This course aims to provide an introduction to the business of primary energy production. We will learn about the nature of demand and supply in the context of global energy markets, and business decisions for involvement in these markets. Students will be able to recognize the unique challenges facing the relevant companies. The course attempts to offer a broad perspective of these challenges for both businesses and policymakers in such dynamic and integrated global energy markets.
Course Credits: 3
Prerequisites: MRKT 3300
Student Learning Outcomes
By the end of this course, you will be able to:
- Evaluate the fundamentals needed to make sound economic, business, and government policy decisions relating to energy industries.
- Recognize the changing trends of energy markets through economics, mathematical optimization, simulation, and forecasting.
- Apply historical, institutional, engineering and technical knowledge of energy production, transportation, and transformation to real-life cases.
- Utilize models for understanding and managing energy resources in a global environment.