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Energy and Environmental Economics
Energy and environmental economics examines issues related to the allocation of energy and environmental resources.
Energy economics is a branch of applied economics that examines:
- The production, consumption, and distribution of energy within and across regions.
- The role that politics and policies play in energy markets.
- The influence of the energy sector on and its interactions with the regional, national and world economy.
Environmental economics is a branch of applied economics that analyzes issues related to the allocation of environmental resources in various sectors of the economy and the influence of the economy on the environment. Topics researched include water markets, the effects of air pollution on environmental amenities, and the role of policies in efficiently allocating these resources.