Energy Business and Finance Minor (EBF)

The Energy Business and Finance Minor (EBF) is designed for persons interested in energy production and management, sustainability management, foreign and domestic energy and sustainability policy analysis, and many other careers related to energy and sustainability. Many of the courses for the EBF Minor are available as part of these Open Educational Resources.

Geo-Resource Evaluation and Investment Analysis

Credit: Port Arthur Texas by user:12019 is licensed under CC0

Course Description

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.

Course Description

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.

Energy in a Changing World

Credit: Green city concept, cut the leaves of plants, isolated over white by kirillov alexey, licensed through Shutterstock used with permission

Course Description

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.

Global Energy Enterprise

Credit: Lobbying 161689 by OpenClipart-Vectors is licensed under CC0

Course Description

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.

Oil: International Evolution

Credit: Oil Pump Machine Under Orange Sunset from Pexels is licensed under CC0

Course Description

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.

Energy Conservation

Credit: Lightbulbs by Dreamstine is licensed under CC0

Course Description

Much of the general population believes that the energy sources we depend on are perpetual. While people believe that energy use is the culprit for environmental damage, they are not aware of the methods and principles by which energy conversion devices operate. This course will provide you with knowledge and information on the main operating principles of devices/appliances in common use and will help you in making energy efficient and economical choices.

Energy Policy

Credit: Purple Flowers by winterseitler is licensed under CC0

Course Description

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.

Energy Industry Applications of GIS

Credit: Stormast by Inactive account 127071 is licensed under CC0

 

Course Description

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.

Human Use of the Environment

Credit: Green 2558976 by StockSnap is licensed under CC0

Course Description

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.

Course Description

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.

Course Spotlight

pile of maps

Cartography and Visualization (GEOG 486) covers design principles and techniques for creating maps with contemporary mapping tools. Students will be introduced to future-focused application topics such as augmented and virtual reality, mapping with multivariate glyphs, the visual depiction of uncertainty, interactive geovisualization, and (geo)visual analytics, and decision-making with maps and mapping products. Visit the course.

Faculty Spotlight

Maria Wherley

Maria Scalzi Wherley (she, her) is a Learning Designer and Writer-in-Residence with the John A. Dutton e-Education Institute at Penn State. She has more than 20 years of teaching experience. Learn more about Maria to see what she has to say about online education.