The MSc Energy Economics and Policy programme provides a solid grounding in the economics of international oil and gas, the general principles of regulation, energy and environment policies and technology, and energy modelling.
You will gain a thorough understanding of microeconomics, macroeconomics and econometrics. Building on these foundations, the programme focusses on economic and policy issues affecting the energy sector.
Furthermore, guidance in research methodology will ensure you develop the skills required to effectively undertake thorough independent research.
Those wishing to work in research and/or policy-making in the energy area will find this programme particularly relevant.
This programme is studied full-time over one academic year and part-time over two academic years. It consists of eight taught modules and a dissertation.
Example module listing
The following modules are indicative, reflecting the information available at the time of publication. Please note that not all modules described are compulsory and may be subject to teaching availability and/or student demand.
The main aims of the Department’s taught courses are to:
The programme provides opportunities for students to develop and demonstrate knowledge and understanding, skills, qualities and other attributes in the following areas:
Knowledge and understanding
Intellectual / cognitive skills
Professional practical skills
Key / transferable skills
We often give our students the opportunity to acquire international experience during their degrees by taking advantage of our exchange agreements with overseas universities.
In addition to the hugely enjoyable and satisfying experience, time spent abroad adds a distinctive element to your CV.
Application period/deadline: November 1, 2017 - January 24, 2018
• An internationally comparable degree in Economics from an AASCB accredited business school
• Rigorous theoretical and empirical studies incorporating the latest research
• Hands-on experience in developing economic models and using econometric methods to perform economic and financial analysis
Oulu Business School’s International Master’s Programme in Economics (ME) is a two-year programme providing rigorous training in modern Economics. The programme equips you with a comprehensive understanding of the theoretical and empirical research methods used in Microeconomics, Macroeconomics, and Econometrics. You will have the opportunity to develop an interest in fields such as:
• Mathematical economics
• Industrial organisation
• Energy economics
• Urban and regional economics
• Environmental economics
• International macroeconomics
• Game theory
• Financial econometrics
Through group work and projects, you will learn to apply your economic expertise and acquire the problem solving, project management and presentation skills you will need in your career as an economist.
It is not compulsory to choose a specialization, but the two-year programme offers two specialisation options:
Energy Economics and Smart Grid courses bring the latest economic and technical energy research into the classroom and equip you with the skills you need to work as an economic researcher or consultant in energy related projects. Gain experience in multidisciplinary project work and employ your skills in Economics to analyse and solve business problems in tomorrow’s energy markets.
Financial Economics focuses on equipping you with skills that are relevant for an economist working within the financial sector. You will gain further knowledge of statistical modelling software and intensify your knowledge of econometric models used for forecasting macroeconomic and financial variables.
The professorship for Economics at the University of Oulu was established in 1959 and the department is a part the AASCB accredited Oulu Business School (OBS). Economists at OBS and at associated research centres (MAIGBE, SYKE) focus on research in Energy Economics, Social Economics, and Regional Economics. The department is renowned for its achievements in input-output modelling and Energy Economics. Current faculty members are active, among others, in the Finnish Economic Policy Council, the Finnish Climate Panel and the national BCDC energy research project. OBS organizes frequent seminars with Finnish and international visitors from business and academia. You are strongly encouraged to attend these events.
The master’s programme equips you with the skills you need as a professional economist working in business, government, international organizations, and research centres. Depending on your interests, you can, for example, work with market research in the financial sector, with strategic pricing and production decisions in private firms, and with fiscal and monetary policy within the public sector. The master’s programme also serves as thorough preparation for Ph.D. studies. The master’s programme provides you with an internationally comparable degree in Economics from an AASCB accredited business school. Upon completion of the master’s programme, you will be equipped to pursue a career as an economist in Finland or abroad.
Possible titles include:
• Economic Advisor
• Investment Advisor
• Industry Analyst
• Financial Analyst
• Economic Development Officer
• Economic Consultant
Students applying for the programme must possess an undergraduate or bachelor’s degree in Economics or a related subject. The quantitative nature of the ME programme ideally suits for those who have studied Economics, Finance, Accounting, Engineering, or Natural Sciences (e.g. Mathematics, Physics or Statistics).
For all enquiries, please refer to our enquiry form: http://www.oulu.fi/university/admissions-contact
This fresh, new programme for 2017 is a collaboration between the School of GeoSciences and the School of Social and Political Sciences.
The world is facing an ‘energy trilemma’; how to achieve energy security, energy equity and environmental sustainability. Whilst equipping students with an active understanding of low carbon technologies, policies and markets, this new MSc programme is focused squarely on analysing the social, societal and environmental dimensions of energy transitions. You will examine how citizens are involved in and are affected by changes in energy systems.
On a more theoretical level, the programme will enable you to relate supply-side issues to geo-politics and political economy, whilst energy demand will be studied in relation to broader challenges of sustainable consumption.
On a more practical level you will explore the potential of ‘smart’ ICT to affect consumption and inform strategic choices in sustainable living at household and community level. With Scotland being a world leader in renewable electricity generation (especially wind and marine), but also being economically dependent on declining North Sea oil and gas and suffering from high levels of energy poverty, this interdisciplinary MSc. benefits from close access to a high number of insightful case studies, which will serve to examine links between global and local issues, explore international best practices and identify locally suited pathways to more sustainable energy management.
Applicants receiving an offer of admission, either unconditional or conditional, will be asked to pay a tuition fee deposit of £1,500. Please see the fees and costs section for more information.
The programme has been designed to develop transdisciplinary perspectives on the energy trilemma and integrative analytical skills (qualitative and quantitative) which are in short supply in the energy sector. The full-time programme is divided into two semesters of taught courses, followed by a field trip at Easter before the dissertation period over the summer. We are happy to accommodate different working patterns for part-time students, including a half day a week schedule for three-year part time study.
The programme consists of four core modules (20 credits each, two core courses per semester), two optional modules (20 credits, one for each semester) and a 60 credit dissertation.
Students will also undertake one 20 credit course per semester. The University of Edinburgh offers an unrivalled selection of relevant optional courses for the MSc in Energy, Society and Sustainability. Bearing in mind your particular background and interests, the Programme Director will assist you in your choice from a large menu of optional courses related to six potential specialisation pathways; sustainable technologies and economics, politics, development, environmental sustainability, science and technology and public policy.
Optional courses may include*:
**Please note, courses are offered subject to timetabling and availability and are subject to change.
The programme aims for students to develop transdisciplinary skills in the assessment of the transition potential of energy systems towards greater sustainability, focussing especially on the human dimension of technological change and working and experimenting with energy users to co-produce knowledge about pathways to change.
Upon successful completion of the programme, students will have gained:
UK research councils cite a major skills gap in the energy sector, one of the biggest growth sectors within the UK economy in recent years. Demand has never been higher for sound evidence on behavioural change, public engagement with energy issues, and public support for community and commercial investments in low carbon energy generation. We train our graduates to translate complex science into effective policies and new business opportunities. We have strong links with government departments, energy relevant NGOs and key industry players who want to make use of these skills. Committed to helping you meet prospective employers and network with those active in the field, we organise careers events and encourage dissertations conducted in partnership with external organisations.