Agricultural & Applied Economics:
Resource and Energy Demand Analysis

Master of Science in Agricultural and Applied Economics

windmills in front of a pastoral landscape

Use economic modeling, large data sets, and analytics to provide high-level analysis for a smart, green world.


Is this program right for you?

The UW–Madison Resource and Energy Demand Analysis (REDA) accelerated master’s program is the first professional training program of its kind, anywhere. As a graduate, you will excel as part of the new workforce of analysts who evaluate energy efficiency programs and other conservation initiatives that curb climate change impacts, increase sustainability, and protect our natural resources. Learn to answer critical questions about whether energy and resources are actually being saved, who is reducing their usage of these resources, and how consumption can be further reduced.

Massive increases in smart technologies generate “big data” that can be used to measure the effectiveness of resource and energy efficiency initiatives. Utilities, businesses promoting renewables and conservation, consulting firms, and regulators all need analysts with specialized training to fill this emerging need. Experts say that North America will remain the largest market for demand-response programs for the next two decades, but Europe and the developing countries of the Asian Pacific are poised to open new markets as well.

If you are interested in using quantitative skills to advance projects that are good for the environment, enjoy analytical work, and want to work collaboratively while earning an excellent salary, REDA is the perfect fit.

Is this program right for you?

The UW–Madison Resource and Energy Demand Analysis (REDA) accelerated master’s program is the first professional training program of its kind, anywhere. As a graduate, you will excel as part of the new workforce of analysts who evaluate energy efficiency programs and other conservation initiatives that curb climate change impacts, increase sustainability, and protect our natural resources. Learn to answer critical questions about whether energy and resources are actually being saved, who is reducing their usage of these resources, and how consumption can be further reduced.

Massive increases in smart technologies generate “big data” that can be used to measure the effectiveness of resource and energy efficiency initiatives. Utilities, businesses promoting renewables and conservation, consulting firms, and regulators all need analysts with specialized training to fill this emerging need. Experts say that North America will remain the largest market for demand-response programs for the next two decades, but Europe and the developing countries of the Asian Pacific are poised to open new markets as well.

If you are interested in using quantitative skills to advance projects that are good for the environment, enjoy analytical work, and want to work collaboratively while earning an excellent salary, REDA is the perfect fit.

Admissions requirements

All applicants must:

  • Have a bachelor’s degree from an accredited U.S. institution or an international degree comparable to a regionally accredited U.S. bachelor’s degree.
  • Have completed a course in microeconomic theory and a course in probability and statistics. Equivalent work experience will also be considered.
  • Take the General GRE test. For score reporting, use UW–Madison institution code 1846.
  • Non-native English speakers must take the TOEFL (minimum score of 92), the MELAB (minimum score of 82), or IELTS (minimum score of 7.0) exam. This requirement is waived for students who have studied for at least 2 semesters in the US or if English was the language of instruction for their undergraduate degree. For score reporting, use UW–Madison institution code 1846.

To apply:

  • Online application.
  • Unofficial transcripts from any previously completed undergraduate and graduate degrees.
  • Statement of purpose including background, career aspirations, and reason for applying to our program.
  • Resume including work experience, education, programming skills, and other pertinent information.
  • Contact information for 2-3 professional or academic references including name, mailing address, email and phone number. Your contacts will receive an email from the Grad School asking for a digital letter.

Connect with us

Program Overview: Actuarial Science

September 29
12:30-1 p.m.
Join enrollment coach Zach Benson and get more information about the Actuarial Science Capstone Certificate including curriculum, application process and potential career paths
Register for Actuarial Science Program Overview

Program Overview: Design + Innovation

September 30
noon-12:30 p.m.
Join enrollment coach Zach Benson to get more information about the Design + Innovation master's program including curriculum, application process and potential career paths. There will be time available to answer your questions!
Register for Design + Innovation Program Overview

View all events

Program highlights

  • The REDA program is accelerated, so you earn a degree of distinction in just 1 year.
  • 89%* of REDA alumni are placed in jobs consistent with program goals (*Survey responses from 2016-208 alumni).
  • Employers recognize the high-quality training that you will receive in the REDA program. Many alumni are working as analysts with energy utilities and consulting firms across the country and around the world.

How you'll learn

  • 12 months of full-time study on campus to earn your degree.
  • Program begins with an online math/stats review course in the summer, followed by on-campus instruction during fall & spring semesters; complete your practicum project in June.
  • Advance through the program with a small group of peers.
  • Draw on the expertise of industry practitioners through our seminar series.
  • Evaluate a resource or energy demand management program using real data, and produce a paper suitable for presentation at industry conferences.

Sample curriculum

Summer Semester

  • Introduction to Quantitative Methods

Fall Semester

  • Applied Econometrics I
  • Microeconomics: Theory to Practice
  • Survey & Sample Design
  • Seminar: Special Topics
  • Professional Communication
  • Introduction to Energy Analysis and Policy

Spring Semester

  • Applied Econometrics II
  • Environmental Economics
  • Energy or Natural Resource Economics
  • Seminar: Special Topics
  • Practicum

Summer Semester 2

  • Practicum

Job outlook

Top Job Titles
  • Energy Analyst
  • Senior Machine Learning Researcher
  • Lead Machine Learning Researcher
  • Machine Learning Researcher
Top Industries
  • Electric Power Generation, Transmission and Distribution
  • Management, Scientific, and Technical Consulting Services
  • Colleges, Universities, and Professional Schools
  • Scientific Research and Development Services
  • Depository Credit Intermediation

Market Salary
$87K in 2018

Projected Job Growth
27.5% for Operations Research Analysts (2016-2026)

Job Postings
2256 in 2018

 

Source: Burning Glass Technologies: Labor Insight. 2019.
Burning Glass Technologies’ Market Salary is an estimated expected salary. Market Salary uses machine learning algorithms to account for experience, skill, and education among other factors that may impact individual salaries.

Ready to learn more about Agricultural & Applied Economics:
Resource and Energy Demand Analysis?

View the UW-Madison Guide

Stay in touch

Sign up to receive application tips and deadline reminders.

Connect with our enrollment coaches

Our friendly, knowledgeable enrollment coaches are here to answer your questions. Contact an enrollment coach to:

  • Learn how to make this program work with your life/schedule
  • Verify credit transfers
  • Get help with your application
  • Determine if financial aid is available

Visit with our coaches on campus or at an upcoming student fair in your area. Search student fairs & events

Connect with a coach

 Whether I continue in energy consulting or I decide I want to go into policy or further research, [Resource and Energy Demand Analysis] will have helped me. 

Kathleen Ward, Student
Read more about Sarah