Student guide Facoltà di Economia A.A. 2011/12

The course gives an initial introduction to the mechanics of world energy markets. How demand and supply factors determine world energy prices. Both short  and long term variables are taken into account.  Specific attention is given to the role of different types of economic cycles. The second part of the course concentrates on  how world energy prices can be forecasted.  After a description of the various available methods, the course focuses on applications real world energy prices.

1- General introduction

2- World market’s classification in economic international practice. The main sectors of world markets

3- Research process in prices’ construction in the world energy resources markets

4- Using the behaviour of different types of economic cycles in the research and forecasting market’s situation

5-  Energy resources market’s research methodic

6- The influence of commodities exchanges on the prices’ movement in the world markets

7.  The main stage of modeling the economic situation and export’s prices.

8. The process of forecasting of fuel resources markets with an application of scenario method.

9. Model’s constructions of world export prices for mineral resources.

10. Methodology of making schemes of current and future situations in the fuel resources markets.

Student will be evaluated on the basis of class attendance and a final written exam.

Material will be suggested by the instructor.