Course Catalog - 2024-2025

     

EEPS 484 - 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:
Must be enrolled in one of the following Level(s):
Undergraduate Professional
Visiting Undergraduate
Undergraduate
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: EEPS 684. Recommended Prerequisite(s): (EEPS 321 or ESCI 321) and (EEPS 323 or ESCI 323). Mutually Exclusive: Cannot register for EEPS 484 if student has credit for EEPS 684.