Energy Economics: Concepts, Issues, Markets and Governance

by Subhes C. Bhattacharyya

Since its modest beginning in the 1970s, the academic and research focus on energy has grown substantially and energy has established itself as an independent, interdisciplinary subject area. It attracts attention from people in a range of different fields including engineers, scientists, geologists, environmentalists, bankers, investors, policy makers and politicians. Energy Economics introduces the basic concepts of energy economics and explains how simple economic tools can be used to analyse contemporary energy issues. Energy Economics is organised into six parts that give the reader a thorough grounding in various key aspects of the basic demand-related concepts and ideas used in energy economics; supply-side economics;energy markets, with specific emphasis on oil, gas and coal;the application of simple economic principles in analysing contemporary energy issues;environmental aspects of energy use; andregulatory and governance issues. Energy Economics is an easily accessible reference book for students of energy economics at the postgraduate level, as well as for a wider interdisciplinary audience. It provides readers with the skills required to understand and analyse complex energy issues from an economic perspective.

Genres: Economics

721 pages, Hardcover

First published February 28, 2011

Reviews

[Nathan Velson]

Text for a grad class I was taking that I probably didn't need to read in its entirety, but did anyway. A good high level overview of the topics listed in the title, including energy demand analysis and forecasting, supply-side economics, different energy markets, the issues facing the energy industry, and different regulatory approaches. A little outdated, the book fails to fully appreciate the effects of the US shale boom, which was just starting when the book was published. The book was also written when oil prices were at record highs (remember $4 gas?), and before the recent precipitous drop in the cost of renewable energy. Though a couple of chapters at the end of the book directly address environment and climate change issues, they are barely mentioned in the preceding chapters on fossil fuel demand and markets. Could definitely have used a copy-editor also.

[Mint Lim · Rating 5 out of 5]

Best. I was reading lots of papers before coming to this book. This book includes all the overviews of energy economics. Switching through pages I found some new stuff to add into my literature review. Thanks!

[Sergio Medinaceli · Rating 3 out of 5]

Es un buen punto de partida. Sin embargo, el libro no discute los temas abordados con la profundidad esperada, quizás nadie puede hacerlo. Tampoco existen muchas referencias prácticas.

[Nader Abdelrazik · Rating 3 out of 5]

Too much calculations and econometric depth ... I was expecting more theoretical approach