Course # 44340 Section Number 1 Day(s) M Time(s) 3:00pm-5:50pm Term Spring 2025 Course Instructor Koichiro Ito Syllabus Syllabus 2/16/24 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: Prentice Butler, AB'02, CLA'17, AM'20 Fri., February 28, 2025 Alumni Profile: Jesse Altman, MPP’23 Thu., February 27, 2025 Professor Konstantin Sonin Sheds Light on Purges During Joseph Stalin's Great Terror in New Paper Mon., February 24, 2025 Upcoming Events More events Get to Know Harris! A Virtual Information Session Wed., March 05, 2025 | 12:00 PM Credential Roundtable with Austin Wright and Shilin Liu Wed., March 05, 2025 | 7:30 PM PKU-UChicago Summer School Alumni Roundtable Thu., March 06, 2025 | 7:00 AM