Question

describe in brief
energy according to economy ​

Answer 1

Answer:

Energy is the most important component of economic infrastructure. Availability

of adequate energy is necessary for the growth of an economy. Energy is one of the

most crucial inputs for production.

Answer 2

Answer:

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.