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14.43J - Energy Decisions, Markets, and Policies

14.43J/15.031J Energy Decisions, Markets, and Policies (Spring 2012, MIT OCW). Instructor: Professor Richard Schmalensee. This course examines the choices and constraints regarding sources and uses of energy by households, firms, and governments through a number of frameworks to describe and explain behavior at various levels of aggregation. Examples include a wide range of countries, scope, settings, and analytical approaches. (from ocw.mit.edu)

This lecture provides an overview and motivations for the class, as well as an introduction to the U.S. energy system. A brief history of the state of U.S. energy is given through a series of graphs and data.

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