Develop an in-depth understanding of economic analysis.

Learn the quantitative and empirical methods that economists use to analyse energy markets.

This online short course equips you with a powerful mathematical and statistical toolset. It’s led by expert academics and our energy industry partners. You’ll become capable of analysing complex phenomena within the energy and financial sectors.

The course is part of our Energy Economics and Finance programme, four online short courses that combine to give you the fundamental economic skills you need for a successful career in the energy industry or government organisations.

Complete all four and, subject to satisfactory performance, you’ll have the opportunity to progress to our on-campus Masters in Petroleum, Energy Economics and Finance.

What you’ll study

You’ll cover the basic mathematical models common across the energy and financial sectors.

You’ll develop your data analysis skills, looking at standard data analysis methods, including multivariate regression.

Applications from various energy economic areas will be used to illustrate the mathematical and statistical concepts in action.

By the end of this course, you will be able to...

  • Confidently discuss issues relating to quantitative methods for energy economics.
  • Better utilise data to inform strategic decisions.
  • Evaluate and understand technical regression analysis output.
  • Seek work in an energy-related field.

Why study online with Aberdeen?

How you’ll study

Quantitative Methods for Energy Economics is delivered entirely online. You can study with us anywhere in the world and manage your study hours to suit you.

The course takes the form of an online digital workbook. You can work through it at your own pace. Your teaching is delivered at Masters level by academic experts and our energy industry partners.

Your tutors are all members of the Aberdeen Centre for Research in Energy Economics and Finance. Together, they hold over a century’s experience in the field, in teaching, research, and advising the energy industry and national governments.

Your course is delivered through MyAberdeen, our Virtual Learning Environment (VLE). Also available as an app, you can access your learning materials on computer, smartphone and mobile device 24/7.

Your course features a range of resources, including:

  • videos
  • podcasts
  • video lectures to stream or download
  • projects
  • slide shows
  • quizzes
  • reading materials
  • the online resources of our award-winning Sir Duncan Rice Library
  • online discussion boards with colleagues and tutors
  • webinars.

Where this will take you

Quantitative Methods for Energy Economics is one of four online, always-on courses that make up our unique:

You can also study:

You’ll earn a Professional Development Certificate when you complete all four.

You can earn a Postgraduate Certificate (PgCert) in Energy, Economics and Finance if you complete the credit-bearing version of all four courses, assessed by essay or exam. You’ll also earn 15 credits at Masters level (SCQF Level 11) this way. You can use these credits towards further study.

Find out more about credits and see our full range of online energy short courses.

You can study the four courses in any order and enrol whenever it suits you. You have 18 months to complete each course and up to 5 years to complete the full programme.

Earn a Masters

Complete all four courses via the exam-assessed route and you’ll be eligible to apply for advanced entry to our:

MSc (Econ) Petroleum, Energy Economics and Finance

Graduates from the MSc (Econ) Petroleum, Energy Economics and Finance have secured distinguished careers across the energy industry, with employers including BP, Petroleum Commission Ghana, Oil and Gas UK and Petrofac.

See our full range of postgraduate Business School degrees.

Entry requirements