Course Name

Energy Decisions, Markets, and Policies


  • General



Map of the United States with red and blue lines extending within and across states.

An infographic depicting natural gas pipelines across the U.S. (Image courtesy of Energy Information Administration.)


Prof. Richard Schmalensee

MIT Course Number

15.031J / 14.43J / 21A.341J / 11.161J

As Taught In

Spring 2012



Cite This Course



Course Features

Educator Features

Course Description

This course examines the choices and constraints regarding sources and uses of energy by households, firms, and governments through a number of frameworks to describe and explain behavior at various levels of aggregation. Examples include a wide range of countries, scope, settings, and analytical approaches.

This course is one of many OCW Energy Courses, and it is a core subject in MIT's undergraduate Energy Studies Minor. This Institute-wide program complements the deep expertise obtained in any major with a broad understanding of the interlinked realms of science, technology, and social sciences as they relate to energy and associated environmental challenges.


3 sections 47 items