Master of Energy Economics

Program Learning Outcomes for Master of Energy Economics Students graduating from this program will: Understand basic economic and statistical principles useful for analyzing and understanding commercial and other influences on energy markets. Know important details about the energy industry including relevant basic scientific, economic, and political factors that shape the sector. Appreciate how to combine the basic principles with specific knowledge to gain valuable insights into issues affecting the energy sector. Develop quantitative skills to better utilize data to inform strategic decisions. Be better able to communicate insights arising from the economics perspective on issues affecting the energy sector. Make more informed decisions on such things as the capital budgeting or strategic decisions of energy firms, or future energy market developments. Be better able to critically assess suggestions from others about how best to handle challenges affecting the energy sector. Obtain insights into commercially-oriented analysis through internships. Degree Requirements for Master of Energy Economics For general university requirements for graduate study, see Graduate Degrees. The professional masters degree Master of Energy program requires students to complete 40 credit hours in 12 months, organized in four sessions. Sessions I and II correspond to the Fall and Spring semester, respectively, and follow the standard Rice academic calendar. Sessions III and IV are two consecutive 7-week long sessions that take place during the summer. 3 courses in Session I (Fall semester) ECON 601 Energy Economics I ECON 602 Microeconomics of the Energy Sector ECON 603 Applied Econometrics for Energy Markets 3 courses in Sessions II (Spring semester) ECON 604 Energy Economics II Elective Elective 3 courses in Session III (Summer I) Elective Elective Elective 1 course in Session IV (Summer II) ECON 699 Internship – Energy Economics Electives: ECON 605 Taxation in the Energy Sector ECON 606 Corporate Finance for the Energy Sector ECON 607 The Economics of Energy and the Environment ECON 608 Risk Management in the Energy Industry ECON 610 Energy and the Macroeconomy ECON 611 Energy and Geopolitics ECON 612 Management of Public Policy Issues by Energy Companies ECON 613 International Trade in Energy Commodities ECON 620 Industrial Organization of the Energy Sector ECON 621 The Economics of the Electricity Industry ECON 622 Transportation Economics All courses (including required courses and electives) are graduate-level. An internship is required in the Summer II session for completion of the MEECON professional masters. The internship will provide students with practical experience relative to the degree. In addition, the internships provide prospective employers with an opportunity to effectively evaluate new talent. The internship is meant to last 7 weeks and should be directly related to the student’s core area of study in the MEECON degree program. It is recognized that some students may have previous professional experience in their area of study, and that their employer may be able to fulfill the internship requirement by working on a special project with their current employer.