New York University
School of Continuing and Professional Studies
M.S. Program in Global Affairs
Economics and Finance of Energy, Y45.2420
Fall 2010
September 1, 2010
INSTRUCTOR: Chris Gadomski
http://www.smidirect.net/nyu
OFFICE HOURS: Wednesdays by appointment
OFFICE PHONE:914.993.9060
E-mail:gadomski@nyu.edu
REQUIRED TEXTBOOKS
Energy is a central focus of international economics and finance. As with any commodities, their pricing, transportation and insurance are subject to rapid fluctuations reflecting numerous factors. This course examines these factors and includes a discussion of anticipated future trends in demand, consumption, efficiency and safety and how companies and countries react to these changes. The course also examines project finance and its role in the development of the energy sector. The investment opportunities for the development of alternate energy sources are also considered through the use of online models where students evaluate the internal rate of return on proposed renewable energy investments.
Please
note that the following is a preliminary list subject to additions and deletions
until the first day of class. All books are available online at Amazon. Click
on link below to go directly to Amazon.
Required
• Hossein Razavi, Financing Energy Projects in Emerging Economies, (Tulsa, Oklahoma: Pennwell Publishing, 1996) ISBN 0-87814-469-2 or (2007) ISBN 978-1-59370-124-6
• Robert Bryce, Power Hungary, (New York: Public Affairs, 2010) ISBN 9781586487898
• The Wall Street Journal, The Financial Times, The New York Times or the Economist. Bring relevant articles to each class for discussion.
Suggested/Supplementary
• Matthew R. Simmons, Twilight in the Desert, (Hoboken, New Jersey: John Wiley & Sons, 2005) ISBN 0-471-73876-x, and
• Will McNamara, The California Energy Crisis, (Tulsa, Oklahoma: Pennwell Publishing, 2002) ISBN 0-87814-844-2
• Thomas L. Friedman, The World Is Flat, (New York: Farrar, Straus and Giroux, 2005) ISBN 0-374-29288-4
• Malcom Grimston and Peter Beck, Double or Quits? The Future of Civil Nuclear Energy, (London: Earthscan/James & James Press, 2002) ISBN 1853839132
• Howard Geller, Energy Revolution, (Washington, DC: Island Press, 2003) ISBN 1-55963-965-2
• Jeremy Rifkin, The Hydrogen Economy, (New York: The Penquin Group, 2002) ISBN 1-58542-254-1
• Sonia Labatt and Rodney White, Carbon Finance, (Hoboken, NJ, John Wiley & Sons, Inc., 2007) ISBN 978-0471-79467-7
• Daniel Yergin, The Prize, (New York: Free Press, 1993) ISBN 0671799320
• Daniel Yergin and Joseph Stanislaw, The Commanding Heights, (New York: Simon & Shuster, 1998) ISBN 068482975
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