A master’s degree in energy economics may be of interest to those concerned about the use and supply of energy in our world. With some analysts predicting that annual spending in the global clean energy economy will exceed one trillion dollars (USD) by 2020, a master’s degree in energy economics could open up a lot of doors. Get a proper undergraduate degree before beginning this path, and then figure out which area of energy economics interests you the most. Before making a final decision, find out which schools offer this degree and what courses are required. Consider pursuing additional education in the field of energy economics in which you wish to specialize.
A master’s degree in energy economics is available from a number of universities. A bachelor’s degree is required for all of these postgraduate programs. The difficulty is deciding where to work in this field and which courses will be most beneficial to your undergraduate and postgraduate studies. You could work in finance and study economic theory, or you could work in politics and help to develop future energy policy. Most career counselors will advise you to learn more about the fields in which you are most interested before pursuing the one that best suits you.
Many fields of study, in addition to economics, are associated with this type of degree, so take some time to consider all of your options. Because energy economics is intertwined with geology, energy engineering, ecology, and political science, a master’s degree in energy economics may benefit from additional coursework in these fields. Those pursuing a master’s in energy economics may be able to take courses in topics such as climate change policy, supply security, sustainability, demand response, and environmental policy. Different fields necessitate different courses and training, so be sure to select the appropriate courses for the field you wish to work in.
Concentrate on obtaining additional training in your specific area once you’ve chosen a specialization and obtained the necessary training and education to earn a master’s in energy economics. Obtaining a doctoral degree in a related field may open up more possibilities in this field. Seminars and symposiums can provide additional training on topics such as mineral resource policy, renewable energy regulation, energy industry restructuring, and a variety of other topics.