What is Energy Economics
Energy economics is a vast category of scientific study that encompasses a variety of themes that are associated with the supply and utilization of energy in society. The economic significance of the efficiency with which energy may be produced is determined by taking into account the cost of energy services and the value that is connected with them. One definition of energy services is functions that generate and supply energy to “desired end services or states.” Energy services can be explained in this way. The efficiency of energy services is directly proportional to the engineered technology that is utilized in the production and distribution of those services. The objective is to reduce the amount of energy that is taken in during the production of the energy service, which includes things like lighting (lumens), heating (temperature), and fuel. Despite the fact that energy economics is relevant to a wide range of human activities, including individuals and enterprises at the microeconomic level and resource management and environmental implications at the macroeconomic level, the primary sectors that are taken into consideration in energy economics are transportation and building.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Energy economics
Chapter 2: Economics
Chapter 3: Macroeconomics
Chapter 4: Environmental economics
Chapter 5: Market failure
Chapter 6: Behavioral economics
Chapter 7: Economic efficiency
Chapter 8: Managerial economics
Chapter 9: Jevons paradox
Chapter 10: William Baumol
Chapter 11: Government failure
Chapter 12: JEL classification codes
Chapter 13: John Quiggin
Chapter 14: Richard Blundell
Chapter 15: Rebound effect (conservation)
Chapter 16: New classical macroeconomics
Chapter 17: Engineering economics
Chapter 18: David Zilberman (economist)
Chapter 19: Michael Greenstone
Chapter 20: Shelly Lundberg
Chapter 21: Inframarginal analysis
(II) Answering the public top questions about energy economics.
(III) Real world examples for the usage of energy economics in many fields.
(IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of energy economics. (eBook only).
Who will benefit
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of energy economics.