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Course Offerings

Course Evaluation Results

Course Details

Fall 2017-2018
ORF 455   Graded A-F, P/D/F, Audit

Energy and Commodities Markets

Ronnie Sircar

This course is an introduction to commodities markets (energy, metals, agricultural products) and issues related to renewable energy sources such as solar and wind power, and carbon emissions. Energy and other commodities represent an increasingly important asset class, in addition to significantly impacting the economy and policy decisions. Emphasis will be on the term structure of commodity prices: behavior, models and empirical issues

Sample reading list:
Eydeland & Wolyniec, Energy and Power Risk Management
G. Swindle, Valuation and Risk Management in Energy Markets
Bain, C., The economist guide to commodities
C. Pirrong, Commodity Price Dynamics

Reading/Writing assignments:
4-5 homeworks, occasional readings

Requirements/Grading:
Mid Term Exam - 15%
Final Exam - 35%
Oral Presentation(s) - 15%
Problem set(s) - 35%

Other Requirements:
Open to Juniors, Seniors, and Graduate Students Only.

Prerequisites and Restrictions:
ORF335 or instructor's permission required.

Reserved Seats:
Juniors and Seniors Only 17
Open to Graduate Students Only 18

Schedule/Classroom assignment:

Class numberSectionTimeDaysRoomEnrollmentStatus
20243 L01 1:30 pm - 2:50 pm M W   Julis Romo Rabinowitz Building   198   Enrolled:30 Limit:35 Closed
20244 P01 7:30 pm - 8:20 pm W   Engineering Quad E-Wing   E225   Enrolled:30 Limit:40 Closed