PHD In Energy Economics In Australia

Last Updated on March 22, 2023 by

Are you burned out from endless hours of searching on the internet for phd in energy economics in Australia without much success? Are you frustrated at having to put so much effort in trying to get the best universities for doctorate programs in energy economics in Australia but ending up with mediocre ones? Have you given up already on the search for phd in energy economics in australia? Then get ready for this next surprising piece of information. So, if you are a graduate student studying towards a successful career, your endless hours of search just ended. You just bumped into a website that offers you the best universities for phd in energy economics in australia and a whole lot more. What more could you ask for?

Energy economics studies energy resources and energy commodities, and includes: forces motivating firms and consumers to supply, convert, transport, use energy resources, and to dispose of residuals; market structures and regulatory structures; distributional and environmental consequences; economically efficient use. It recognizes: (a) energy is neither created nor destroyed but can be converted among forms; (b) energy comes from the physical environment and ultimately returns there. Humans harness energy conversion processes to provide energy services. Energy demand is derived from preferences for energy services and depends on properties of conversion technologies and costs. Energy commodities are economic substitutes. Energy resources are depletable or renewable, and storable or nonstorable. Human energy use other than for food is predominantly depletable resources, particularly fossil fuels. Market forces may guide a transition back to renewable resources. Intertemporal optimal depletable resource extraction paths include an opportunity cost, or rent. World oil prices remain above pre-1973 levels and remain volatile as a result of OPEC market power. Oil supply disruptions of the 1970s led to economic harm. Environmental damages from energy use include climate change from greenhouse gases, primarily carbon dioxide. Environmental costs not incorporated into energy prices (externalities) lead to overuse of energy and motivate policy interventions.

The Energy Economics and Management Group (EEMG) is a national research leader in the economics of renewable energy. Our research capability is built upon sophisticated modelling platforms, developed using complex system methods, that are unique in Australia.

Originally established within the Western Australian School of Mines (WASM), the DMEE is now housed within the Curtin Graduate School of Business (CGSB) in Perth’s central business district, complementing the CGSB’s reputation as a leading provider of graduate management education with particular expertise in resources and energy markets. The courses offered by the DMEE enable resources sector professionals from varied backgrounds to combine sound technical knowledge in mineral exploration, extraction, and processing with an appreciation of the economic frameworks within which the sector operates. This interdisciplinary skill-set is becoming increasingly vital to resource sector companies.

Most students within the DMEE are mid-career resource and energy sector professionals preparing to move into more senior management or decision-making roles. All students must have at least three years of industry experience and a relevant first degree to qualify for entry. Coursework is offered in a highly flexible way to cater for busy professionals endeavouring to balance work and study commitments, and for students working on a fly-in-fly-out basis. While the courses have a strong theoretical base, they are characterised by their practical relevance – with all teaching faculty posessing considerable experience in industry. Participants also benefit from the global popularity of the courses providing great opportunities for international perspectives to be shared and for long-term international contacts and networks to be established. To date, the courses have attracted students from more than 30 countries in North and South America, Europe, Asia, Oceania and Africa.

What Does An Energy Economist Do?

The energy that cools and heats our homes, powers the businesses in town, and keeps the park lit up at night comes from a variety of resources. Coal, natural gas, sunlight, biofuels, and wind all contribute solutions to our massive energy consumption needs. But each of these industries has limitations and fluctuations, so it’s up to you, the Energy Economist, to identify trends, estimate production, and crunch the consumption numbers.

Businesses rely on your ability as an Energy Economist to gather a plethora of raw data, run computations, and spit out usable information. Say, for example, you’re hired by a natural gas utilities company to help them formulate a budget for the next five years. It’s your job as an Energy Economist to research ways that natural gas has been used in the past, the rate of current consumption, the areas that use the highest quantity of the product, the future consumption rate, the cost of production, and its use in other areas/countries.

While you often work as a Consultant to big business and government, you also invest time in research. What’s the effect of climate on current energy production? Will average temperatures rise, requiring more power to run air conditioning units? How do governmental regulation policies affect the cost of producing energy?h

There’s no end to the considerations involved in creating an accurate financial picture of the energy industry. But, thanks to your efforts, businesses and policymakers have a clearer idea of what to expect.

Top Universities for PhD in Australia

Listed below are top universities for Higher education in Australia as per their 2021 QS rankings along with the fees of pursuing PhD.

QS 2021 Global RankUniversityFees per Annum (AUD)
31Australian National University45,052
40University of Sydney49,000
41University of Melbourne44,128
44University of New South Wales45,600
46University of Queensland40,736
55Monash University34,100
92University of Western Australia34,900
106=University of Adelaide45,000
133=University of Technology Sydney34,080
196University of Wollongong56,544

PhD in Australia Course Structure

Some programs may include taught modules or training units, but these will be focussed on progression and professional development, rather than formal assessment.

