Dokuz Eylül University Information Package / Courses Catalog

Description of Individual Course Units

Course Unit Code	Course Unit Title	Type Of Course	D	U	L	ECTS
ECO 4420	ENERGY ECONOMICS	ELECTIVE	3	0	0	6

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASISTANT PROFESSOR GONCA DARIK

Offered to

Economics

Course Objective

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.

Learning Outcomes of the Course Unit

1	Demonstrate understanding of basic economic concepts that underlying energy production and end use.
2	Identify how local, regional, and global institutions affect energy markets and prices
3	Become familiar with historical and contemporary public policy issues related to energy globally.
4	Be able to apply this knowledge to analysis of specific energy industries and policy questions

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

ECO 2001 - MICROECONOMICS I
ECO 2003 - MACROECONOMICS I

Recomended Optional Programme Components

None

Course Contents

Week	Subject	Description
1	Energy basics, world energy consumption and trade
2	Overview of energy demand
3	Overview of Energy Supply
4	Fossil Fuel Markets
5	Fossil Fuel Markets
6	Externalities and Public Policy
7	Externalities and Public Policy
8	Financing Energy Development
9	Financing Energy Development
10	Presentation
11	Presentation
12	Presentation

Recomended or Required Reading

Carol A. Dahl, International Energy Markets: Understanding Pricing, Policies, and Profits, Tulsa: Pennwell, 2004.

Planned Learning Activities and Teaching Methods

1. Lectures
2. Class Discussions
3. Presentations

Assessment Methods

SORTING NUMBER	SHORT CODE	LONG CODE	FORMULA
1	MT	Midterm
2	PRS	Presentation
3	FN	Final
4	FCG	FINAL COURSE GRADE	MT * 0.40 + PRS * 0.20 + FN * 0.40
5	RST	RESIT
6	FCGR	FINAL COURSE GRADE (RESIT)	MT * 0.40 + PRS * 0.20 + RST * 0.40

Further Notes About Assessment Methods

1.Midterm
2.Final
3.Presentation

Assessment Criteria

1. The learner will clearly define the main features of energy markets.
2. The learner will define supply and demand for products in energy markets.
3. The learner will identify the government s role in energy market.

Language of Instruction

English

Course Policies and Rules

1. Attending at least 70 percent of lectures is mandatory.
2. Plagiarism of any type will result in disciplinary action.

Contact Details for the Lecturer(s)

To be announced.

Office Hours