Trade theories predict and explain the consequences of economic integration. Generally, they show that freer international trade leads to specialisation, technological convergence and faster economic growth. This study compares the conclusions of the trade theories with empirical observations of...

1. Introduction to energy economics -- Part 1: Concepts -- 2. Economic concepts applied to the energy sector -- 3. Energy data and energy balance -- 4. Energy demand analysis -- 5. Energy demand forecasting -- 6. Economic analysis of investments -- 7. Economics of non-renewable energy supply --...