GAZI UNIVERSITY INFORMATION PACKAGE - 2019 ACADEMIC YEAR

COURSE DESCRIPTION
ENERGY ECONOMICS/2090046
Course Title: ENERGY ECONOMICS
Credits 3 ECTS 7.5
Semester 2 Compulsory/Elective Elective
COURSE INFO
 -- LANGUAGE OF INSTRUCTION
  Turkish
 -- NAME OF LECTURER(S)
  Prof. Müslüme NARİN
 -- 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
 -- 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. - Joanne Evans and Lester C. Hunt (Edited by), International Handbook on the Economics of Energy, 2009. - Jean-Michel Glachant and François Leveque (Edited by), Electricity Reform in Europe: Towards a Single Energy Market, 2009. - Stern Review: “The Economics of Climate Change”, 2006. -Müslüme Narin, “Türkiye’nin Enerji Yapısı ve İzleyeceği Öncelikli Politikalar”, ASODOSYA, 2008. - Akın Marşap, Müslüme Narin “Çağdaş Enerji Yönetiminde Yeni Açılımlar: Ekolojik Çevre, İklim Değişikliği ve Yaşam Kalitesi”, VII. Ulusal Temiz Enerji Günleri, 17-21 Aralık 2008, İstanbul. - Müslüme Narin, “Türkiye’de Elektrik Enerjisi Sektörüne Yönelik Politikalar v
 -- PLANNED LEARNING ACTIVITIES AND TEACHING METHODS
  Lecture, question & answer, demonstration, drill-practise
 -- WORK PLACEMENT(S)
  -
 -- 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
3
45
 Searching in Internet and Library
15
2
30
 Designing and Applying Materials
0
 Preparing Reports
0
 Preparing Presentation
0
 Presentation
0
 Mid-Term and Studying for Mid-Term
1
30
30
 Final and Studying for Final
1
30
30
 Other
1
7
7
 TOTAL WORKLOAD: 
187
 TOTAL WORKLOAD / 25: 
7.48
 ECTS: 
7.5
 -- COURSE'S CONTRIBUTION TO PROGRAM
NO
 PROGRAM LEARNING OUTCOMES
1
2
3
4
5
1To have theoretical knowledge in the field of Economic Policy at the proficiency levelX
2To have knowledge about the general economic theories, monetary and fiscal policiesX
3To conceive the interaction between economics and other disciplinesX
4To analyze theoretical knowledge and to be able to use practical knowledgeX
5To develop solutions for economic problems by using research methodsX
6To have the experience of using information technologies and basic computer programs at the high level in order to share their accumulated knowledge and problem solving abilityX
7To communicate with colleagues by using a foreign languageX
8To have the ability to interpret economic and social events through the acquired capability to think analytically and critically, and to be open for innovative ideasX
9To have a sound knowledge of the quantitative and qualitative methods that will help to examine the premises of different theoriesX
10To be compatible for teamwork in order to use their accumulated knowledge in research projectsX
11To be able to work on matters that require expertise in economics independentlyX
12To be aware of professional and scientific ethical codes at stages of economic data collection and interpretationX
13To be able to use their leadership skills by taking responsibility in the face of complex economic problemsX