Prague, Czech Republic

Economics of Energy and Electrical Engineering

Language: English Studies in English
Subject area: economy and administration
University website: www.cvut.cz
Years of study: 4
Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Electrical Engineering
Electrical engineering is a professional engineering discipline that generally deals with the study and application of electricity, electronics, and electromagnetism. This field first became an identifiable occupation in the later half of the 19th century after commercialization of the electric telegraph, the telephone, and electric power distribution and use. Subsequently, broadcasting and recording media made electronics part of daily life. The invention of the transistor, and later the integrated circuit, brought down the cost of electronics to the point they can be used in almost any household object.
Energy
In physics, energy is the quantitative property that must be transferred to an object in order to perform work on, or to heat, the object. Energy is a conserved quantity; the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The SI unit of energy is the joule, which is the energy transferred to an object by the work of moving it a distance of 1 metre against a force of 1 newton.
Engineering
Engineering is the creative application of science, mathematical methods, and empirical evidence to the innovation, design, construction, operation and maintenance of structures, machines, materials, devices, systems, processes, and organizations. The discipline of engineering encompasses a broad range of more specialized fields of engineering, each with a more specific emphasis on particular areas of applied mathematics, applied science, and types of application. See glossary of engineering.
Economics
The blunt truth about the politics of climate change is that no country will want to sacrifice its economy in order to meet this challenge.
Tony Blair, address to the 2005 G8 climate change summit in London, as reported by David Adam, "Blair signals shift over climate change", The Guardian, 1 November 2005.
Engineering
Only among those who were engaged in a particular activity did their language remain unchanged; so, for in­stance, there was one for all the architects, one for all the carriers of stones, one for all the stone-breakers, and so on for all the different opera­tions. As many as were the types of work involved in the enterprise, so many were the languages by which the human race was fragmented; and the more skill required for the type of work, the more rudimentary and barbaric the language they now spoke. But the holy tongue remained to those who had neither joined in the project nor praised it, but instead, thoroughly disdaining it, had made fun of the builders' stupidity.
Dante Alighieri, De vulgari eloquentia, Chapter VII
Engineering
Engineering is the conscious application of science to the problem of economic production.
Halbert Powers Gillette (1910). cited in: T.J. Hoover & J.C. Lounsbury Fish. The Engineering Profession. Stanford University Press, 1941. p. 463
An EU-funded initiative has translated scientific knowledge regarding expected climate change impacts into a decision support system for forest practitioners and policymakers.
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