This book is designed to provide the economic skills to make better management or policy decisions relating
to energy. It requires a facility with calculus and contains a toolbox of models along with institutional, technological
and historical information for oil, coal, electricity, and renewable energy resources.
Table of Contents
1. Introduction
2. Energy lessons from the past for the future
3. Perfect competition and the coal industry
4. Natural monopoly and electricity generation
5.Deregulation and privatization of electricity generation
6. Monopoly, dominant firm and OPEC
7. Market structure, transaction cost economics and U.S. natural gas markets
8. Externalities and energy pollution
9. Public goods and global climate change
10. Monopsony - Japan and the Asia Pacific LNG market
11. Game theory and the Western European natural gas market
12. Allocating fossil fuel production over time and oil leasing
13. Supply and cost curves
14. Linear programming, refining and energy transportation
15. Energy futures and options markets for managing risk
16. Energy and information technologies
17. Managing in the multicultural world of energy