Course Catalog - 2017-2018

     

ESCI 415 - DECISION MAKING AND ECONOMICS

Long Title: DECISION MAKING AND ECONOMICS IN THE ENERGY INDUSTRY
Department: Earth/Environmnt/Planetary Sci
Grade Mode: Standard Letter
Language of Instruction: Taught in English
Course Type: Lecture
Credit Hours: 3
Restrictions:
May not be enrolled in one of the following Level(s):
Graduate
Description: This course will provide students with an understanding of how energy projects are evaluated. Topics include resource-size determination, geologic and economic risk, discounted cash-flow economics, and other common methods used in decision making. Emphasis will be placed on working in teams to understand basic concepts and sensitivities. Graduate/Undergraduate Equivalency: ESCI 615. Recommended Prerequisite(s): ESCI 321 and ESCI 323. Mutually Exclusive: Cannot register for ESCI 415 if student has credit for ESCI 615.