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 Alumni Profile: Kenneth Zalke, MPP’23 Thu., May 29, 2025 Provost Katherine Baicker Honored with 2025 William B. Graham Prize for Health Services Research Wed., May 28, 2025 Where Passion Meets Policy: The Story of Samantha Kent, AM’20 Tue., May 27, 2025 Upcoming Events More events Masterclass with Navin Kumar Tue., June 03, 2025 | 5:00 PM Get to Know Harris! A Virtual Information Session Wed., June 04, 2025 | 12:00 PM Get to Know Harris! MACRM and PhD Information Session Thu., June 05, 2025 | 8:30 AM