Option in Energy Management and Policy (EMP)
The Energy Management and Policy option focuses on the economic issues associated with energy engineering and energy systems. It combines training in energy, economics, technology, and engineering into one interdisciplinary curriculum in order to produce graduates who will be well-prepared for the real-world challenges and critical issues facing individuals, companies, and society as a whole.
The purpose of this option is to graduate students who are creative thinkers and are able to tackle difficult energy-related social problems in a systematic and truly interdisciplinary way. The market for these types of problem-solvers and researchers is growing. Scientists and engineers are tasked with not only finding a means of curbing energy use and boosting energy production, they are also increasingly being asked to consider the broader implications and economic feasibility of the technologies they develop to those ends. Financial, social and economic decision-makers will need to have enough scientific skill to understand the range of technical choices faced by society in order to make good decisions.
The nature of the world's energy and environmental problems requires new models and methods of analysis. The Energy Management and Policy option will prepare students to fill the growing demand for energy professionals who are comfortable with both economics and technology, and can conduct solid quantitative analysis of highly complex engineering/economic systems problems.
EME faculty working in the Energy Management and Policy discipline are currently engaged in a wide variety of energy and environmental research including: economics of climate change and carbon management; regulation and deregulation in energy and electric power; electric power systems engineering and economics; energy policy; transportation systems; regulation and markets for emissions and environmental quality; and industrial ecology. For a full listing of current research areas, please visit our individual faculty profile pages.
Required Core Courses in EME
M.S. Degree
Ph.D. Degree
- EME 500 - Energy and Mineral Project Investment Evaluation (3 credits)
Required Specialty EMP Option Courses
M.S. Degree
- EME 525 - Theory and Practice of Policy Analysis for Engineers (3 credits)
- AEREC 597 - Applied Microeconomic Theory (3 credits)
- ECON 490 - Introduction to Econometrics (3 credits) OR ENNEC 473 - Risk Management in Energy Industries (3 credits)
Ph.D. Degree
- ENNEC 540 - Economics Analysis of Energy Markets (3 credits)
- EME/ENNEC 590 - Colloquium (1 credit)
Elective Courses
To be selected/determined in consultation with the student's advisor and thesis committee.