Nov 21, 2025  
PUBLISHED 2025-2026 Credit Catalog 
    
PUBLISHED 2025-2026 Credit Catalog

ECON 404 - Petroleum Economics


Description
The course will introduce basic economics concepts with their terminology, including the time value of money and discounted cash flows, and cover taxes and land resource ownership in Alberta, partnership agreements, Alberta Government agencies and their roles, oil and gas production rate limitations in Alberta, sales contracts in Alberta, and profitability analysis.

 



1.5 Credits

Time Guidelines
The standard instructional time for this course is 60 hours.