Economics and Investment Appraisal, 15 YH credits, gives you knowledge of the business economics found in the energy industry and a general understanding of external and internal accounting. You gain tools for basic analysis of financial results. The course trains you to propose and present investment proposals linked to resource-efficient energy use from a financial perspective.
The purpose of the course is to give the students knowledge of the cost of capital/discount rate, payback and discounted payback, investment/operating cost, maintenance cost and Life Cycle Cost (LCC). The goal of the course is to provide in-depth knowledge of the business economics found in the industry and an understanding of models and key concepts in product and investment costing, as well as basic external accounting.
The purpose of the course is to give the students knowledge of the cost of capital/discount rate, payback and discounted payback, investment/operating cost, maintenance cost and Life Cycle Cost (LCC). The goal of the course is to provide in-depth knowledge of the business economics found in the industry and an understanding of models and key concepts in product and investment costing, as well as basic external accounting.
Financial concepts and principles relevant to the energy industry.
Overview of the basics and purpose of accounting.
Tools for analysing and interpreting financial results.
Proposing and justifying investments linked to resource-efficient energy use.
The course is aimed at YH students in energy technology who need financial skills to assess investments in energy efficiency.
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