The Economics and Finance of Energy

Energy is a central focus of international economics and finance. The financial markets in North America, Europe and Asia have long been concerned with coal, oil and gas. As with any commodities, their pricing, transportation and insurance are subject to rapid fluctuations reflecting numerous factors. This course examines these factors and includes a discussion of anticipated future trends in demand, consumption, efficiency and safety. How do the recent mergers of major multinational oil companies affect energy economics and finance? The investment opportunities for research and development of alternate energy sources are also considered.