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;
|
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 |
|
Core Courses | |
Major Area Courses | ||
Supportive Courses | ||
Media and Management Skills Courses | ||
Transferable Skill Courses |
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 |
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 |
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
|
#
|
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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