Course # 44340 Day(s) M Time(s) 3:00 PM - 5:50 PM Term Spring 2018 Syllabus Syllabus Optimal environmental regulation requires an analysis of the trade between market and regulatory imperfections. Market allocations are inefficient in the presence of imperfections such as externalities, market power, and informational asymmetries. On the other hand, government intervention to mitigate these imperfections is not costless, and can even make market performance worse. This course focuses on recent empirical analysis of the costs and benefits of environmental and energy policies, including an introduction to the relevant econometric methodologies such as randomized controlled trials, regression discontinuity designs, bunching analysis, and structural estimation. Topics will include: energy demand and the energy efficiency gap, fuel economy and appliance efficiency standards, non-linear and real-time electricity pricing, wholesale electricity markets, renewable electricity policies, natural gas markets, retail gasoline markets, and technology innovations. Must have completed PPHA 44330 Energy and Environmental Economics II to enroll. Recent News More news Alumni Profile: Sameer Shafi Warraich, MPP’22 Thu., March 28, 2024 Alumni Profile: Will Pennington, MACRM’23 Tue., March 26, 2024 Student Profile: Aïcha Camara, MSCAPP Class of 2024 Thu., March 21, 2024 Upcoming Events More events Masterclass with Carolyn Sloane Thu., March 28, 2024 | 5:00 PM UChicago Harris International Leadership Credential Information Session Mon., April 01, 2024 | 8:00 AM Harris Evening Master's Program Class Visit—Economic Analysis III: Public Finance and Budgeting With Professor Justin Marlowe Tue., April 02, 2024 | 5:45 PM Convene 311 West Monroe St. 2nd Floor Reception Chicago, IL 60606 United States