Abstract

AbstractEnergy economics is a vast topic. Many applied and agricultural economists today work on fuel economy, fossil fuel energy issues, energy sector economic analysis, electricity sector economic and policy issues, techno‐economic analyses of energy alternatives as well as agricultural energy issues such as biofuels, and energy use in agriculture. Energy economists also employ a wide variety of modeling and analytical tools. We cover six broad topics: externalities, policy analysis, energy demand and supply analyses, electricity pricing, biofuels, and techno‐economic analysis. Applied and agricultural economists have made and will continue to make major contributions to the literature and policy analysis in these areas.

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