Marché de matières premières

Crédit : 3 ECTS
Langue du cours : anglais

Volume horaire

  • CM : 18 h

Description du contenu de l'enseignement

Planning course :
  • 3 sessions for all students (S.Meritet)
- Session 1 - Introduction on energy markets, energy goods and world energy situation
- Session 2 - Natural gas markets: fundamentals, LNG, unconventional gas, long term contracts, etc.
- Session 3 - Electricity markets and renewable energies: fundamentals, renewable energies competitiveness, price regulation , etc.
 
  • 3 Sessions for Corporate students (S.Meritet)
- Session 1 - Fossil fuel economics
- Session 2 - Electric power industry
- Session 3 - Developing countries and energy investments
 
  • 3 Sessions for Market students (J.Chevallier)
- Session 1 - Focus on carbon markets and emissions trading : market mechanisms and price development in the EU ETS and the Kyoto Protocol’s Clean Development Mechanism
- Session 2 - Agricultural products : commodity by commodity analysis, link with the macro-economic environment and fundamental value
- Session 3 - Industrial metals and precious metals : commodity by commodity analysis, link with the macro-economic environment and fundamental value

Mode de contrôle des connaissances

Examen final.

Pré-requis recommandés

M1 finance, économétrie, mathématiques, grandes écoles de commerce ou d’ingénieur.

Pré-requis obligatoires

M1 et cours en finance de marché.

Bibliographie, lectures recommandées

  • Bhattacharyya, Subhes C.(2011), “Energy Economics : Concepts, Issues, Markets and Governance”, 1st Edition., 2011, XXVI, 721 p. 267 illus., 83 in color.
  • Chevallier, J. and Ielpo, F. 2013. “The Economics of Commodity Markets”. Editions: Wiley Finance (360 pages). ISBN: 978-1-119-96791-0.
  • Chevalier JM (2011), The New Energy Crisis : Climate, Economics and Geopolitics, ed. JM Chevalier, Palgrave.
  • Dahl C. (2011), International Energy Markets : Understanding Pricing, Policies, and Profit, Pennwell Press.

Enseignant responsable

SOPHIE MERITET



Année universitaire 2017 - 2018 - Fiche modifiée le : 12-07-2017 (10H18) - Sous réserve de modification.