İzmir Ekonomi Üniversitesi
  • TÜRKÇE

  • GRADUATE SCHOOL

    Master of Business Administration (MBA) (With Thesis)

    ECON 530 | Course Introduction and Application Information

    Course Name
    Energy Economics and Finance
    Code
    Semester
    Theory
    (hour/week)
    Application/Lab
    (hour/week)
    Local Credits
    ECTS
    ECON 530
    Fall/Spring
    3
    0
    3
    7.5

    Prerequisites
    None
    Course Language
    English
    Course Type
    Elective
    Course Level
    Second Cycle
    Mode of Delivery -
    Teaching Methods and Techniques of the Course -
    National Occupation Classification -
    Course Coordinator -
    Course Lecturer(s) -
    Assistant(s) -
    Course Objectives The aim of this course is to cover basics in financing energy projects as well as teach the students the different instruments that are available for hedging risks in the energy sector.
    Learning Outcomes

    The students who succeeded in this course;

    • will be able to define basic economic concepts that underly energy production and end use.
    • will be able to explain how local, regional, and global institutions affect energy markets and prices.
    • will be able to discuss historical and contemporary public policy issues related to energy in Turkey, the region and the world.
    • will be able to analyze specific energy industries and policy questions.
    • will be able to define energy derivatives.
    Course Description This course examines economic theory, empirical perspectives, and political economy of energy supply and demand. It discusses aspects of local, national, and global markets for oil, natural gas, coal, electricity, nuclear power, and renewable energy; and examines public policies affecting energy markets including taxation, price regulation and deregulation, energy efficiency, and control of emissions. The course will also cover energy derivatives and the link between energy and financial markets.
    Related Sustainable Development Goals

     



    Course Category

    Core Courses
    Major Area Courses
    Supportive Courses
    Media and Management Skills Courses
    Transferable Skill Courses

     

    WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

    Week Subjects Related Preparation
    1 Introduction
    2 Financial forwards Related chapter from Options, Futures and Other Derivatives
    3 Financial futures Related chapter from Options, Futures and Other Derivatives
    4 Financial futures Related chapter from Options, Futures and Other Derivatives
    5 Commodity forwards/futures Related chapter from Options, Futures and Other Derivatives
    6 Hedging with forwards/futures Related chapter from Options, Futures and Other Derivatives
    7 Hedging with forwards/futures Related chapter from Options, Futures and Other Derivatives
    8 Swaps Related chapter from Options, Futures and Other Derivatives
    9 Swaps Related chapter from Options, Futures and Other Derivatives
    10 Midterm
    11 Financing Energy Development Related chapter from Options, Futures and Other Derivatives
    12 American Options Related chapter from Options, Futures and Other Derivatives
    13 European Options Related chapter from Options, Futures and Other Derivatives
    14 Greeks Related chapter from Options, Futures and Other Derivatives
    15 Review of the Semester
    16 Review of the Semester

     

    Course Notes/Textbooks Options, Futures and Other Derivatives (6th edition), by John C Hull.
    Suggested Readings/Materials

     

    EVALUATION SYSTEM

    Semester Activities Number Weigthing
    Participation
    16
    10
    Laboratory / Application
    Field Work
    Quizzes / Studio Critiques
    Portfolio
    Homework / Assignments
    2
    20
    Presentation / Jury
    Project
    Seminar / Workshop
    Oral Exams
    Midterm
    1
    30
    Final Exam
    1
    40
    Total

    Weighting of Semester Activities on the Final Grade
    60
    Weighting of End-of-Semester Activities on the Final Grade
    40
    Total

    ECTS / WORKLOAD TABLE

    Semester Activities Number Duration (Hours) Workload
    Theoretical Course Hours
    (Including exam week: 16 x total hours)
    16
    3
    48
    Laboratory / Application Hours
    (Including exam week: '.16.' x total hours)
    16
    0
    Study Hours Out of Class
    14
    3
    42
    Field Work
    0
    Quizzes / Studio Critiques
    0
    Portfolio
    0
    Homework / Assignments
    2
    25
    50
    Presentation / Jury
    0
    Project
    0
    Seminar / Workshop
    0
    Oral Exam
    0
    Midterms
    1
    35
    35
    Final Exam
    1
    50
    50
        Total
    225

     

    COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

    #
    Program Competencies/Outcomes
    * Contribution Level
    1
    2
    3
    4
    5
    1

    To be able to demonstrate general business knowledge and skills.

    -
    -
    -
    -
    -
    2

    To able to master the state-of-the-art literature in the area of specialization.

    -
    -
    -
    -
    -
    3

    To be able to evaluate the performance of business organizations through a holistic approach.

    -
    -
    -
    -
    -
    4

    To be able to effectively communicate scientific ideas and research results to diverse audiences.

    -
    -
    -
    -
    -
    5

    To be able to deliver creative and innovative solutions to business-related problems.

    -
    -
    -
    -
    -
    6

    To be able to solve business related problems using analytical and technological tools and techniques.

    -
    -
    -
    -
    -
    7

    To be able to take a critical perspective in evaluating business knowledge.

    -
    -
    -
    -
    -
    8

    To be able to exhibit an ethical and socially responsible behavior in conducting research and making business decisions.

    -
    -
    -
    -
    -
    9

    To be able to carry out a well-designed independent and empirical research.

    -
    -
    -
    -
    -
    10

    To be able to use a foreign language to follow information about the field of finance and participate in discussions in academic environments.

    -
    -
    -
    -
    -

    *1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest


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