PSIA, Master in International Energy
Semester : Autumn Number of hours : 24 Language of tuition : English
Teachers : Tatiana MITROVA (Professeur). Pedagogical format : Seminar Course validation : Regular attendance and active participation in the discussion that follows the lecture is expected. Validation will be based on class participation, group work during business games, preparation of presentations by students on topics assigned at the class (two short presentations are required) and ﬁnal project work defense. Course participation and group work during business games, 30% ; Preparations of presentations by students, 30 % ; Final policy paper : 40%. Pedagogical method : Each session will be divided in two parts : lecture and afterwards Q&As and presentations by several students (based on the additional readings) and discussion among the presenting students, the other students and the professor or business games. All participants are requested to complete the core readings in advance of the class. Additional readings will be assigned individually for making presentations to the class. At the end of the course students prepare individual energy policy papers for the chosen FSU country. Course Description : Russia and FSU region is critical for the global energy system. The countries of the region are undergoing signiﬁcant transformations, resulting in dramatic shifts of their energy policies and energy sector performance. The course aims at providing students with the critical knowledge and skills to understand historical and macroeconomic background of the institutional frameworks in the post-Soviet energy sector, regulation and State governance, major challenges facing Russia and other FSU countries in the energy sphere both domestically and on the global arena and tools typically used to deal with them. During the course competing political and commercial agendas, main stakeholders and real centres of decision making will be discussed. Speciﬁcs of market organization, access to subsoil, ownership, pricing, taxation will be addressed, as well as announced and real priorities of the national energy policies. While somewhat more focus will be put on Russia, energy policies of Ukraine and Caspian countries will be also examined. There will be special focus on the current situation and prospect of the main 1451
Teachers : Eleanor MORRISON (Managing Director, Commodity Reach Ltd, London, UK). Prerequisite : Principle of microeconomics. Pedagogical format : Seminar Course validation : 50% common ﬁnal exam (exercises and open questions) 20 % assignments 20% oral presentation 10% midterm exam Course Description : This course provides students with an overview of the fundamental concepts of economic issues and theories related to energy. More precisely, this course examines the economics of markets for various energy sources, and their interactions with each other and with the rest of the economy. It will cover a variety of theoretical and empirical topics related to energy demand, supply, costs, prices, and consequences of energy activities... Objectivs : Understand basic economic concepts that underlie energy production and end use. Understand how energy markets and prices are affected. Become familiar with public policy issues related to energy. Explain concepts fundamental to the economics of natural energy resources Be able to apply this knowledge to analysis of speciﬁc energy industries and policy questions. Required reading : Bhattacharyya, Subhes C.(2011), “Energy Economics : Concepts, Issues, Markets and Governance”, 1st.
ENERGY IN RUSSIA AND FSU
Semester : Spring Number of hours : 24 Language of tuition : English
Opened to the exchange program