| Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | | MM219 | Energy Economics and Policies | Elective | 1 | 1 | 6 |
|
| Level of Course Unit |
| Second Cycle |
| Objectives of the Course |
| To learn about the development and implementation of effective strategies for supply and demand by analysis of energy issues. To teach the information within the scope of macroeconomics and microeconomics topics in the context of energy economics. To teach economical balances and cost issues in the energy sector. To gain perspectives on energy politics, criteria and applications. |
| Name of Lecturer(s) |
|
| Learning Outcomes |
| 1 | Having knowledge about macroeconomics and microeconomics, | | 2 | To learn about energy economy, | | 3 | To learn about energy politics, | | 4 | To make economic analyzes of energy resources and energy projects, | | 5 | having knowledge about energy modeling |
|
| Mode of Delivery |
| Normal Education |
| Prerequisites and co-requisities |
| None |
| Recommended Optional Programme Components |
| None |
| Course Contents |
| Basic concepts of economy; The basis of macroeconomics and microeconomics; Economic analysis of energy projects; Financial analysis of energy investments; Energy politics and related criteria, global, regional and local energy situation, energy and economic growth and historical development; Regulation in energy markets, liberalization and competition; Energy projection, global energy markets, energy balance; Energy indicators; Analysis and modeling of energy policy. |
| Weekly Detailed Course Contents |
|
| 1 | Meaning of energy, economy and policy concepts | | | | 2 | The rules of the economy; Macroeconomics and microeconomics | | | | 3 | Rules of energy economy | | | | 4 | Criteria for energy politics | | | | 5 | Chronological evaluation for energy economy and energy politics | | | | 6 | Examination of conventional energy sources from economic and political point of view | | | | 7 | ınvestigation of alternative energy sources in economic and political terms | | | | 8 | Mid-term exam | | | | 9 | Economic analysis of energy projects | | | | 10 | Reserve assessment and economic analysis for energy resources | | | | 11 | Modeling methods for energy economics and politics | | | | 12 | Casting simulation applications in coarse casting | | | | 13 | Energy situation assessment for Turkey | | | | 14 | Future projections for energy for the world | | | | 15 | Future projections for energy for TURKEY | | |
|
| Recommended or Required Reading |
| Pascual, C., Elkind, J., Energy Security: Economics, Politics, Strategies, and Implications, Brookings Institution Press, Washinghton D.C., 2009.
Munasinghe, M., Meier, P., Energy Policy Analysis and Modelling (Cambridge Energy and Environment Series), Cambridge University Press, N.Y., 2008.
Schaffer, B., Energy Politics, University of Pennsylvania Press, 2011. |
| Planned Learning Activities and Teaching Methods |
|
| Assessment Methods and Criteria | |
| Midterm Examination | 1 | 100 | | SUM | 100 | |
| Final Examination | 1 | 100 | | SUM | 100 | | Term (or Year) Learning Activities | 40 | | End Of Term (or Year) Learning Activities | 60 | | SUM | 100 |
| | Language of Instruction | | Turkish | | Work Placement(s) | | None |
|
| Workload Calculation |
|
| Midterm Examination | 1 | 1 | 1 |
| Final Examination | 1 | 2 | 2 |
| Attending Lectures | 14 | 3 | 42 |
| Practice | 1 | 12 | 12 |
| Project Preparation | 1 | 12 | 12 |
| Seminar | 1 | 6 | 6 |
| Self Study | 14 | 5 | 70 |
| Individual Study for Mid term Examination | 1 | 10 | 10 |
| Individual Study for Final Examination | 1 | 12 | 12 |
|
| Contribution of Learning Outcomes to Programme Outcomes |
|
| * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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