GAZI UNIVERSITY INFORMATION PACKAGE - 2019 ACADEMIC YEAR

COURSE DESCRIPTION
ECONOMY OF ENERGY/IKTI312
Course Title: ECONOMY OF ENERGY
Credits 3 ECTS 5
Semester 8 Compulsory/Elective Elective
COURSE INFO
 -- LANGUAGE OF INSTRUCTION
  Energy Economic
 -- NAME OF LECTURER(S)
  Prof. Müslüme Narin
 -- WEB SITE(S) OF LECTURER(S)
  http://websitem.gazi.edu.tr/site/muslume
 -- EMAIL(S) OF LECTURER(S)
  muslume@gazi.edu.tr, muslumenarin@gmail.com
 -- LEARNING OUTCOMES OF THE COURSE UNIT
At the end of this course successful students will have knowledge about the role of energy in the economy.
They will have knowledge about the energy markets and about the properties of energy supply and demand
They will have learned how the oil, coal and natural gas markets.
They will knowledge about the privatization of elecricity markets and electricity production.
They will have learned the structure of OPEC monopoly.
They will have knowledge about the externalities and energy pollution.
They will have knowledge about the public goods and global climate change.
 -- MODE OF DELIVERY
  The mode of delivery of this course is face to face and carried out research.
 -- PREREQUISITES AND CO-REQUISITES
  There is no preprequisite or co-requisite for this course.
 -- RECOMMENDED OPTIONAL PROGRAMME COMPONENTS
  There is no recommended optimal programme component for this course.
 --COURSE CONTENT
1. Week  Introduction and basic concepts
2. Week  The role of energy in the economy
3. Week  Energy sources
4. Week  Energy supply and demand
5. Week  World oil markets
6. Week  Energy Market Arrangements for Electric and Natural Gas
7. Week  Energy policies in World
8. Week  Midterm exam
9. Week  Perfect competition and the coal Industry
10. Week  Natural monopoly and electricity generation
11. Week  Privatization of electricity generation
12. Week  Monopoly and OPEC
13. Week  Market structure, transaction cost economics and Turkey natural gas markets
14. Week  Externalities and energy pollution
15. Week  Public goods and global climate change
16. Week  Final exam
 -- RECOMMENDED OR REQUIRED READING
  Carol A. Dahl, International Energy Markets: Understanding Pricing, Policies and Profits, 2004. Subhes C. Bhattacharyya, Energy Economics: Concepts, Issues, Markets and Governance, 2011. Develi, Abdulkadir / Kaynak, Selahattin (eds.), Energy Economics, Peter Lang, Frankfurt am Main, Berlin, Bern, Bruxelles, New York, Oxford, Wien, 2012.
 -- PLANNED LEARNING ACTIVITIES AND TEACHING METHODS
  Lecture, question & answer, demonstration, drill-practise
 -- WORK PLACEMENT(S)
  Not Applicable
 -- ASSESSMENT METHODS AND CRITERIA
 
Quantity
Percentage
 Mid-terms
1
40
 Assignment
0
0
 Exercises
0
0
 Projects
0
0
 Practice
0
0
 Quiz
0
0
 Contribution of In-term Studies to Overall Grade  
40
 Contribution of Final Examination to Overall Grade  
60
 -- WORKLOAD
 Efficiency  Total Week Count  Weekly Duration (in hour)  Total Workload in Semester
 Theoretical Study Hours of Course Per Week
15
3
45
 Practising Hours of Course Per Week
0
 Reading
15
2
30
 Searching in Internet and Library
15
1
15
 Designing and Applying Materials
0
 Preparing Reports
0
 Preparing Presentation
0
 Presentation
0
 Mid-Term and Studying for Mid-Term
1
15
15
 Final and Studying for Final
1
20
20
 Other
0
 TOTAL WORKLOAD: 
125
 TOTAL WORKLOAD / 25: 
5
 ECTS: 
5
 -- COURSE'S CONTRIBUTION TO PROGRAM
NO
 PROGRAM LEARNING OUTCOMES
1
2
3
4
5
1Having theoretical knowledge in international trade management, international business administration, international logistic international law areas and having ability and professional expertise in terms of implementationX
2Having professional competence in order to be assigned in various private and public sector institutions like national and international trade organizations and unions, economics consultancy offices, under secretariat of foreign trade and foreign trade officesX
3Having knowledge about other disciplines like business administration, economics, law, public administration and international relations that are related to international tradeX
4Being able to behave according to principles of ethical behaviors in all international trade areasX
5Having abilities about issues like information technologies, basic computer programs and foreign language that are needed to perform international trade activitiesX
6Being aware of the economical, political and cultural integrations and systems in his/her country and all over the world, to be able to position the country and organization while performing activates related to his/her areaX
7Beeing capable of identifying problems in his/her field, access to relevant resources, having knowledge about the legislation and abilities to produce scientific knowledge and analyzing-synthesizing abilities to carry out a researchX
8Having knowledge and qualifications to carry out and complete a national and an international projectX
9Carrying out activities relevant to his/her field, having critical, creative and innovative thinking abilitiesX
10Having theoretical and practical knowledge and abilities needed to undertake international trade activities related to export-import, exchange, regional collaborations and organizations, free zone practicesX
11Having knowledge and abilities about transporting, storing, supply chain management, risk analysis and insurance and to carry out national and international logistic activities
12Having basic business administration information about production, management, marketing, accounting, finance and human resources in order to undertake international trade and having abilities about quantitative methods that help to have this knowledge
13Pursuing and applying legislation information about national and international trade law, public law and private law in order to manage international trade operations