Information Package

ECO440

ENERGY ECONOMICS

Course Code
ECO440
Semester
-
Theory+Practice
3 + 0
ECTS
5
Course TypeElective Course
Course LevelBachelor's Degree
Year of Study-
Semester-
ECTS5
Name of Lecturer(s)
Learning Outcomes

At the end of this course, the students;

  1. Learn the concepts and basic issues related to energy,
  2. Learn energy sources, historical development of energy use and transformation,
  3. Learn energy investments and energy markets,
  4. Learn energy strategies, regulatory system and incentive mechanism,
  5. Learn the security of supply in energy and its effects on sustainable growth policies,
  6. Learn the operation and reporting systems of energy organizations,
  7. Learn the relationship between energy consumption and economic policies.
  8. Differentiate between the energy markets and regulatory policies in Turkey and the rest of the world.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsNone
Course DescriptionThis course is designed to teach the economic dimension of energy.
Course Contents
WEEK TOPICS
1st Week Introduction, Concepts, Energy, History, Life, Transformation
2nd Week Resources: Coal, Oil, Nuclear, Natural Gas
3rd Week Resources: Water, Wind, Solar, Geothermal, Biomass
4th Week Consumption, Generation, Supply and Demand Planning
5th Week Strategy, Regulation, Incentive Mechanisms and Sector: European Union
6th Week Strategy, Regulation, Incentive Mechanisms and Sector: Türkiye
7th Week Midterm
8th Week Project Development, Feasibility, Finance,Construction, Operation & Maintenance
9th Week Security of Supply
10th Week Energy Markets and Carbon Market
11th Week Economic Development and Energy Policies
12th Week Energy Geopolitics and Risk Management
13th Week Organizational Structures: IEA, WEC, IRENA, DOE, MENR, EMRA
14th Week Transmission and Electrical Energy in the National and International Context
Recommended or Required ReadingNecdet Pamir, Enerjinin İktidarı, 4. Baskı, hayykitap, 2017
A.Z.Gürler, D.B.Budak, B. Ayyıldız, E.Kaplan, Enerji Ekonomisi, Nobel, 2020
H.N. Bayraç, F. Çemrek, Enerji Ekonomisi ve Politikaları, EKİN, 2020
Schwarz, Peter M. Energy Economics Routledge 2018
Zweifel, P., Praktiknjo, A., Erdmann, G. Energy Economics, Springer 2017
Bhattacharyya, S. C. (2019). Energy economics: concepts, issues, markets and governance. Springer Nature.
Planned Learning Activities and Teaching Methods
  • Lecture
  • Questions/Answers
  • Discussion
  • Project
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 25
Project 1 20
Attendance 1 30
Total(%) 75
Contribution of In-term Studies to Overall Grade(%) 75
Contribution of Final Examination to Overall Grade(%) 25
Total(%) 100
ECTS Allocated Based on Student Workload
Activities Quantity Duration (Hour) Total Workload (Hour)
Midterm exam 1 1.5 1.5
Preparation for Quiz 0 0 0
Individual or group work 14 3 42
Preparation for Final exam 0 0 0
Course hours 14 3 42
Preparation for Midterm exam 1 20 20
Laboratory (including preparation) 0 0 0
Final exam 1 2 2
Homework 0 0 0
Project 1 50 50
Total Work Load157.5
Total Work Load / 30 (h)5.25
ECTS Credit of the Course5
Language of InstructionEnglish
Work Placement(s)No
LO1 LO2 LO3 LO4 LO5 LO6 LO7 LO8
K1 X X X X
K2 X X
K3 X X X X X
K4 X
K5 X X
K6
K7
K8 X
K9 X X X
K10 X X
K11 X
K12 X
K13 X X