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Masters Degrees (Natural Resource Economics)

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The Environmental and Natural Resource Economics MSc programme is unique in that it combines a solid foundation in key areas of economics, with specialized field courses. Read more
The Environmental and Natural Resource Economics MSc programme is unique in that it combines a solid foundation in key areas of economics, with specialized field courses.

Our students receive a thorough grounding in macroeconomics, microeconomics and econometrics, alongside an in-depth knowledge of the economics and policy of environmental pollution, renewable and non-renewable resource use, as well as the interaction between globalization and environmental degradation.

In addition, we emphasise the development of the quantitative skills necessary to understand and perform empirical work in economics, with particular attention to the valuation of environmental goods in monetary terms.

During your time studying the Environmental and Natural Resource Economics MSc at Birmingham Business School, you can expect to learn about:

global environmental pollutants and climate change,
emissions trading schemes,
the links between trade and the environment,
the role of innovation and technological change policy in securing a transition to a low carbon economy
the optimal management of fisheries and forests as well as fossil fuels and mineral resources,
hedonic analysis and choice experiments as methods of valuing intangible goods
how to modify national accounts to reflect resource depletion and pollution.

About the School of Economics

At Birmingham Business School we deliver world-class research and teaching that provides the; insight, ambition and skills to shape advanced and sustainable business strategies. We put people at the heart of business and business at the heart of society.

Consistently found in global ranking tables and accredited by leading bodies, AMBA, EQUIS and AACSB. The triple-crown accreditation confirms our position within an elite group of global business schools.

Birmingham Business School is already globally renowned for the quality of our research and teaching. With students representing over 60 countries currently studying at our main campus, our courses being taught in a range of international business schools, and an international faculty and global alumni community of around 23,000 graduates, we have a global footprint that ensures worldwide impact.

Economics teaching has a long history at Birmingham and we pride ourselves on achieving very high levels of student satisfaction. We are a research-led department with specialisms in Macroeconomics, Experimental Economics, Economic Theory and Environmental Economics, to name but a few. Our commitment to teaching and research excellence ensures that our graduates benefit from very high levels of employability.

Funding and Scholarships

There are many ways to finance your postgraduate study at the University of Birmingham. To see what funding and scholarships are available, please visit: http://www.birmingham.ac.uk/postgraduate/funding

Open Days

Explore postgraduate study at Birmingham at our on-campus open days.
Register to attend at: http://www.birmingham.ac.uk/postgraduate/visit

Virtual Open Days

If you can’t make it to one of our on-campus open days, our virtual open days run regularly throughout the year. For more information, please visit: http://www.pg.bham.ac.uk

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Our MSc programmes in Economics will give you the opportunity to equip yourself with the necessary skills and knowledge to pursue a career in economics and related disciplines. Read more

Our MSc programmes in Economics will give you the opportunity to equip yourself with the necessary skills and knowledge to pursue a career in economics and related disciplines.

The programme consists of a set of core and elective modules, culminating in a practice- based business project or a research-based dissertation.

Core and elective modules

You will study:

  • Advanced Macroeconomics 
  • Advanced Microeconomics
  • Environmental Economics and Policy
  • Natural Resource Management

Based on your prior knowledge and experience you will be streamed to study one of the following module pairings:

  • Econometrics I and Econometrics II
  • Econometrics I and Microeconometrics
  • Econometric Methods and Microeconometrics
  • Econometric Methods and Financial Modelling and Business Forecasting

You will then choose one elective module. The list of modules may vary from year to year, but in the past has included: Behavioural Finance and Economics; Econometrics II; Development Economics; Environmental Valuation; Experimental Economics and Finance; Game Theory; Industrial Organisation; International Economics; International Finance; Market Microstructure; Microeconometrics; Monetary Economics; Money and Banking; Public Choice; Public Economics.

View module overviews

Dissertation/Business Project or Placement

In the third term you will complete a 12,000 word dissertation which may be undertaken as a consultancy project within an organisation, during a placement or with one of our international partner institutions. Supervised by a faculty member with relevant experience, you’ll investigate in greater detail a subject that you’ve already studied as part of your programme.

This is an opportunity for you to develop your business insight and present your analysis and ideas in a scholarly and professional manner; combine critical discrimination and a sense of proportion in evaluating evidence and the opinions of others.

Additional Resources

The School has made a significant investment in database resources to give you access to both live and historical data from providers which include Thomson Reuters, Bloomberg, Datasteam and Orbis. These state-of-the-art databases give you the opportunity to interrogate the financial records of millions of companies worldwide and add valuable insight to your research.

