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Energy and Petroleum Economics

Course Description: This course is an economics of energy and oil course, not a general energy policy course. It covers a range of theoretical and applied topics related to energy and oil demand, supply, and prices, as well as the environmental impacts of their consumption and production. It also addresses various public policies affecting demand, supply, prices, and environmental consequences. The course aims to discuss these issues within the «Energy-Economy-Environment» (3E) framework, using economic analysis tools.
Credit hours: 3
Objectives of the course :

Integrating theoretical frameworks of energy and oil economics within the context of economic policy formulation.
• Ability to build meaningful economic assumptions and analyses based on diverse sources and references.
Practice good governance and logical thinking from an analytical economic perspective.
• Application of critical evaluation and objective analysis of published works through self-learning and clear research methodologies.
• Active participation in contemporary discussions on current economic issues related to the energy and oil sector in the Kingdom of Saudi Arabia, on both theoretical and practical levels.
Possess effective communication skills and a spirit of teamwork through close collaboration with others.

Course outputs :

1.0 Knowledge and Understanding:
1.1 Defining advanced concepts in energy and oil economics, including demand, supply, pricing, and environmental impacts.
1.2 Explanation of theoretical and applied frameworks related to energy markets and environmental policies.
1.3 Employing Economic Theories to Analyze Energy Market Dynamics and Environmental Challenges.

 

2.0 Skills:
Effectively present research findings in the field of energy and oil economics, both in written and oral presentations.

3.0 Values, Independence, and Responsibility
3.1 Collaborate effectively within work teams on group projects addressing contemporary issues in energy and oil economics.
3.2 Evaluating Ethical and Political Issues Associated with Energy Markets and Environmental Sustainability.

Additional information:
  • Last updated: 2026-05-10

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