Energy Economics

Energy Economics

Amid global climate change and energy crises, Energy Economics has become a crucial field influencing economic policies and sustainable development worldwide. If you are looking for a highly applicable major with vast career opportunities and strong future prospects, Energy Economics is the ideal choice.

Program Introduction

This program integrates energy and economics, covering topics such as energy strategy selection, energy financing, energy forecasting, and the organizational structure of energy enterprises. It focuses on energy as the primary research object while incorporating aspects of economic management. 

Students will study the fundamental knowledge and methods related to energy economics and its operational management, become familiar with the operational laws of energy economics and relevant policies and regulations, and master modern energy economic analysis methods and management skills. 

Graduates can work in energy enterprises, government energy management departments, energy trading and intermediary organizations, and academic and research institutions, engaging in energy forecasting and early warning analysis, energy policy research, and energy management.

Educational Objectives

The Energy Economics program aligns with the national "Dual Carbon" goals and the strategic needs for ecological civilization and sustainable development. It aims to meet the urgent and long-term demand for professionals in energy economics analysis and management. 

The program is committed to cultivating well-rounded professionals with a solid foundation in economic theories. Graduates will be equipped with the ability to analyze energy issues from both public policy and industrial organization perspectives, master fundamental knowledge and skills related to energy forecasting, energy finance, and energy industry organization, and be proficient in relevant computer programming languages and big data science methods. 

The curriculum emphasizes innovation, an international perspective, and practical skills. Graduates will be prepared to work in government energy and environmental management departments, energy enterprises, energy management divisions of large and medium-sized enterprises, and various research institutions, meeting the talent demands of national and regional governments and enterprises in advancing carbon peaking and carbon neutrality.

Graduation Requirements

Students must meet the university’s educational philosophy and training standards, ensuring they acquire the necessary knowledge, skills, and professional qualities upon graduation. The specific graduation requirements include:

• A. Building a solid foundation in applied economics and developing an analytical perspective in economics;

• B. Understanding energy and environmental issues from a public policy perspective;

• C. Understanding energy and environmental issues from an industrial organization perspective;

• D. Analyzing and interpreting the operational laws of energy and environmental systems;

• E. Evaluating energy and environmental policies from multiple dimensions;

• F. Identifying, analyzing, and solving problems using scientific methods for energy economic research;

• G. Demonstrating effective communication, teamwork, and project management skills;

• H. Developing strong humanities and social science literacy, social responsibility, and professional ethics.

Core Courses

• Microeconomics

• Macroeconomics

• Industrial Economics

• Energy Economics

• Consumer Economics

• Energy Strategy Management

• Energy Enterprise Operation and Management

• Energy Futures Markets and Trading

• Environmental Economics

• Energy Project Management

• Renewable Energy Utilization

• Energy Pricing Theory and Application

• Energy Finance Theory and Practice

• Environmental Management Systems and Accounting

• Statistics

• International Trade

• Money and Banking

• Econometrics

Research Directions in Energy Economics

• Energy Market Analysis: Studying the operational mechanisms, price formation, and market competition in energy markets.

• Energy Policy and Management: Examining the formulation, implementation, and evaluation of energy policies.

• Renewable Energy Economics: Analyzing the economic benefits and promotion strategies of renewable energy.

• Energy and Environment: Investigating the impact of energy development and utilization on the environment and policy responses.

• Energy Technology Economic Evaluation: Assessing the economic feasibility and market prospects of emerging energy technologies.

Degree Awarded

Students who complete the required credits within the designated study period and meet the university’s degree conferral conditions will be awarded a Bachelor of Economics degree.

Career Prospects

The scope of energy economics is broad, encompassing low-carbon economy, green energy, and ecological economy, all of which involve energy management and environmental protection. Graduates are suitable for employment in:

• Various energy operation and management departments

• Public institutions and financial institutions, including major banks

• Energy enterprises and their energy planning and management divisions

• Multinational energy production and trade enterprises

• Energy logistics enterprises

• Energy investment and trading institutions

They can engage in energy production and management, energy futures and options trading, international energy cooperation and development, as well as market research, policy analysis, strategic planning, business operations, and management. Graduates may also pursue teaching and research roles in universities and scientific research institutions.

Common Career Paths for Energy Economics Graduates

• Bank Teller

• Sales Representative

• Project Specialist/Assistant

• Cashier

• Human Resources Manager

• Financial Assistant

Related Majors

• Economics

• Economic Statistics

• National Economic Management

• Resource and Environmental Economics

• Business Economics

• Labor Economics

• Economic Engineering

• Digital Economy

Ranking of Universities Offering Energy Economics

• Renmin University of China

• Beihang University (Beijing University of Aeronautics and Astronautics)

• Chongqing University

• China University of Petroleum (Beijing)

• Shanxi University of Finance and Economics

• Hubei University of Technology

• Henan University of Economics and Law

• Inner Mongolia University of Finance and Economics

• Shandong Technology and Business University