Adding to your experience

International Opportunities

We’re proud of our strong international connections. Helping you get an inside perspective on global business is a key part of the programme. That’s why we offer a range of opportunities to help you immerse yourself in a country’s business and academic environment, make new contacts and stand out in a competitive job market. These include:

  • Dissertation Abroad

If your ambitions lie beyond the UK, we offer a number of places on our unique Dissertation Abroad scheme. This will involve writing a dissertation at one of our international partner institutions in the period June to August. A number of scholarships are available.

  • International Study Tour

We organise an optional International Study Tour to a European destination, typically Switzerland. This intensive programme takes place over several days, normally in March/April, and offers you a great opportunity to get an ‘inside perspective’ on international business, and to network with key staff within organisations.

Guest Speakers

As part of your programme, you have the opportunity to enjoy presentations by academics and practitioners within your chosen area of interest. Past speakers have included representatives of major global multinationals and leading academics , providing an ideal opportunity to gain practical knowledge and progressive insight.



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Goal of the pro­gramme. Read more

Goal of the pro­gramme

Are you looking forward to a future as an expert in Agricultural, Environmental and Resource Economics? As a graduate of our Master’s Programme in Agricultural, Environmental and Resource Economics, you can find employment in the national or international market, for example at universities, research institutes, the public sector or in business, or you can become a self-employed entrepreneur.

The Viikki Campus offers optimal resources for studying the unique range of subjects offered by our programme. Upon graduating you will be a professional in applied economics in agricultural, environmental and resource-focused fields. You will be well versed in topics such as climate policy, sustainable agriculture and food security.

The Master's programme comprises two study tracks:

1. Agricultural economics

  • Languages of instruction: Finnish, Swedish, English

2. Environmental and resource economics

  • Language of instruction: English

As a graduate you will be able to:

  • Support decision-making in the public and private sectors in various roles as a consultant, researcher or public servant 
  • Analyse and communicate the impact of policies on fields relating to agriculture, the environment and natural resources
  • Apply economic theories and quantitative methodologies, such as econometrics and numerical modelling, to issues in the field

As a graduate of the studytrack in Environmental and Resource economics you will have the ability to

  • Identify the socio-economic drivers of natural resource use and environmental degradation
  • Analyse the effects of policies on the environment and on natural resource usage
  • Formulate recommendations to support decision-making in both the public and private sectors 
  • Apply microeconomic theory and quantitative methods (econometrics, analytical and numerical dynamic modelling, game theory)

Further information about the studies on the Master's programme website.

Pro­gramme con­tents

Studytrack: Agricultural economics

After completing the study track in agricultural economics you will be able:

  • To apply the concepts and central theories of agricultural economics.
  • To apply perspectives of economic, ecological and social sustainability.
  • To analyse and develop the business operations of agricultural and rural enterprises as well as intensify production in a sustainable manner.
  • To analyse the operation of agricultural and food markets.
  • To analyse the international political steering of agriculture.

The study track of agricultural economics combines expertise in business administration and economics with knowledge of the special features of agriculture, rural enterprises, the food market and related policies.

Through studies in agricultural economics, you will learn to apply theories and models used to define the profitability and competiveness of agricultural and rural enterprises and the farm-level factors contributing to profitability and competiveness. You will examine the operation of the market and assess various policy options. The studies include practice-oriented assignments that build your decision-making and career skills, and your self-confidence to apply theoretical knowledge in practice.

Studytrack: Environmental and Resource Economics

In this studytrack you will receive a state-of-the-art economic education in environmental and natural resources policy. The courses are divided into three groups:

1. Theoretically focused courses in which you will gain a deep understanding of static and dynamic models and applications of game theory

2. Courses focusing on quantitative methods in which you will gain the ability to run numerical simulations and apply econometric methods

3. Thematic courses focusing on relevant challenges in environmental and resource policy.



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The sustainable extraction, supply, use and disposal/re-use of natural resources is increasingly critical to business, policymakers and civil society around the world. Read more

The sustainable extraction, supply, use and disposal/re-use of natural resources is increasingly critical to business, policymakers and civil society around the world. In this degree you will investigate the circular economy, resource efficiency and sustainable resource management and you will qualify with the skills and knowledge to become a leader in this field.

About this degree

The curriculum fully reflects the global nature of the subject. You will gain in-depth expertise of the environmental, social and economic aspects of the management and governance of resources from both public policy and industrial perspectives. Key concepts include resource efficiency and circular economy, the resource nexus and sustainable supply chain management.

Students undertake modules to the value of 180 credits.

The programme consists of five core modules (75 credits), three optional modules (45 credits) and a dissertation project (60 credits).

