ENERGY ECONOMICS - A MODERN INTRODUCTION

A text and reference on energy economics, assuming a background in the microeconomic portion of a first course in economics, and the mathematical requirements that can be met by secondary school algebra. Covers futures, options, and swaps in oil, gas, coal, electricity, and energy derivatives. An in-depth chapter on derivatives is applicable to all commodities, and can serve as an easily read background to financial derivatives. Other topics treated include uranium and capital budgeting, and to a lesser extent real option theory and deregulation. Includes chapter exercises and a glossary.