Energy Economics: A Modern Introduction

1. Front Matter

   Pages i-xi

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2. Energy Economics: An Introductory Survey

   • Ferdinand E. Banks

   Pages 1-21

3. Discounting and Capital Values

   • Ferdinand E. Banks

   Pages 23-42

4. The World Oil Market

   • Ferdinand E. Banks

   Pages 43-74

5. A Fuel of the Future: Natural Gas

   • Ferdinand E. Banks

   Pages 75-111

6. Some Aspects of the World Coal Market

   • Ferdinand E. Banks

   Pages 113-135

7. Energy Derivatives: Futures, Options, and Swaps

   • Ferdinand E. Banks

   Pages 137-174

8. Electricity and Economics

   • Ferdinand E. Banks

   Pages 175-198

9. Uranium, Nuclear Energy, and an Introduction to Intertemporal Production Theory

   • Ferdinand E. Banks

   Pages 199-227

10. Additions, Extensions and Final Remarks

    • Ferdinand E. Banks

    Pages 229-249

11. Appendix

    • Ferdinand E. Banks

    Pages 251-272

12. Back Matter

    Pages 273-276

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"Energy is the go of things", as James Clerk Maxwell pointed out. This th simple truth was largely overlooked during the first 70 years of the 20 century, because in the industrial world most politicians, civil servants, and opinion makers were inclined to believe that virtually an infinite supply of reasonably priced energy would always be available, and so things would continue to 'go' in the manner to which many of their constituents and admirers had become accustomed. Similar opinions were held about fresh air, and water for consumption and agricultural uses. As a result, it was not until the last two decades of the century that serious courses in energy and environmental economics began to be offered at institutions of higher learning around the world. This book is intended as a comprehensive introductory text and/or reference book for courses of this nature having to do with energy economics. (I have also attempted to make the book useful for self study. ) As far as I know, there are no energy economics text or reference books on the level of this book in the English language. Needless to say, if I am wrong then I apologise to their authors; but right or wrong, I would like to see more energy economics books of all descriptions now. We cannot afford to have the same kind of mistakes made with energy policy that (in much of the world) are being made with e. g. employment policy.

• Futures
• Nuclear Energy
• Options
• Swaps
• derivatives
• energy
• natural gas
• nuclear
• production

• Department of Economics, Uppsala University, Sweden

  Ferdinand E. Banks

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