Mathematics, Mathematics for Economists, Microeconomics I, Microeconomics II, Macroeconomics I, and Macroeconomics II.
The aim of this course is to teach the role of the energy in production of goods and services and how changes in energy supplies and energy prices affect macroeconomic activity.
Learning basic concepts of energy economics
Learning the role of energy in production.
Analyzing energy supply, energy demand, and alternative energy sources.
Determining the macroeconomic effects of energy prices
Course Learning Outs and Proficiencies
The main learning output of this course is to learn how to analyze the relationships between energy, energy prices, and alternative energy sources and macroeconomic activity.
-Harun Öztürkler ve Hakan Çermikli (2008), Enerji Ekonomisi ve Türkiye’nin Enerji Sorunları, Yayına Hazırlanmaktadır.
-Guido Buenstorf (2004), The Economics of Energy and the Production Process, Edward Elgar Publishing, Massachusetts.
-Dasgupta, P. S. and G. M. Heal, 1979, Economic Theory and Exhaustible Resources, Cambridge University Press, Cambridge.
-Kavak, K., 2005, Dünyada ve Türkiye’de Enerji Verimliliği ve Türk Sanayiinde Enerji Verimliliğinin İncelenmesi (Energy Efficiency in the World and Turkey and Investigation of Energy Efficiency in the Turkish Industry), State Planning Organization, Publication Number 2689, Ankara.
Midterm 30% and Final 70%
Semester Course Plan
Energy Economics: Basic Concepts
A Short History of Energy Economics
Energy Types and Reserves
Energy as a Factor of Production
Energy Prices and Production Costs
Energy Supply Security
Alternative Energy Sources
Turkey’s Energy Problems
Turkey’s Energy Policies
European Union’s Energy Policies
Turkey as an Energy Bridge
Energy and Environmental Problems