course-details-portlet

TPG5110

Petroleum Economics

Credits 7.5
Level Second degree level
Course start Spring 2011
Duration 1 semester
Language of instruction English
Examination arrangement Written examination

About

About the course

Course content

Oil price model; An introduction to the economic theory of exhaustible resources. Capital budgeting techniques and decision analysis: The main methods of evaluation of investment projects - including the effects of taxes and price variations, cost of capital and the main principles in economic risk analysis.

Learning outcome

Enhance understanding of the principal economic framework within petroleum sector.

Learning methods and activities

Lectures and exercises. If there is a re-sit examination, the examination form may be changed from written to oral. Lectures are held in English.

Compulsory assignments

  • Exercises

Course materials

Detailed information will be given at the beginning of the course.

Credit reductions

Course code Reduction From
MSG4140 7.5 sp
This course has academic overlap with the course in the table above. If you take overlapping courses, you will receive a credit reduction in the course where you have the lowest grade. If the grades are the same, the reduction will be applied to the course completed most recently.

Subject areas

  • Managerial Economics, Finance and Operations Research
  • Business Econimics and Management
  • Industrial Economics
  • Investment and Cost Analyses
  • Operations Research
  • Petroleum Geosciences
  • Petroleum Engineering

Contact information

Course coordinator

Examination

Examination

Examination arrangement: Written examination
Grade: Letters

Ordinary examination - Spring 2011

Written examination
Weighting 100/100 Date 2011-06-03 Time 09:00 Duration 4 timer Place and room Not specified yet.

All about examinations at NTNU