Le Grand Syllabus 2016/2017
as well as the tools which are at their disposal to avoid this trend. Required reading : Please refer to the syllabus.
European Commission at https ://ec.europa.eu/ energy/en/statistics/market-analysis.
INTERNATIONAL AND EUROPEAN GAS MARKETS
Semester : Spring Number of hours : 24 Language of tuition : English
INTRODUCTION TO ENVIRONMENTAL ECONOMICS (LECTURE)
Semester : Autumn Number of hours : 24 Language of tuition : English
Teachers : Luca FRANZA (researcher), Coby VAN DER LINDE (Director/Professor). Prerequisite : Basic knowledge of (international) economics (international macro and micro). Pedagogical format : Seminar Course validation : Participation in class 10% ; Mid-term multiple choice exam (in class), probably at the beginning of Session 9 30% ; Final exam paper (take-home), after the end of the course 60%. Pedagogical method : Lectures with active Q&A. Course Description : The course International and European Gas Markets aims to provide students with the tools to understand the complex dynamics that are currently unfolding in natural gas markets. Course material covers both supply and demand and spans from upstream to downstream. The course is structured in a way that will expose students to progressively more detailed material. The ﬁrst part of the course sets the scene, enabling students to master fundamental concepts and making connections between various trends. In the second part of the course we will expand on selected topics of particular relevance, focussing on the three main gas regions : North America, Europe and Asia. Throughout the course, we will make reference to historical elements, although the main objective is to deepen understanding of present trends, stimulate out-ofthe-box thinking on hotly debated topics, and try to look into the future of gas. Interactive participation and questions from the students are highly encouraged. Required reading : Executive summary of the World Energy Outlook (WEO) 2015, IEA ; Medium-Term Gas Market Report 2015, IEA ; Quarterly Report on Natural Gas (latest version), 1458
Teachers : Miguel CARDENAS RODRIGUEZ (Economiste environnemental), Stephen SMITH (Professeur). Prerequisite : None. Pedagogical format : Lecture alone Course validation : Continuous assessment ; mid-term written assignment (maximum 1,000 words) : 50% of total grade ; ﬁnal take-home exam : 50% of total grade. Workload : Twenty-four hours of lectures, which set out the key theoretical ideas of environmental economics, and discuss relevant empirical research and policy applications. Students are expected to supplement the lectures by reading a range of relevant literature, including selected book chapters, policy papers and academic journal articles. Pedagogical method : The course assumes no prior knowledge of economics, and will be taught in a non-technical style, without the use of formal mathematics. The aim is to introduce students to the key concepts and ideas in environmental economics, so that they can understand economists' contributions to policy debates, and the strengths and weaknesses of the economic approach to environmental policy. Course Description : Economics provides a framework for thinking about environmental policy choices, and some distinctive insights what have had a major inﬂuence on policy in recent years. This course provides an overview of the economic approach to key environmental policy issues, including air pollution, climate change, and biodiversity, and an assessment of the merits of different policy interventions, comparing conventional regulation and market mechanisms such as emissions trading and taxation. Policy case studies examine in detail the experience of some recent policy innovations, and the contri-