COLLEGEOFBUSINESS the UCOMBA

COLLEGEOFBUSINESS –The UCOMBA

MBA5182: Survey of Energy

INSTRUCTOR: / Travis Roach,Ph.D.
Office:Thatcher 221 / Phone:405-974-2934
Email:
OfficeHours: Tuesday: / 8:00am–9:30am
Wednesday: / 11:00am–2:00pm

*Availabledowntown othertimesbyappointment

Class:Blocktwo,Oct 12thtoDec14th

TIMEOFCLASS:Thursdayfrom5:30p.m.–9:30p.m.inCarnegie Center

UCOMBAMISSIONSTATEMENT:

TheMBAProgramattheUniversityofCentralOklahomaprovidesauniquelearningexperiencethat will giveeach graduatethemanagerialand leadershipskillstobeproductive, creative,ethical,andengaged,excellingineverydaydecision-makinginvariedbusinessenvironments.

COURSEDESCRIPTION:

Survey of Energy explores burgeoning issues, technological advancements, and the dynamic regulatory environment of major energy systems; e.g. foreign and domestic oil and gas production, transportation, and consumption; electricity markets and wholesale generation, distribution, and renewable energy generation. Further, this course serves as an introduction to financial transactions, lease or power purchase agreements, and the energy derivatives market (futures, swaps, etc.).

TRANSFORMATIVELEARNINGSTATEMENT:

TheUniversityandtheCollegeofBusinessarecommittedtoprovidingstudentstransformativelearningexperiencesinsixcoreareas:disciplineknowledge;leadership;research,creativeandscholarlyactivities;servicelearningandcivicengagement;globalandculturalcompetencies;andhealthand wellness.Thisclasssupportsthese goalsby:

1.Developingstudents’basicknowledgeofenergy markets and energy systems.(DisciplineKnowledge)

2.Discussingandanalyzingtheimpactofenergy consumption on economic well-being, global climate change, and the connection between the United States and developing market economies.(Leadership/GlobalandCulturalCompetencies)

3.Analyzingand solvingrealworldproblemsrelated toenergy markets and energy systems throughgroupresearchprojects.(Research,CreativeandScholarlyactivities)

LEARNINGOUTCOMES:

Bytheendof thecourse,successful studentswill be able to:

1.Evaluate regulatory policies that affect major energy systemsand their successes or failures in limiting market power or advancing technology improvements

2.Explain the roles and issues faced by government, firms, and consumers over the entire ‘supply chain’ of major energy systems

3.Predict how macroeconomic and local economic policies affect supply and demand in energy markets

4.Discuss and compare generation and production technologies in major energy systems

5.Interpret and analyze different hedging measures in energy markets and financial transactions

REQUIREDBOOKS/MATERIALS:

Thirst for Power – Michael Webber
EIA Today in Energy

Selected readings course packet

ACCOMMODATIONS:

TheUniversityofCentralOklahoma complieswithSection504oftheRehabilitationActof1973and theAmericanswithDisabilitiesActof1990.Studentswith disabilitieswhoneed specialaccommodationsmustcontacttheassistantdirectorofDisabilitySupportServices,Kim Fields, inroom309oftheNighUniversityCenter,(405)974-2549. Itisthestudent’sresponsibilitytocontacttheinstructorassoon aspossibleaftertheDSShasverifiedtheneed for accommodationsto ensurethat suchaccommodationsare implemented inatimelyfashion.

ACADEMICAFFAIRSINFORMATIONSHEET:

TheUniversityofCentralOklahoma Student InformationSheetand SyllabusAttachmentisavailableandcurrentlylocatedattheURLprovidedbelow.Studentsarerequiredtoread andfamiliarizethemselveswiththisdocument.The informationcontainedinthisdocumentisconsideredpartofthe course syllabus.

ATTENDANCEPOLICY:

LikeallMBAcourses, attendance inBADM 5005atallclassmeetings(bothon campusand on-line) iscriticaltoyoursuccess.Studentsin theMBAprogramarerequiredtomaintainaminimum85%attendancerecord.Anyattendance andparticipationlessthan85%will automaticallyresultina gradeof Fforthecourse.For ourcourse, an85%attendance recordmeansyoucanmissnomore thanapproximately6½hoursof in-classinstructiontime,whichequatestoabout4missed classes.OnlyUniversityclosuresandmilitaryemergenciesareacceptableexcusesformissingclass;so,becertainthatyoumanagework,illness,andothercourseconflictssincenone ofthese will be considered excusesforanyabsence.

FATALERRORPOLICY:

AllMBAcoursesfollowtheFatalErrorPolicy,which meansallwritten assignmentsmust meetminimalpresentationstandardstobeacceptableforgrading.Thesestandardsaddressspelling,punctuation, format,

andbasicgrammar.ThetermFatalErrorsreferstotechnicalAmericanEnglisherrorsofform.Specificallytheyincludethefollowing:a)each different word misspelled;b)eachsentencefragment;c)eachrun-onsentenceorcommasplice;d)eachmistake incapitalization;e)eachseriouserror inpunctuationthatobscuresmeaning;

f)eacherrorinverbtenseor subject/verb agreement;g)lackofconformitywithassignmentformat;and,h)each impropercitation,orlackofcitation,whereoneisneeded.Paperswithmorethanthree (3)fatal errorsmarked byaninstructoron any onepage,will needtobe revisedandresubmitted assharedinthe pass/failpolicy.

Schedule ofCourseTopics(Fall BLOCK2):

Oct 12 / Introduction
Overview of energy systems / Energy systems, technology, and overview of regulatory policy
Oct 19 / NOCLASS / NOCLASS
Oct 26 / Supply and demand in energy markets / Forecasting supply and demand in energy markets
Nov 2 / Oil and Gas Economics and Finance (Upstream production decisions, land lease agreements)
Problem Set 1 / Oil and Gas Economics and Finance (Midstream distribution and refining, Global forces, Market power and regulation, retail gasoline markets)
Nov 9 / Current issues in oil and gas regulation / Student Presentations 1
Nov 16 / Electricity Economics and Finance (wholesale generation and distribution, market power and regulation)
Problem Set 2
 / Electricity Economics and Finance (pooling authorities, transmission systems)
Nov 23 / NOCLASS / NOCLASS
Nov / Nov 30 / Electricity Economics and Finance (regulated vs. deregulated systems
Problem Set 3 / Student Presentations 2
Dec 7 / Technology Advancements (Renewable energy production and distribution) / Policy Advancements (Carbon dioxide policy and global climate change)
Dec 14 / Student Presentations 3 / Final Paper

FINAL GRADE WEIGHTS

Problem Sets (10% each) – 30%

Student Presentations (15% each) – 45%

Final Paper – 25%