Energy economics is a branch of economics that focuses on the production, distribution, and consumption of energy resources. It examines how energy markets operate, the pricing of energy commodities, and the impact of energy policies on economic growth and environmental sustainability. Key topics include renewable energy, fossil fuels, and energy efficiency. This field also analyzes the relationship between energy supply and demand, exploring how changes in energy prices affect consumer behavior and industrial output. Energy economics plays a crucial role in shaping government regulations and investment strategies, influencing both local and global economies.