Studying online

There are now 2 possible online modes for units:

Units with modes Online timetabled and Online flexible are available for any student to self-enrol and study online.

Click on an offering mode for more details.

Unit Overview

Description

This unit aims to provide an understanding of markets for energy and mineral commodities and especially how those markets differ from other sectors of the economy. The objective of the unit is to increase understanding of the basic economic factors shaping mineral and energy markets. At the completion of the unit, participants should also be able to apply basic economic concepts to analyse policy issues and business decisions arising in the mineral and energy industries.

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Trimester 2UWA (Perth)Face to face
Outcomes

Students are able to (1) explain the major forces shaping the evolution of mineral and energy markets; (2) use economic concepts to analyse the issues arising in these industries or to improve the presentations on issues relevant to these industries; and (3) present a written, logically sound and persuasive argument for a particular course of action for a business operating in the mineral or energy industries.

Assessment

Indicative assessments in this unit are as follows: (1) class participation; (2) group assignment; and (3) essay. Further information is available in the unit outline.



Student may be offered supplementary assessment in this unit if they meet the eligibility criteria.

Unit Coordinator(s)
Professor Allan Trench
Unit rules
Prerequisites
ECON5503 Economic Management and Strategy
and FINA5530 Managerial Finance.
enrolment in
the Master of Business Administration (coursework)
or the Master of Business Administration (coursework and dissertation).
or MGMT5524 Strategic Management of Resources Companies
and enrolment in
the Graduate Certificate of Minerals and Energy Management.
or enrolment in
the Master of Engineering in Oil and Gas.
or approval from The Business School only, which will be determined with regard to relevant documented professional work experience
Contact hours
lectures/seminars/workshops: up to 3 hours per week
  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
  • All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
  • Unit readings, including any essential textbooks, are listed in the unit outline for each unit, one week prior the commencement of study. The unit outline will be available via the LMS and the UWA Handbook one week prior the commencement of study. Reading lists and essential textbooks are subject to change each semester. Information on essential textbooks will also be made available on the Essential Textbooks. This website is updated regularly in the lead up to semester so content may change. It is recommended that students purchase essential textbooks for convenience due to the frequency with which they will be required during the unit. A limited number of textbooks will be made available from the Library in print and will also be made available online wherever possible. Essential textbooks can be purchased from the commercial vendors to secure the best deal. The Student Guild can provide assistance on where to purchase books if required. Books can be purchased second hand at the Guild Secondhand bookshop (second floor, Guild Village), which is located on campus.
  • Contact hours provide an indication of the type and extent of in-class activities this unit may contain. The total amount of student work (including contact hours, assessment time, and self-study) will approximate 150 hours per 6 credit points.