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Energy economics studies cover various energy sources; issues concerning their use; and economical factors involved with energy production, use, and conservation. To earn a Doctor of Philosophy (PhD) in energy economics, you will have to find a school that offers this program and then make sure you can meet its admission and prerequisite requirements. Once enrolled, you will likely study a range of topics, including energy issues and problems, mineral resource policies, energy regulation, and economics as it factors into energy topics. Often, these programs require a three- to seven-year commitment to studying, though programs vary from institution to institution.
The first step in earning a PhD in energy economics is finding a school that offers it as a program. Unlike some of the more common majors, this type of degree program can be hard to find in some places. This means you may have fewer choices when it comes to schools in which you can enroll or that you will have to travel more of a distance to get to the school you want to attend. Additionally, you will need to consider the admission requirements of the program in which you want to enroll, as some programs may be more strict when it comes to deciding whom they will admit.
You will also have to consider the perquisites required when you want to earn a PhD in energy economics. Some programs might require you to earn a bachelor's or master's degree prior to admission. In some countries, a person might need an honors degree to gain acceptance to this type of program. Additionally, some programs may specify course prerequisites in energy, science, or math.
The time commitment you have to make to earn a PhD in energy economics will generally depend on the requirements of the program in which you enroll. Often, however, a person needs about three to seven years to complete this kind of program. You will likely need to spend more time on this type of program if you will attend part time, but you can finish faster if you pursue this degree on a full-time basis.
As you work to earn a PhD in energy economics, you will likely study a range of related topics. This may include subjects such as mineral resource policy and economics, which covers the economic factors involved in the mineral industry. You might also study the manner in which the energy industries are regulated and factors involved in regulation. This type of program will also introduce you to a range of energy issues and the economic factors that affect them as well as a number of related topics.
Usually, a PhD in energy economics program will include more that just classroom studies. In most cases, research is involved, and you will typically have to complete a dissertation. Some programs incorporate participation in a related internship as well.