  1. You’ll spend most of your time working towards an independent doctoral thesis offering a substantial original contribution to knowledge in your field.
  2. You’ll begin with a literature review, evaluating existing scholarship related to your topic. From there you’ll move on to your own original research, analyzing or collecting survey data as appropriate to your subject (and project).
  3. Throughout, you’ll have the support of at least one expert supervisor. This will be an academic with experience related to your topic.
  4. At the end of your PhD you will submit a written thesis summarising your findings. This is normally around 100,000 words in length, but maybe slightly longer or shorter.
  5. Unlike in other countries, there is often no viva voce for PhD in Australia.
  6. Your PhD result will depend on the recommendation of your examiners. You may be awarded the doctorate without corrections, asked to make changes to your thesis, or (very rarely) denied the PhD.

Note: Part-time research can take up to six years, but this mode of study isn’t normally available to international students. The conditions of an Australian student visa mean that you must study full-time.

PhD in Australia Course Highlights

Duration3 years
Research Universities43
Fees30,000 AUD-42,000 AUD
Academic YearFebruary to November
Funding UptoAverage Base stipend of 28,000 AUD per annum
Average Salary80,000 AUD
Work-Study OpportunityPaid Work up to 40 hours per week
Oldest UniversityUniversity of Sydney (1850)

PhD in Australia Application Process

Step 1: Check you meet minimum eligibility requirements

Check the Programs & Courses website to ensure that you meet the academic requirements at the institution where you wish to study doctorate in Australia. All students, whether domestic or international, must also meet the minimum marks for exams required to study in Australia.

Step 2: Draft a Research Proposal

The draft research proposal submitted along with the application is like a tool to outline your intended research or clarify your own ideas. It is more general and flexible to change once you have enrolled in your program.

Step 2: Find a supervisor

Visit the Researcher’s website to search potential supervisor profiles, including their research expertise, published works, and contact details.

Step 3: College pre-application requirements

Most Colleges will ask applicants to identify and secure the support of a potential supervisor before they can proceed to apply for Australian universities. However, some Colleges ask applicants to submit a short description of their proposed area of research.

Step 4: Joint or Dual/Cotutelle PhD Proposal

To commence the Joint or Dual Award PhD application process, you may need to complete a proposal, which you will submit to potential supervisors as part of the pre-application process.

Step 5: Apply

If you have secured the support of a potential supervisor, you may check deadlines for Australian universities and apply. You will need to nominate three referees to support your application.

Step 6: Receive an outcome

Applications usually take between 6-8 weeks to assess, or longer if you are applying for a scholarship. All communications, including application outcomes, are sent to your email account.

PhD in Australia: Eligibility

A PhD in Australia can start at any point in the academic year. This means that there isn’t normally a strict deadline for applications. As a general rule, you should apply at least four months before you hope to start your PhD.

  • A 4-year undergraduate degree in a relevant discipline, including a substantial research component (equivalent to at least 25% of 1 year of full-time study), with a weighted average mark of at least 75% in your final year subjects or equivalent, or
  • Qualification and professional experience considered to be equivalent.

Additionally, you must have:

  • Referee reports (not needed if you have graduated from the University of Melbourne within the last 5 years), and
  • Endorsement from a prospective supervisor.

English Language Requirements for PhD in Australia

The validity of IELTS, TOEFL, and Pearson PTE Academic tests has been temporarily extended from two to three years to study in Australia.

UniversityTOEFLIELTS
Australian National University (ANU)PBT: 600
iBT: 100
7
University of SydneyPBT: 565
iBT: 85
6.5
University of MelbournePBT: 600
iBT: 94
7
University of New South Wales (UNSW)iBT: 95
PBT:577
7
University of Queensland (UQ)iBT: 87
PBT:570
6
Monash UniversityiBT: 79
PBT:550
6.5
University of Western Australia (UWA)iBT: 82
PBT:570
6.5
University of AdelaideiBT: 60
PBT:550
6
University of Technology Sydney (UTS)iBT: 94-101
PBT:584-610
7
University of WollongongiBT: 907.5

Documents Required for PhD in Australia Admission

Along with your application package for the master’s program, you are required to submit the following documents in order to apply for doctorate in Australia:

  • Transcripts: Certificates and transcripts of previous studies.
  • LORs are an important part of your applications, academic LORs can make or break your applications.
  • Tests for studying in Australia include scores from English proficiency tests like IELTS/TOEFL, etc required from non-native English speaking applicants. Test scores should be preferably submitted directly from the testing agency.
  • Additional document requirements vary from university to university. Some of them include a Statement of Purpose to study in Australia.

Tuition Fees for Doctorate in Australia

The cost to pursue a doctorate degree in Australia for an Indian student will range between 16 to 23 LPA.

UniversityFees Per Annum
Australian National University25,05,412
University of Sydney27,25,859
University of Melbourne24,54.352
University of New South Wales25,36,233
University of Queensland22,65,702
Monash University18,96,904
University of Western Australia19,41,407
University of Adelaide25,03,246
University of Technology Sydney18,95,291
University of Wollongong31,45,038

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