Teaching Energy Economics in the GCC: A Synergistic Approach between Engineering and Economics
Issues related to safe and abundant energy production have been prominent in recent years. This is particularly true when society considers how to increase the quality of life by providing low-cost energy to citizens. A significant concern of the Gulf Cooperation Council (GCC) relates to the environ...
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| Format: | Article |
| Language: | English |
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MDPI AG
2022-09-01
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| Series: | Energies |
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| Online Access: | https://www.mdpi.com/1996-1073/15/19/6953 |
| _version_ | 1827654643982794752 |
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| author | Yishu Zhou Joseph D. Smith Greg Gelles |
| author_facet | Yishu Zhou Joseph D. Smith Greg Gelles |
| author_sort | Yishu Zhou |
| collection | DOAJ |
| description | Issues related to safe and abundant energy production have been prominent in recent years. This is particularly true when society considers how to increase the quality of life by providing low-cost energy to citizens. A significant concern of the Gulf Cooperation Council (GCC) relates to the environmental effects of energy production and energy use associated with climate change. Efforts to reduce fossil fuel use and increase the use of renewable energy, together with the price volatility of fossil fuels, have seriously impacted the economics of many oil-producing countries, particularly the Gulf States, which has led to efforts to make their economies more diverse and less dependent on oil production. In this article, we introduce a multidisciplinary energy economics course developed at the Missouri University of Science and Technology that can be easily adopted by GCC universities to enhance future generations’ understanding of energy challenges. |
| first_indexed | 2024-03-09T21:48:53Z |
| format | Article |
| id | doaj.art-5c8c6a1892d84895bdad7e115ccff58e |
| institution | Directory Open Access Journal |
| issn | 1996-1073 |
| language | English |
| last_indexed | 2024-03-09T21:48:53Z |
| publishDate | 2022-09-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj.art-5c8c6a1892d84895bdad7e115ccff58e2023-11-23T20:10:36ZengMDPI AGEnergies1996-10732022-09-011519695310.3390/en15196953Teaching Energy Economics in the GCC: A Synergistic Approach between Engineering and EconomicsYishu Zhou0Joseph D. Smith1Greg Gelles2Department of Economics, Missouri University of Science and Technology, Rolla, MO 65409, USADepartment of Chemical and Biochemical Engineering, Missouri University of Science and Technology, Rolla, MO 65409, USADepartment of Economics, Missouri University of Science and Technology, Rolla, MO 65409, USAIssues related to safe and abundant energy production have been prominent in recent years. This is particularly true when society considers how to increase the quality of life by providing low-cost energy to citizens. A significant concern of the Gulf Cooperation Council (GCC) relates to the environmental effects of energy production and energy use associated with climate change. Efforts to reduce fossil fuel use and increase the use of renewable energy, together with the price volatility of fossil fuels, have seriously impacted the economics of many oil-producing countries, particularly the Gulf States, which has led to efforts to make their economies more diverse and less dependent on oil production. In this article, we introduce a multidisciplinary energy economics course developed at the Missouri University of Science and Technology that can be easily adopted by GCC universities to enhance future generations’ understanding of energy challenges.https://www.mdpi.com/1996-1073/15/19/6953energy policyenergy economicsrenewable energyfossil energynuclear energyhybrid energy |
| spellingShingle | Yishu Zhou Joseph D. Smith Greg Gelles Teaching Energy Economics in the GCC: A Synergistic Approach between Engineering and Economics Energies energy policy energy economics renewable energy fossil energy nuclear energy hybrid energy |
| title | Teaching Energy Economics in the GCC: A Synergistic Approach between Engineering and Economics |
| title_full | Teaching Energy Economics in the GCC: A Synergistic Approach between Engineering and Economics |
| title_fullStr | Teaching Energy Economics in the GCC: A Synergistic Approach between Engineering and Economics |
| title_full_unstemmed | Teaching Energy Economics in the GCC: A Synergistic Approach between Engineering and Economics |
| title_short | Teaching Energy Economics in the GCC: A Synergistic Approach between Engineering and Economics |
| title_sort | teaching energy economics in the gcc a synergistic approach between engineering and economics |
| topic | energy policy energy economics renewable energy fossil energy nuclear energy hybrid energy |
| url | https://www.mdpi.com/1996-1073/15/19/6953 |
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