political debates on sustainable development and environmental policy. Although each of these crises has distinct drivers and consequences, providing sustainable supplies of water, energy, and food are deeply interrelated challenges and require a profound understanding of the political, socioeconomic, and cultural factors that have historically shaped these interrelations at a local and global scale.

EME 801 provides a broad introduction to global markets for crude oil and refined petroleum products, natural gas, and electric power. A major goal of the course is to help students understand how market design, market institutions, and regulatory structures affect firm-level decision-making in the energy industries and ultimately, how these decisions affect the functioning of energy markets and the prospects for alternative technologies.

Energy policy sits at the crossroads of science and policy. And now, energy and climate policy are inextricably linked; the policies we choose have very real consequences for our climate. This intersection of science and policy is chaotic and bustles with activity motivated by various competing (and conflicting) interests and factors. We must understand the motivations driving them and bridge the divides between our reliance on fossil fuels and our need to transition to less carbon-intensive and renewable alternatives. While the science and math behind these problems is often fairly straightforward, the politics and behavioral changes are not. Come stand at this busy intersection with us as we navigate toward progressive climate policy alternatives at all scales of governance!

Our world runs on energy - without it, things come to a screeching halt, as the recent hurricanes have shown. Ever stop to wonder what our energy future is? What are our options for energy, and what are the associated economic and climatic implications? In \Energy and the Environment\" we explore these questions, which together represent one of the great challenges of our time - providing energy for high quality of life and economic growth while avoiding dangerous climate change. This course takes an optimistic view of our prospects, and we'll see how shifting to renewable energy can lead to a viable future.

This multidisciplinary seminar addresses fundamental issues in global health faced by community-based healthcare programs in developing countries. Students will broadly explore topics with expert lecturers and guided readings. Topics will be further illuminated with case studies from healthcare programs in urban centers of Zambia. Multidisciplinary teams will be formed to develop feasible solutions to specific health challenges posed in the case studies and encouraged to pursue their ideas beyond the seminar. Possible global health topics include community-based AIDS/HIV management, maternity care, health diagnostics, and information technology in patient management and tracking. Students from Medicine, Public Health, Engineering, Management, and Social Sciences are encouraged to enroll. No specific background experience is expected, but students should have some relevant skills or experiences.

A Canadian Text

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The course presents an in-depth interdisciplinary perspective of electric power systems, with regulation providing the link among the engineering, economic, legal and environmental viewpoints. Generation dispatch, demand response, optimal network flows, risk allocation, reliability of service, renewable energy sources, ancillary services, tariff design, distributed generation, rural electrification, environmental impacts and strategic sustainability issues will be among the topics addressed under both traditional and competitive regulatory frameworks.

15.431 Entrepreneurial Finance examines the elements of entrepreneurial finance, focusing on technology-based start-up ventures and the early stages of company development. The course addresses key questions which challenge all entrepreneurs: how much money can and should be raised; when should it be raised and from whom; what is a reasonable valuation of the company; and how should funding, employment contracts and exit decisions be structured. It aims to prepare students for these decisions, both as entrepreneurs and venture capitalists. In addition, the course includes an in-depth analysis of the structure of the private equity industry.

This course examines opportunities and problems for entrepreneurs globally, including Europe, Latin America, and Asia. Linkages between the business environment, the institutional framework, and new venture creation are covered with a special focus on blockchain technology. In addition to discussing a range of global entrepreneurial situations, student groups pick one particular cluster on which to focus and to understand what further development would entail. Classroom interactions are based primarily on case studies.

This course explores the proper role of government in the regulation of the environment. It will help students develop the tools to estimate the costs and benefits of environmental regulations. These tools will be used to evaluate a series of current policy questions, including: Should air and water pollution regulations be tightened or loosened? What are the costs of climate change in the U.S. and abroad? Is there a “Race to the Bottom” in environmental regulation? What is “sustainable development”? How do environmental problems differ in developing countries? Are we running out of oil and other natural resources? Should we be more energy efficient? To gain real world experience, the course is scheduled to include a visit to the MIT cogeneration plant. We will also do an in-class simulation of an air pollution emissions market.

Applied economists frequently use equilibrium displacement models (EDMs), also termed linear elasticity models, for policy analyses because they can be used to estimate changes in prices and quantities that result from exogenous economic or policy shocks. These models are also widely used to estimate changes in producer and consumer surplus caused by exogenous economic shocks and to quantify the short- and long-term impacts of a variety of economic and regulatory actions across multiple markets. For the first time, a textbook that contains all of the theory and applications of EDMs along with a set of spreadsheet files is available in one place.

A Shared Lexicon of Equity Terms, Research, Experiences, and Resources

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This course examines similarities and differences in politics and political economy in Britain, Germany, Denmark, and Sweden. In particular, the course focuses on the structure of political power within the state, and on important institutions that form the link between state and society, especially political parties and interest organizations.

What's the future of the European Union and the Euro? The Eurozone Crisis is one of the most important issues in the world today. In this three week mini-course, we will cover both the institutions that make up the European Union and the underlying economics that are behind the crisis. We cover what is considered "consensus" knowledge by economists while also adding our own speculations in the mix.

El objetivo fue Evaluación del Satisfacción Laboral y Rendimiento Productivo de los Piscicultores Comunitarios. El trabajo de investigación se realizó en las unidades productoras de truchas de la comunidad de Pacococha, distrito y provincia de Castrovirreyna. Las variables de estudio fueron la satisfacción laboral y la productividad. El tipo de investigación es básica. El nivel de la investigación es Correlacional. El método es descriptivo, cualitativo y cuantitativo, describiéndose las variables involucradas y analizando su incidencia e interrelación en función a la relación causa – efecto. El diseño de investigación fue descriptivo – correlacional. En la investigación se tuvo como población a 20 piscicultores entre trabajadores y jefes, y debido a que el número de unidades que la integraron resulto accesible en su totalidad, esta fue igual a la muestra, es decir los 20 piscicultores. Para el sustento de la parte teórica se consultó diferentes fuentes bibliográficas y para el trabajo de campo se aplicó cuestionarios a la muestra identificada, formulándose dos instrumentos, que fueron validados oportunamente por juicio de expertos, a fin de efectivizar su aplicación correspondiente, los instrumentos utilizados fueron los cuestionarios de encuesta de satisfacción laboral y productividad, donde cada pregunta fue realizada de acorde a las variables considerando sus dimensiones e indicadores, con los cuales se obtuvo la información pertinente de los trabajadores de las unidades productoras. Los resultados nos muestran un coeficiente de correlación de Pearson r = 0.672, con un nivel de significancia menor a 0,05 (p-valor = 0,001). Por lo tanto, al ser el p-valor significativo concluimos que existe correlación entre las variables de estudio, se acepta la hipótesis alterna con un nivel de confianza del 95%. Como conclusión principal se ha determinado a través de la investigación que la productividad del factor humano se relaciona de forma positiva y moderada con la satisfacción laboral del personal de producción de las piscigranjas, con un grado de relación del 45.2%.

What role does economics play in your day-to-day life? You might be surprised to find that economics is a big part of nearly everything you do! Everyday Economics explores just that — how the “big ideas” from economics relate to everyday topics. The course is viewer-driven — you tell us where the course should go.

The five key elements of a data citation are author, title, distributor, date, and persistent identifier. In this interactive lesson, students learn about creating good data citations.

The purpose of this seminar is to provide a context for understanding the challenges of urban food provisioning from a perspective of sustainability and social inclusion in cities of the global South. The seminar will be specifically geared towards preparing students for direct participation in urban markets and food policy project intervention in Cartagena, Colombia.