ENRG 412 — Energy Economics and Finance
Credits: 3 Prerequisites: ACCT 200 , ECON 201 , and ECON 202 . Corequisite: ACCT 201 . This course serves as an introduction to corporate financial management in the energy industry. It covers both upstream and downstream of the fossil fuel industry, power generation, and the renewables sector, with an emphasis on the financing issues that energy facility managers handle. The primary objective of the course is to provide the concepts, framework, and tools needed to analyze financial decisions based on fundamental principles of economic and financial theories. Topics covered include corporate structures, risk management practices, introduction to capital budgeting techniques under uncertainty, asset valuation, the operation and efficiency of capital markets, the optimal capital structure and dividend policy of the firm and options.
Prerequisites: ACCT 200, ECON 201, ECON 202