The Electricity, Natural Gas, and Telecommunications Economics sequence combines training in basic economic theory and statistical methods with specialized training in the theory, history and institutions of economic of regulation. Students develop skills in analyzing regulatory policy and in communicating the results. In addition, students may have the opportunity to gain valuable practical experience as an intern with an employer in the telecommunications, electric power, or natural gas industries, or with an appropriate government agency. Graduates are awarded a master's degree in Applied Economics with a sequence in Electricity, Natural Gas and Telecommunications Economics. Associated with the sequence is the Institute for Regulatory Policy Studies. The institute provides a key link between Illinois State University and the telecommunications, electric power, and natural gas industries. Students selecting this sequence will be prepared for effective and successful careers as economists, analysts and planners with firms in the natural gas, electric, and telecommunications industries. The option is also suitable for careers with governmental agencies responsible for the regulation of public utilities, consumer advocacy organizations, and firms providing consulting and ancillary services. This is a STEM designated degree, which focuses on the systematic study of mathematical and statistical analysis of economic phenomena and problems. STEM designated degree programs offer additional benefits for students, including potential grant funded opportunities and, for international students, extended OPT study options.