Course Details

Course Information

Semester	Course Unit Code	Course Unit Title	T+P+L	Credit	Number of ECTS Credits	Last Updated Date
1	DSBE528	ENERGY ECONOMICS & POLICY	3+0+0	3	7,5	12.05.2025

Course Details

Language of Instruction	English
Level of Course Unit	Master's Degree
Department / Program	DATA SCIENCE
Type of Program	Formal Education
Type of Course Unit	Elective
Course Delivery Method	Face To Face
Objectives of the Course	Describing the total amount of energy used in the world economy over time, the trends in energy intensity, the trends in energy prices. Identifying the key traditional and alternative energy resources and technologies, and analyzing their development costs, production structure, market characteristics and special issues. Comparing the social costs of traditional and alternative energy use with respect to climate change, other environmental impacts, and human health, and analyzing the basic methods used to arrive at these social cost estimates. Explaining what “energy security” means, how it relates (or not) to import dependence, how it can be measured, and how traditional and alternative energy resources and technologies rank in terms of energy security impacts.
Course Content	The main purpose of the course is to provide and examine necessary information for understanding basic problems in energy economics. Subjects are developed in order to cover policy tools for analyzing market failures and solving related problems. In addition, topics such as energy and electricity markets, definition and analysis of resource and energy trading markets are examined.
Course Methods and Techniques	Traditional in class lectures and real life applications and cases will be utilized.
Prerequisites and co-requisities	None
Course Coordinator	Associate Prof.Dr. Umut Türk umut.turk@agu.edu.tr
Name of Lecturers	None
Assistants	None
Work Placement(s)	No

Recommended or Required Reading

Resources	-
Course Notes	Course materials will be provided throughout the semester

Course Category

Mathematics and Basic Sciences	%10
Social Sciences	%25
Field	%65

Planned Learning Activities and Teaching Methods

Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"

Assessment Methods and Criteria

In-Term Studies	Quantity	Percentage
Yarıyıl İçi Çalışmalarının Başarı Notunun Katkısı	1	% 20
Quiz/Küçük Sınav	2	% 10
Ödev	2	% 10
Proje/Çizim	1	% 20
Sunum/Seminer	1	% 10
Final examination	1	% 30
Total	8	% 100

ECTS Allocated Based on Student Workload

Activities	Quantity	Duration	Total Work Load
Ev Ödevi	2	5	10
Sınıf İçi Aktivitesi	5	3	15
Sunum için Hazırlık	1	5	5
Sunum	1	3	3
Proje	1	20	20
Kısa Sınav	2	2	4
Okuma	10	2	20
Kişisel Çalışma	10	5	50
Takım/Grup Çalışması	4	10	40
Yüz Yüze Ders	14	3	42
Derse Devam	14	1	14
Final Sınavı	1	2	2
Total Work Load			Number of ECTS Credits 7,5 225

Course Learning Outcomes: Upon the successful completion of this course, students will be able to:

No	Learning Outcomes
1	Discuss research literature on energy economics and policy issues.
2	Describe current energy market trends and relations between current conditions and historical markets.
3	Describe theoretically and empirically the energy demand and supply, and how they interact in a market.
4	Analyze the effects of energy and environmental policies on the supply and demand of different types of energy

Weekly Detailed Course Contents

Week	Topics	Study Materials	Materials
1	Course Introduction, Overview of Energy Economics	Review syllabus and evaluation structure	Syllabus
2	Energy Types and Global Energy Outlook	Review energy resource classifications	IEA Report
3	Energy Supply and Demand: Theoretical Foundations	Revise supply-demand concepts	Lecture notes
4	Energy Demand Forecasting and Elasticity	Study demand forecasting methods	Practice examples
5	Energy Prices and Market Mechanisms	Analyze price formation	Reading material
6	Fossil Fuel Markets: Oil, Natural Gas, Coal	Research key market players	Textbook chapter
7	Renewable Energy Sources and Technologies	Explore examples of solar/wind/biomass	Article + case study
8	Midterm Exam	Review previous content	-
9	Energy Efficiency Policies and Economic Impacts	National examples of efficiency policies	Policy document
10	Carbon Tax and Emissions Trading System	Research carbon pricing	Reading + visual material
11	Energy Security and Geopolitical Risks	Analyze import dependence data	Lecture notes
12	Energy Poverty and Social Policy Measures	Data on household access to energy	Case study
13	Student Presentations / Policy Scenarios	Finalize project and report	Student presentations
14	Course Review and Wrap-up	Final exam preparation	Summary slides

Recommended Optional Programme Components

Veri yok

Contribution of Learning Outcomes to Programme Outcomes

	P1	P2	P3	P4	P5	P6	P7	P8	P10
C1		2	3	3		4	5	5	5
C2		2	3	5		5	4	5	5
C3	5	4	5	5	5	5	5	4	5
C4	5	4	5	5	5	5	5	4	5

Contribution: 1: Very Slight 2:Slight 3:Moderate 4:Significant 5:Very Significant

https://sis.agu.edu.tr/oibs/bologna/progCourseDetails.aspx?curCourse=76791&lang=en

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