ECTS - Energy and Environment Economics

Energy and Environment Economics (ENE424) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Energy and Environment Economics ENE424 3 0 0 3 5
Pre-requisite Course(s)
Course Language English
Course Type N/A
Course Level Bachelor’s Degree (First Cycle)
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Discussion, Question and Answer, Drill and Practice, Project Design/Management.
Course Coordinator
Course Lecturer(s)
Course Assistants
Course Objectives Economics of energy demand, production, storage, and pricing; advanced energy policy issues including regulation, climate change, and new energy technology. Energy market from primary resources to end-users
Course Learning Outcomes The students who succeeded in this course;
  • Examining costs and prices in energy market
  • Understanding the market mechanisms and analyzing
  • Dealing with the international markets and the future of energy market
  • Gaining ability how to manage emissions, transmission, and distribution
Course Content Energy market; mechanisms, analysis, trading, costs, pricing, emissions, transmission and distribution.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 Introduction Chapter 1
2 Market Mechanisms Chapter 2
3 Basic Generation Energy Costs Chapter 3
4 Alternative Energy Sources Chapter 4
5 Emissions Chapter 5
6 Transmission Chapter 6
7 Distribution Chapter 7
8 Midterm Exam
9 End User Charges and Prices Chapter 8
10 Market Trading, Cross-border Trading Chapter 9,12
11 Market Analysis Chapter 10
12 Investment Appraisal Chapter 13
13 Market Performance Chapter 14
14 Market Developments Chapter 15
15 Long Term Scenarios Chapter 16
16 Final Exam


Course Book 1. Power Markets and Economics: Energy Costs, Trading, Emissions by Dr. Barry Murray, 2009, Wiley
Other Sources 2. Energy and the Environment, 2nd Edition by Robert A. Ristinen, Jack P. Kraushaar, 2006, Wiley
3. Energy and Climate Change: Creating a Sustainable Future by David Coley, 2008, Wiley
4. Energy Systems Engineering: Evaluation and Implementation, 1st Edition, Francis Vanek, Cornell University---Ithaca, Louis D. Albright, Cornell University, Ithaca, 2008, Mc-Graw Hill.
5. Environmental Impact Assessment, Larry Canter, 2nd Edition, 1996, Mc-Graw Hill
6. Alternative Energy For Dummies, Rik DeGunther, 2009, Wiley

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation - -
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments 2 25
Presentation - -
Project 1 25
Report - -
Seminar - -
Midterms Exams/Midterms Jury 1 50
Final Exam/Final Jury 1 40
Toplam 5 140
Percentage of Semester Work 60
Percentage of Final Work 40
Total 100

Course Category

Core Courses
Major Area Courses X
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

# Program Qualifications / Competencies Level of Contribution
1 2 3 4 5
1 An ability to apply knowledge of mathematics, science, and engineering.
2 An ability to design and conduct experiments, as well as to analyse and interpret data.
3 An ability to design a system, component, or process to meet desired needs.
4 An ability to function on multi-disciplinary teams.
5 An ability to identify, formulate, and solve engineering problems.
6 An understanding of professional and ethical responsibility.
7 An ability to communicate effectively.
8 The broad education necessary to understand the impact of engineering solutions in a global and societal context.
9 Mühendislik çözümlerinin küresel ve toplumsal boyutlarda etkisini anlamak için gereken kapsamlı eğitim.
10 A knowledge of contemporary issues.
11 An ability to use the techniques, skills, and modern engineering tools necessary for engineering practice.
12 Skills in project management and recognition of international standards and methodologies.

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours) 16 3 48
Special Course Internship
Field Work
Study Hours Out of Class
Presentation/Seminar Prepration
Project 1 18 18
Homework Assignments 5 4 20
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury 2 15 30
Prepration of Final Exams/Final Jury 1 10 10
Total Workload 126