Energy Economics
Course Code
TM4053
Number of Credits
3
Semester
Course Type
C
Study Material
| Study Material | Depth |
|---|---|
| Basic concepts of energy economics Energy in the context of economics | |
| Energy pricing World oil market and OPEC | |
| Energy planning and policy The environment in the energy economy | |
| Energy project financing | Expert |
| Energy project case studies | Express |
Graduate Learning Outcomes (GLO) carried by the course
| CPMK Code | Course Learning Outcomes Elements (CLO) |
|---|---|
| CPMK 1 | Students are able to understand the meaning of energy economics in the context of economics (microeconomics, macroeconomics and industrial economics) along with the concepts and methodology in determining energy prices. |
| CPMK 2 | Students are able to understand the limits of energy prices from upstream to downstream, primary and secondary energy prices in Indonesia as well as the development of the world oil market to the formation of international oil prices from various oil price systems and the main factors outside of fundamentals that influence the world oil market. |
| CPMK 3 | Students are able to understand the structure of the Organization of Petroleum Exporting Countries (OPEC) which includes market share and challenges in the world oil market as well as the interpretation of the OPEC economic model. |
| CPMK 4 | Students are able to understand the basic concepts and dominant factors in energy planning to integrated energy management planning which includes the formulation of national energy policy and national energy-cum-economics in energy policies and strategies to the environment in energy economics along with externalities and policy bases. |
| CPMK 5 | Students are able to understand energy projects which include capital structure and basic funding in financing based on funding schemes to types of contracts and types of energy projects. |
Learning Method
- Face-to-face lectures, group discussions, case studies, assignments, quizzes
Learning Modality
- Offline
Assessment Methods
- UTS (30%), UAS (30%), Assignments (20%), Quizzes (20%)