Course Catalog - 2018-2019

     

ECON 614 - POLITICAL ECONOMY OF OIL

Long Title: POLITICAL ECONOMY OF OIL IN DEVELOPING COUNTRIES
Department: Economics
Grade Mode: Standard Letter
Course Type: Lecture
Credit Hours: 4
Restrictions:
Must be enrolled in one of the following Level(s):
Graduate
Must be enrolled in one of the following Degree(s):
Master of Energy Economics
Description: This course evaluates the political and economic determinants of oil and gas policies in developing countries and their impact on world markets, the interaction between states and oil companies, the challenges of oil wealth management, and the causal links between resource dependency, development, institutions, and political regimes. Although the main focus is on oil production, natural gas is also analyzed, and both are compared to other natural resources. Emphasis is on the analysis of institutional change and the functions of institutional change in the energy industry using data-driven methods to examine case studies.