- 2 students
- 4 lessons
- 3 quizzes
- 10 week duration
Expand your knowledge of world energy markets.
Master the economic theory you need to analyse key issues in the energy industry.
This online course will give you an in-depth understanding of the microeconomic modelling techniques used by economists, and their application in the energy sector.
The course is part of our Energy Economics and Finance programme, four online short courses that combine to give you the fundamental economic skills you need for a successful career in the energy industry or government organisations.
Complete all four and, subject to satisfactory performance, you’ll have the opportunity to progress to our on-campus Masters in Petroleum, Energy Economics and Finance.
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ECON 3067: Energy Economic
The world has taken a new form and life in this century requires a new approach. Small and individual enterprise in last world, replaced by large organizations and large industrial and productive economic system today is based on the activities of such enormous institutions. Management of large public and private institutions need to competent, capable and experienced management for accurate planning. such expert managers have to circulating the heavy wheels of large organizations in our century, there is no doubt in this reality. Decisions, including important and small decisions, constitute the bulk of managers duties, cannot be decided with an empty mind. Decisions requires having the right and exact data and statistics, when the principal can perform their duties, that have adequate information about issues related to their work. Planning is not possible without such information. Accounting system for any organization, if be accurate, regular and correctly, is one of the best sources of information supply that managers need them to programs and projects in large and small decisions. As a complete and accurate accounting system can provide the most reliable data, therefore, in this century, attention to accounting is more than the past. Today accountants function is not limited to addition and subtraction of numbers, in the present world Accountant is responsible and they have important tasks. The result of the accountants activity and bills and reports that prepared is like a torch can bright the way of managers and directors of large organizations and help them to judge on performance of employing and installations in the past and plan for the future to best use the opportunities. The actual identification of accounting systems in developing countries in many years ago and particular attention to the field of accounting cause become as an independent field of academic subjects. Currently many of the world's great universities teach the youth branch of the accounting and professional organizations around of the world in various fields of accounting to doing significant domain researches. This book is includes important and usable discussion of the principles and concepts of financial accounting, including basic concepts, understanding financial statements and their analysis, also some discussions about Cost Accounting and Financial Management and Audit.
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