D131 - Economics Of Energy

Course specification
Course titleEconomics Of Energy
Study programme
Lecturer (for classes)
Lecturer/Associate (for practice)
    Lecturer/Associate (for OTC)
      ConditionnoОблик условљености
      The goalImproving knowledge about energetics economics, as a special scientific discipline. Energy is one of the most important developing factor which has very important role in production and consumption. Because of that, the objective of this course is to acquire knowledge about availability and usage of existing and new energy springs. It is necessary to inform students about importance of rational energy consumption and with influence of this sector to all technical and economic development. It is necessary in the process of making decisions about energy usage and consumption. The main task is most rational consumption of all energy springs.
      The outcome; Analytic competences of students in judging the necessary rationalization of energy consumption and production. To improve knowledge and methods for management decision in the process of price and cost calculations, cost benefit analysis and investment. ;
      Contents of lecturesEnergetic field and energetic balance- Energy concept; Role and importance of energetics; Form and unit of measurement of energy; Primary springs of energy; System power; Degree of efficiency; Energetic balance; Energetics development indicators; Production and consumption of energy-Energetic capacity development; Financing and development of energetics; reserves of energetic springs; Import and export of energy; Energy consumption; Energy politics and economic development; Economics of production and consumption of energy-coal, oil, gas, Economic characteristic of energetic sector-Productivity in energetic sector; Usage of capacity as a economic factor; Prices of energy; Energy transport; Economics of energy usage; Energetics and natural and working environment-Energietic and environmental pollution; Opportunities of protection environmental protection; Politics and strategy of energetic long- term development in the function of sustainable development;
      Contents of exercises
      1. Nikolic, М., Мilanovic, Z., Маdal, S., Ekonomika energetike, Екоnomski fakultet, Beorad, 2012.
      2. Tainter, J., Practical Aplications of Ecological Economics, Island Press, 2006.
      3. Baumol, W., Walace, E., The Teory of Environmenatal Pollicy, Prentice Hall, London, 2005.
      Number of hours per week during the semester/trimester/year
      LecturesExercisesOTCStudy and ResearchOther classes
      Methods of teachingLectures, workshops, discussion, interactive lectures (presentation and discussion of seminar works, analyses of some practical examles).
      Knowledge score (maximum points 100)
      Pre obligationsPointsFinal examPoints
      Activites during lectures10Test paper
      Practical lessonsOral examination50