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ENERGY ECONOMICS AND SUSTAINABILITY PROGRAMME COURSE DESCRIPTION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
UTI430 ENERGY ECONOMICS AND SUSTAINABILITY 5 3 3 5

GENERAL INFORMATION

Language of Instruction : Turkish
Level of the Course Unit : BACHELOR'S DEGREE, TYY: + 6.Level, EQF-LLL: 6.Level, QF-EHEA: First Cycle
Type of the Course : Elective
Mode of Delivery of the Course Unit -
Coordinator of the Course Unit Assoc.Prof. BÜLENT İLHAN
Instructor(s) of the Course Unit
Course Prerequisite No

OBJECTIVES AND CONTENTS

Objectives of the Course Unit: This course aims to introduce the importance of fossil energy resources in our life, effects of them on environmental costs, basics of developments in the field of energy and improve aptitude for producing a solution to minimize energy costs
Contents of the Course Unit: Contents of the course include introduction to energy economy, energy sector, sustainable energy, Geopolitics and its importance, energy sources and transformation of them, energy markets: Coal market, energy markets: Crude Oil and Natural Gas, renewable energy sources: Geothermal Energy, Biofuel and Cycle, Sun and Wind energy, Hydroelectricity and Nuclear, energy costs, Photovoltaic Transformation Technique and economy policies subjects for energy.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)

Assess the indoor air quality
Assess how the energy saving can be realized
Examine necessary methods in order to reduce energy costs
List general situation in Turkey and around the world and alternative sources
Examine the relation between energy and sustainable growth
Compare the relation between energy and competitive power

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY

Week Preparatory Topics(Subjects) Method
1 Reading Introduction to Energy Economy Lecture & Question and Answer & Discussion
2 Reading Energy Sector Lecture & Question and Answer & Discussion
3 Reading Sustainable Energy Lecture & Question and Answer & Discussion
4 Reading Geopolitics and Its Importance Lecture & Question and Answer & Discussion
5 Reading Energy Sources and Transformation of Them Lecture & Question and Answer & Discussion
6 Reading Energy Markets: Coal Market Lecture & Question and Answer & Discussion
7 Reading Energy Markets: Crude Oil and Natural Gas Lecture & Question and Answer & Discussion
8 - MID-TERM EXAM -
9 Reading Renewable Energy Sources: Geothermal Energy, Biofuel and Cycle Lecture & Question and Answer & Discussion
10 Reading Sun and Wind Energy Lecture & Question and Answer & Discussion
11 Reading Hydroelectricity and Nuclear Energy Costs Lecture & Question and Answer & Discussion
12 Reading Energy Costs Lecture & Question and Answer & Discussion
13 Reading Photovoltaic Transformation Technique Lecture & Question and Answer & Discussion
14 Reading Economy Policies Subject for Energy Lecture & Question and Answer & Discussion
15 Reading General Revision Lecture & Question and Answer & Discussion
16 - FINAL EXAM -
17 - FINAL EXAM -

SOURCE MATERIALS & RECOMMENDED READING

Celikay, F., Bayrac, N. ve Cildir, M. (2018). Kuresellesme Surecinde Surdurulebilir Enerji Politikalari. 1st Edition, Bursa: Ekin Bookstore.
Kilinc, B. (2016). Enerji Ekonomisi: Turkiye’nin Enerji Sektoru ve Alternatif Enerji Kaynaklari. Bursa: Dora Publications.
Aybers, N. ve Sahin, B. (1995). Enerji Maliyeti. Istanbul: Yildiz Teknik Üniversitesi Publications.
Schwarz, P. (2017).Energy Economics. London, United Kingdom: Taylor & Francis Ltd.
Mucuk, M. Ve Uysal, D. (2009). Türkiye Ekonomisinde Enerji Tüketimi ve Ekonomik Büyüme, Maliye Dergisi, S, 157, ss.105-115.

ASSESSMENT

Assessment & Grading of In-Term Activities Number of Activities Degree of Contribution (%) Description
Level of Contribution
0 1 2 3 4 5

CONTRIBUTION OF THE COURSE UNIT TO THE PROGRAMME LEARNING OUTCOMES

KNOWLEDGE

Theoretical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Define the basic concepts of economics, administrative and human sciences. (Bloom 1)
2
Evaluate the economic environment and overall sustainability of firms. (Bloom 4)

KNOWLEDGE

Factual

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Relate principles and concepts of economics and finance with other disciplines. (Bloom 4)
2
Define principles, concepts, methods and theories related with economics and finance. (Bloom 1)

SKILLS

Cognitive

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Interpret the charts and tables related to the field. (Bloom 2)

SKILLS

Practical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Evaluate the theoretical models of economic policies which have direct or indirect effects by using the facts and dynamics of the economic system.(Bloom 4)
2
Analyze economic and financial reports. ((bloom 4)
3
Use basic mathematics, statistics and econometric methods and tools to solve economic and financial problems. (Bloom 3)
4
Interpret the operation of current economic, political and social events by using institutional information related with Economics and Finance.(Bloom 2)

OCCUPATIONAL

Autonomy & Responsibility

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Organize economic and financial activities in humanitarian and social terms with adherence to ethics. (Bloom 4).

OCCUPATIONAL

Learning to Learn

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Develop a critical perspective on national and international economic, political, social, financial and development problems. (bloom 6)

OCCUPATIONAL

Communication & Social

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Follow the agenda on economics, politics and social issues and improve himself/ herself. (bloom 6)

OCCUPATIONAL

Occupational and/or Vocational

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Analyze current issues and problems by using the structure and properties of Macro and Microeconomics and variables. (Bloom 4)
2
Evaluate the effectiveness of the general economic system and public policies and their effects on markets and basic economic variables.(Bloom 4)
3
Analyze the cause and effect relationships between the relevant economic variables. (Bloom 4)
4
Evaluate the expected trends and portfolio analyzes in interest and exchange rates within the framework of the general financial system. (Bloom 4)

WORKLOAD & ECTS CREDITS OF THE COURSE UNIT

Workload for Learning & Teaching Activities

Type of the Learning Activites Learning Activities (# of week) Duration (hours, h) Workload (h)
Lecture & In-Class Activities 14 3 42
Preliminary & Further Study 13 2 26
Land Surveying 0 0 0
Group Work 0 0 0
Laboratory 0 0 0
Reading 0 0 0
Assignment (Homework) 0 0 0
Project Work 0 0 0
Seminar 0 0 0
Internship 0 0 0
Technical Visit 0 0 0
Web Based Learning 0 0 0
Implementation/Application/Practice 0 0 0
Practice at a workplace 0 0 0
Occupational Activity 0 0 0
Social Activity 0 0 0
Thesis Work 0 0 0
Field Study 0 0 0
Report Writing 0 0 0
Final Exam 1 1 1
Preparation for the Final Exam 7 5 35
Mid-Term Exam 1 1 1
Preparation for the Mid-Term Exam 5 4 20
Short Exam 0 0 0
Preparation for the Short Exam 0 0 0
TOTAL 41 0 125
Total Workload of the Course Unit 125
Workload (h) / 25.5 4,9
ECTS Credits allocated for the Course Unit 5,0