Course # 44340 Section Number 1 Day(s) M Time(s) 3:00pm-5:50pm Term Spring 2025 Course Instructor Koichiro Ito Syllabus Syllabus 4/10/25 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. Course Prerequisite In order to register for this course you must be a PPHA PhD student, PPHA-MAR student, PECO PhD student or MAPSS student. Quarter Title Instructor Day(s) Time(s) Syllabus Spring 2025 Energy and Environmental Economics III Koichiro Ito Monday 3:00pm-5:50pm Syllabus Recent News More news Q&A: Assistant Professor Erin Kelley on Her Work in Program Evaluation, International Development, and With the World Bank Wed., July 09, 2025 University of Chicago’s Harris School of Public Policy and Institute for Climate and Sustainable Growth Launch New Pathbreaking Master’s Program in Climate and Energy Policy Tue., July 08, 2025 Provost Katherine Baicker Appointed Emmett Dedmon Distinguished Service Professor Thu., July 03, 2025 Upcoming Events More events Harris Summer Mixer in Washington, DC: Cultivating Policy Connections Thu., July 10, 2025 | 5:00 PM Harris Summer Mixer in Washington, DC: Cultivating Policy Connections Office of Federal Relations 1730 Pennsylvania Ave NW Washington,, DC 20006 United States Coffee Chat Fri., July 11, 2025 | 9:00 AM Tatte Bakery and Cafe 2129 I St NW Washington, DC 20037 United States Coffee Chat Fri., July 11, 2025 | 10:00 AM Greenberry's Coffee Co. 1805 E St NW Washington, DC 20006 United States