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ECON5504 Global Energy and Mineral Markets

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Non-standard teaching periodUWA (Perth)Face to face
Content
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.
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.

Supplementary assessment is not available in this unit.
Unit Coordinator(s)
Professor Peter Hartley
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
Co-requisites:
Nil.
Incompatibility:
Nil.
Contact hours
lectures/seminars/workshops: 5 intensive sessions of approximately 7 to 8 hours each
  • 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.