11742 (v.2) WASM Mineral Commodity Analysis 301

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Area:	WASM Mineral Economics Teaching Area
Contact Hours:	3.0
Credits:	25.0
Lecture:	1 x 2 Hours Weekly
Tutorial:	1 x 1 Hours Weekly
Prerequisite(s):	8931 (v.3) Economics (Micro) 203
Metals, non metals and energy. Major determinants of metal demand. Demand functions and elasticities. Major determinants of metal supply. Byproducts and coproducts. Secondary production. Market instability. Stockpiles. Long run price forecasts. Solid fuelresources, technologies and delivery systems. Demand and supply for solid fuel resources. Demand and supply for oil and gas.