Accounting and Economics in Oil and GasModule Details

Module Description

The module Accounting and Economics in Oil and Gas is designed to develop specialist knowledge and practice of accounting, audit and financial management for oil and gas activities from an international perspective.

Module Aim

The aim of the module is to equip students with knowledge and skills in accounting and economics in the field of oil and gas sector.

Module Learning Outcomes

After completion of the module students should be able to:
1.    Evaluate concepts and principles highlighting the operation of oil and gas markets
2.    Apply the principles of oil and gas economics when making a decision regarding the oil and gas industry
3.    Assess accounting practices and regulatory systems used in various countries to manage their oil and gas industries
4.    Analyse energy markets by applying all the necessary economic principles
5.    Apply economic modelling approaches to eliminate risk and instability when dealing with oil and gas issues