Course Information

Course Name	Turkish	Petrol ve Doğal Gaz Ekonomisi
	English	Petroleum and Natural Gas Economics
Course Code	PET 412	Credit	Lecture (hour/week)	Recitation (hour/week)	Laboratory (hour/week)
Semester	8	3	3	-	-
Course Language		Turkish
Course Coordinator		Gürşat Altun
Course Objectives		The objective of this course is to develop the students ability to design and conduct oil, natural gas and geothermal projects, experiments and applications either individually or as a part of a team and to develop and improve the students ability in oral and written communications.
Course Description		Oil and gas economy-politics. Profitability measures (payout PGI, ROR, NPV, etc.). Decision analysis, expected monetary value. Risk analysis methods for uncertain oil and gas investments.
Course Outcomes		Students, who passed the course, satisfactorily can: 1. Have knowledge of evaluating industrial projects, 2. Make decision analysis, 3. Understand risk and risk uncertainty, 4. Evaluate risky and uncertain investments.
Pre-requisite(s)
Required Facilities
Other
Textbook
Other References