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Why do we need economic models?

Is our energy future sunny and windy or do we go on burning fossil fuels? Watch Frank Krysiak and Hannes Weigt explaining the need for modeling.

In this course, you will learn how our environmental and energy economic models can be used to answer questions raised by environmental and energy policy.

We will show you how to transfer a question to a model, solve the model, and interpret the results.

Energy markets are currently facing significant changes and challenges all around the world. Models can help us to better understand and evaluate those developments.

So stick around if you want to know what our energy future could look like.

Profile pages

You can view the profile pages of your fellow learners, and ‘follow’ them to keep track of their comments. We recommend that you follow the educators Frank Krysiak and Hannes Weigt. That way, you’ll be able to see all the comments that they make.

For the same reason it might be a good idea to follow the mentors of this course, who will help to guide the discussions: Rebecca Lordan-Perret, Sebastian Schäfers, and Hector Ramirez. Mentoring will take place from 5th October 2020 to 9th November 2020.

Learning online

Courses such as this one attract thousands of learners, which means it is not possible for us to provide individual help in most cases. The big advantage however is that learners can help each other. So, if you know the answer to a question being asked, don’t be shy. Post an answer. If you find an answer or comment helpful, please ‘like’ it, so the best answers can be found more easily by others (filter by ‘most liked’).

In some steps, we’ll provide additional learning material as external links or downloads. Please have a look at them as well.

Are you new to learning online? Then you might like to read these tips and tools for social learning, to help you get the most from FutureLearn’s features.

Get extra benefits, upgrade your course

You can get extra benefits by upgrading this course, including:

Unlimited access to the course: go at your own pace with unlimited access to the course for as long as it exists on FutureLearn.

Access to tests: ensure you’ve mastered the material with access to tests on the course.

A Certificate of Achievement: to help you demonstrate your learning we’ll send you a Certificate of Achievement or Statement of Participation when you become eligible.

Find out more.

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Exploring Possible Futures: Modeling in Environmental and Energy Economics

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