In the above presentation, I have stated some important concepts of "Energy economics" which can help a individual to enhance his skills in economics.

1. ENERGY ECONOMICS
Deals with study of utilization of energy commodities
and energy resources by humans

2. Energy economics deals with study of utilization of energy commodities and
energy resources by humans. This subject also deals with the consequences of
that utilization.
Energy can be defined as capacity of doing work. When we relate it to
economics it includes all resources and commodities that symbolize significant
amount of physical energy and thus can be used in doing work.

3. The energy commodities like
 diesel
 gasoline
 CNG (compressed natural gas)
 propane,
 electricity etc

4. are used in day to day human use such as
transportation, communication, heating, motive power, cooking etc.
Energy resources like
 hydro power
 nuclear power
 coal
 crude oil
 Biomass
 natural gas
 solar energy

5. are the primary sources of creating energy commodities. It studies the
role of markets, their alternative, the regulatory framework used in
different countries to manage supply and demand of these commodities.
It studies the impact of these commodities on human sustenance and
the environment. It deals with determining the most efficient and
economic methods to harness and use energy and to have minimum
impact on the environment.

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