Energy, Business, and Finance Minor

We often face investment decisions, whether in our personal lives or our jobs. Investment projects involve payments at different times in a project's life. Capital costs are usually paid at early stages, but revenue is generated in the future. Time affects the value of money, and these values can't be compared directly. In EME 460, Geo-Resources Evaluation and Investment Analysis, we will learn methods to evaluate investment projects.

Geography 431 is designed to further understanding of the natural processes of aquatic ecosystems, management of water resources, and threats to sustaining water quantity. Develop awareness and appreciation of the perspectives about water as a precious resource, commodity, and sometimes hazard. Learn how and why water is distributed unevenly around the Earth. Examine how resource management decisions are strongly related to water availability, quantity, and quality.

Energy policy sits at the crossroads of science and policy. And now, energy and climate policy are inextricably linked; the policies we choose have very real consequences for our climate. This intersection of science and policy is chaotic and bustles with activity motivated by various competing (and conflicting) interests and factors. We must understand the motivations driving them and bridge the divides between our reliance on fossil fuels and our need to transition to less carbon-intensive and renewable alternatives.

Global Finance for the Earth, Energy, and Materials Industry covers the physical and financial aspects of energy commodities with the focus on crude and natural gas. The physical "path" of each commodity from the point of production to the point of use will be explained, as well as the "value chain" that exists for each. Commodity market pricing, both cash and financial, will be presented, encompassing industry "postings" for cash, commodity exchanges, and "over-the-counter" markets.

Have you seen a Clean Coal baseball cap? In the challenge to meet soaring energy demand with limited resources, volatile issues like those related to the environment, national security and public health are often addressed outside of normal market transactions and are called externalities, or nonmarket factors. Stakeholders can act in resourceful ways to create a nonmarket environment that best serves their interest. A firm may challenge a law that makes it expensive or difficult to do business or compete with others, for example.

Is Energy and GIS your passion? If so, Energy Industry Applications of GIS provides students with an in-depth exploration of the complexities of siting decisions in the electricity market. The course introduces a variety of siting challenges that confront the energy industry and its customers and neighbors but focuses on the siting of electrical transmission lines. The course also provides hands-on experience with a common decision support technology, ArcGIS, and considers how the technology may be used to facilitate public participation in siting decisions.

What is energy? It's the hot in heat, the glow in light, the push in wind, the pound in water, the sound of thunder and the crack of lightning. It is the pull that keeps us (and everything else!) from simply flying apart, and the promise of an oak deep in an acorn. It is all the same, and it is all different. Sunshine and waterfalls won't start your car, and wind won't run the dishwasher. But, if we match the form and timing of the energy with your needs, all of these things could be true.

Introduction to Energy and Earth Sciences is an introduction to microeconomic fundamentals with a focus on the applications of economics to energy and environmental markets. We will introduce the economic method of analysis to the environmental and resource questions facing society. We will learn about the market forces, supply and demand and how they are formed from two concepts of law of Diminishing Returns and Diminishing Marginal Utility. We extend our knowledge by exploring factors such as market dynamics and market equilibrium, government intervention and market power.

Geography 430 is an active, creative learning community focused around understanding the changing relationships between people and their environments, the causes and consequences of environmental degradation, strategies for building a more sustainable world, and the methods and approaches that scholars have used to understand human-environment interactions.

Have you purchased gasoline and wondered at the price changes? Or worn your polyester jacket and wondered how it kept you warm, or been thankful your phone didn't break when you dropped it? These are just some benefits the petroleum industry brings to our world. Other aspects to the global world market involve natural disasters, wars, rumors of wars, national security, and consumer demand. Learn about oil production and how nations respond as EGEE 120 gives you a foundation of how industry interacts with you, governments, transportation, politics, and the world.