EXAR 2904 - Electricity Markets

21 units

The course provides participants with a working knowledge on the functioning of electricity markets in Alberta(from generation down to retail) and its regulatory framework. Well-functioning electricity markets are crucial to every aspect of our society, as a reliable electricity supply is essential to meet consumers' and industrial needs. Electricity generation, capacity management, electricity pricing, and delivery are inherently complex processes, which, further, must adjust for policies aiming to mitigate the effect of climate change and technological advances.

ECON 472 - Market Power: Theory and Policy

3 units (fi 6)(EITHER, 3-0-0)

Market definition and measurement of market power. Competition policy, including mergers, predation, abuse of dominance, price discrimination, tie-in sales, exclusive dealing, resale price maintenance, collusion and bid rigging. Regulation of natural monopolies. Prerequisites: ECON 109 and ECON 384.

ECON 571 - Market Power: Theory and Policy

3 units (fi 6)(EITHER, 3-0-0)

Market definition and measurement of market power. Principles of competition policy, including merger, predation, abuse of dominance, price discrimination, vertical market restrictions, collusion and bid rigging.

ECON 203 - Selected Topics in Economics I

3 units (fi 6)(EITHER, 3-0-0)

Content varies from year to year. Topics announced prior to registration period. Prerequisite: ECON 101. Additional prerequisites may be required; consult the Department for further information.

ECON 605 - PhD Microeconomic Theory II

3 units (fi 6)(EITHER, 3-0-0)

Topics include noncooperative game theory, models of imperfect competition, and the economics of information. Prerequisite: ECON 604 or equivalent.