Requisite(s): 120 credit points of completed study in C10061 Bachelor of Engineering Diploma in Engineering Practice OR 120 credit points of completed study in C10066 Bachelor of Engineering Science OR 120 credit points of completed study in C10067 Bachelor of Engineering
These requisites may not apply to students in certain courses.
There are also course requisites for this subject. See access conditions.
This subject aims to develop in students an understanding of the microeconomic principles and methods of energy pricing. Topics include: microeconomic foundations of energy pricing; demand, supply and demand-supply interactions under various market conditions; pricing as a planning tool; pricing and efficiency; methods of pricing; and case studies on the pricing of electricity, gas, oil and other energy resources.
Assessment: Assignments (40 per cent), quizzes (50 per cent), contribution to class discussion (10 per cent).