Lecture 23: Basic Energy Economics

Published on Aug 28, 2015

Lecture 23: Basic Energy Economics (PDF with notes)

Nothing happens in the global fuel economy without having rippling effects on something else. For example, oil prices tend to move together globally; they are a linked market. One hundred years ago this may not have been the case, but today globalism has tied us all. This lecture provides an overview of basic energy economics and how it links to all aspects of our economy.

Lecture 23 Basic Energy Economics