Why Study Energy Economics in Canada?

Study economics or energy in Canada where energy is king, or study a collaborative program where economics and energy is combined; energy economics.  You will be glad you did because in provinces where energy drives the economy, the probability of graduates from one of these three disciplines working in Canada at a lucrative job with a rewarding salary packages is high.

What is Energy Economics?

Energy economics is an interdisciplinary study.  This field of study looks at the supply and demand of energy globally and the economics of energy production and consumption.  Although a subclass of economics, it stretches far beyond into the study of other disciplines such as agriculture, natural resources, petroleum & gas, forestry, sustainability, renewable resources and the environment.  What that means to the graduate from this program is that there are an almost limitless number of jobs available.  Finding a suitable job where you can work in your field of expertise and have a decent salary will not be difficult.

Opportunities to Work in Canada Abound

Whether you are a national or an international student in Canada, if you study energy economics or anyone of its collaborative fields, Canada needs you and wants you.  Canada is a growing country with great potential for natural resource and energy development.  That means we need engineers, economists, agronomic economists, analysts, energy savvy CEOs; the list goes on and on.  The Canadian government has a Post-Graduate Work Program specifically designed for retaining international students who have completed their studies at a Canadian institution.  Additionally, many provinces have their own programs which provide incentives for international graduates to work in Canada after graduation.  For example energy rich Alberta has such a program for international graduates who study in Canada.

University Requirements

If you are studying in Canada, or in your home country at the undergraduate level you may study one of many disciplines such as economics, engineering, agriculture or renewable resources or the environment.  These would be considered related disciplines for studying energy economics.  If you are starting your study abroad experience in Canada as a graduate student, then you may want to find a university that offers a Master’s or PhD in energy economics, sustainable economics, economics and the environment, and etc.  In all cases you should have 1st division marks or a GPA of 3 or more.

Where Should I Study?

Go where there is energy; that would be the best advice.  Here are only a few examples of universities that offer energy economic related study programs.

  • Memorial University – Newfoundland has off shore drilling so check out this university’s collaborative program.
  • University of Alberta – Alberta holds 90% of the country’s oil and gas reserves and also has a large forestry and agriculture industry.  A number of their departments have interdisciplinary studies with economics.
  • University of Calgary – This University is also in Alberta and has a number of related programs including an Applied Energy Program under the Department of Economics.

Of course you are not limited to study at these universities as most Canadian provinces have energy, mining, forestry, etc; therefore their universities will have research interests in these areas.  If you think you would like to study energy economics or a related discipline in Canada, and you would like some advice or assistance, call a Canadian recruitment agency today, Alberta Rose Education Centre to start your study in Canada process.

6 thoughts on “Why Study Energy Economics in Canada?

  1. MohamedNoor

    I want to pursue MSc Oil and Gas Economics in the University of Alberta.Kindly, wanted direction on how i will get admission to this University.
    Your response is highly appreciated.


    1. Helen Khan Post author

      Send an email to Alberta Rose Education Centre. You will find the email address on their contact page and give them more information such as what you have done and your CGPA so they can advise you accordingly.

  2. Mohamed Aly


    Thanks for publishing this article; I learned valuable information on the topic.
    However, do you still believe that the Energy and Economics combination is still a valuable degree in today’s job market (with the current recession in Alberta)? I ask this question because I am considering taking the University of Calgary Applied Energy Economics degree program.

    Thanks a lot,

    Mohamed Aly

    1. Helen Khan Post author

      Yes, it is still a good idea. Alberta’s recession will not last forever. We have had recessions before and have always rebounded. The Conference Board of Canada sees 2017 as a turning point in Alberta’s economy with it becoming stronger. A number of oil/gas projects and building incentives have been injected into Alberta and we are diversifying our products and services. Alberta’s economy may never be as lucrative as before where oil and gas overly inflated the market, but Alberta will see a steady growth pattern, more on par with the other provinces.

  3. Ghulam Yasin

    I am M phil from Pakistan in financial economics and want Phd in Petrolium Economics….. I think albert universit provide me chance make specialization in this sector.It was my aim when I was in MSc but there was not curse such kind.So today I feel glad to see that such kind of study is in canada.

    1. Helen Khan Post author

      Two programs to consider are the MBA program at the University of Alberta (MBA with Specialization in Natural Resources) and Graduate Studies in the Department of Economics with an emphasis on Economics of Exhaustible Resources at the University of Alberta.


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