PhD University of Connecticut
MA University of Connecticut
BA Vilnius University (Lithuania)
Industrial Organization, Energy and Environmental Economics, Energy Security, Experimental and Behavioral Economics
Rimvydas Baltaduonis, Ph.D. - Rim - is an Associate Professor in the Economics Department at Gettysburg College and a Co-Director of Gettysburg Lab for Experimental Economics (GLEE). He is also an affiliated faculty with the International & Global Studies Program at Gettysburg College and has chaired it during 2018-2019. While being a longtime affiliate of the Institute for Regulatory Law & Economics (IRLE), Dr. Baltaduonis also worked as a Visiting Senior Research Scholar at Columbia’s Center on Global Energy Policy (CGEP) during 2019-2020 academic year and a Visiting Senior Scholar at the Federal Energy Regulatory Commission (FERC) from 2015 to 2017. Dr. Baltaduonis' current research focuses on the design and behavior of electric power markets and their interaction with natural gas markets. While at FERC, Dr. Baltaduonis investigated the performance of markets for financial transmission rights (FTRs) as well as physical gas contracts. He also conducts workshops on laboratory economics experiments designed to inform energy policy. The National Science Foundation, the International Foundation for Research in Experimental Economics and the Australian Research Council have supported his research. Prior to assuming his position at Gettysburg College, Dr. Baltaduonis was an IFREE Visiting Post-doctoral Fellow in the Interdisciplinary Center for Economic Science at George Mason University and later at the Economics Science Institute at Chapman University.
Courses provide general understanding of economic systems and economic analysis, with emphasis on the operation of the U.S. economy. Topics include the price system, theory of consumer behavior, theory of production, theory of the firm, income distribution, welfare economics, and the micro aspects of international trade.
Energy fundamentals and security issues. Course covers technological, economic and political aspects of energy production originating from oil, coal, conventional gas, shale gas, nuclear power, hydropower and other renewable sources. It examines how energy resources affect the national security and shape the domestic as well as global political economy. Topics include national oil companies, government control and regulation, OPEC dynamics, oil reserves, pipeline politics, LNG international trade, water-energy nexus, climate change, critical energy infrastructure, terrorism, energy diplomacy. Prerequisites: Economics 103 (or equivalent) or permission of instructor. ECON 258 and PP 258 are cross-listed.
Application of microeconomic theory to the structure of industry. Course considers traditional, as well as recent and interdisciplinary theories of firm and industry behavior, with particular focus on oligopoly and game theory. Course also reviews the economic history of U.S. antitrust and regulatory policies and examines the effect of greater global interdependence. Students evaluate alternative policies for static economic efficiency, technological change, and equity. Prerequisite: Econ 241 and 245.
This course explores the key aspects of energy supply and demand covering issues in electricity, natural gas and oil sectors of the economy. It discusses the role of markets, regulation and deregulation of the industry. The course addresses market design questions related to energy generation, transmission and distribution. It also provides an overview of economic institutions designed to control pollution emissions and examines other public policies affecting energy markets. Prerequisites:Econ 241 and 245. ECON 344 and PP 343 are cross-listed.
Seminar for students writing the senior theses. Each participant completes an original research project under the supervision of a faculty thesis adviser. Students discuss course readings, review research methods, and present and discuss their findings. Prerequisite: By department invitation only.
Microeconomic theory attempts to explain the decisions that individuals and firms make about spending time, money, and other scarce resources. In this experimental microeconomics seminar, students participate in a series of economic experiments designed to test hypotheses and develop models of economic behavior. Participants learn the core ideas in microeconomic theory by discussing and writing about experiences and observations.
An interdisciplinary course taught in London by a Gettysburg College faculty member during the one-month presession to the Gettysburg in England program. Topics will vary. The topic during the fall of 2010 will be Global Cities.