Core modules

  • Introduction to Sustainable Resources: Challenges and Principles
  • Introduction to Resource Economics and Policy
  • The Demand Drivers for Resource Use
  • Tools for Assessing Sustainable Resources
  • Future Resource Pathways and Visions

Optional modules

  • International Commodity Trade
  • Metrics, Modelling and Visualisation of the Resource Nexus
  • Resource Governance and the Global South
  • Eco-Innovation and Sustainable Entrepreneurship
  • Earth Resources and Sustainability
  • Climate Risks to Hydro-Ecological Systems
  • Industrial Symbiosis

Dissertation/report

All students undertake an independent original research project, which culminates in a dissertation of 10,000 words.

Teaching and learning

The programme is delivered through a combination of lectures, seminars, project group work and presentations from visiting speakers from a range of businesses and other organisations. Hands-on workshops will provide opportunities for practical development and implementation of programme content. Assessment is through examination, assessed coursework, group work and a dissertation.

Fieldwork

Students will participate in a field trip to the Birmingham area, which will include site visits to leading businesses and organisations in the area of sustainable resources and the circular economy. There will be no additional costs to students for this trip.

Further information on modules and degree structure is available on the department website: Sustainable Resources: Economics, Policy and Transitions MSc

Careers

This programme equips you for challenging, rewarding and socially beneficial employment in a wide range of sectors including business, national and local government, NGOs and global organisations concerned with economy-resource-environment interactions. The programme includes a careers event with speakers from a variety of organisations where you can discuss opportunities with potential employers.

Employability

On graduation you should possess a sound understanding of the key challenges surrounding sustainable resource use, supply and demand drivers and future strategies for global resource management. You should also be technically competent in a range of economic, social science and modelling skills and techniques including integrated assessments, life cycle analysis, material flows analysis, foresight analysis/scenario analysis, system dynamics, and computable general equilibrium models (CGE). 

You develop key skills valuable for future employment, including communication skills (written and oral), teamwork, breaking down complex problems, decision-making under uncertainties, intercultural communication, working in interdisciplinary environments and awareness of the business context.

Why study this degree at UCL?

The UCL Institute for Sustainable Resources (ISR) has a world-leading research portfolio in the area of sustainable use of resources, economics and the environment. ISR is particularly strong in analysis related to actors and their decision-making as well as strategies.

The exciting multidisciplinary programme includes contributions from economics, law, political science, development planning, engineering and the natural sciences as appropriate for understanding planetary boundaries, the circular economy, people and the resource nexus and developing response options.

Learning key employment skills is an integral part of the programme. The residential field trip offers a valuable opportunity for students and staff to interact at the start of the year. Regular seminars are held across UCL and you will be able to undertake industry-focused dissertation projects.

There will be several networking opportunities throughout the programme.



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About the MSc programme. The programme aims to deliver a well-developed understanding of climate change and environmental and resource economics. Read more

About the MSc programme

The programme aims to deliver a well-developed understanding of climate change and environmental and resource economics. The programme delves into the conceptual economic foundations and the practical tools of analysis, including state-of-the-art quantitative methods.

Environmental economics is playing an increasingly central role in understanding the causes of, and designing policy solutions to, contemporary environmental and resource problems. It has been instrumental in informing policy across the world, for example in the creation of markets for pollutants such as acid rain and carbon, the design of new instruments for the conservation of ecosystem services and the efficient use of natural resources.

Across a wide range of issues such as biodiversity loss and fisheries management, sustainable economic development and the formation of international environmental agreements, the theory and applied tools of environmental economics are uniquely placed to inform and guide decision-makers in addressing environmental challenges. Climate change is the most formidable environmental concern facing the planet today and the lessons and tools of environmental economics are highly relevant for thinking about, and providing solutions to, this global economic problem.

The programme will teach you to apply economic concepts and quantitative methods to the analysis, appraisal and valuation of a wide range of environmental problems and policies. You will begin to understand the importance of the political-economic context when applying the concepts and tools of environmental economics, as well as an in-depth understanding of the scientific, economic and political dimensions of climate change.

Graduate destinations

Economics is frequently at the centre of environmental policy-making. The MSc in Environmental Economics and Climate Change provides state-of-the-art training in environmental, natural resource and climate change economics. You will develop analytical tools applicable to the full range of environmental issues in the public, private, and other sectors. There are promising career opportunities for those who have trained as professional environmental economists: in government, international organisations, industry, NGOs, consultancy and research.

The MSc Environmental Economics and Climate Change will be invaluable if you wish to work, or are already working, in a specialised area relating to climate change economics but also more broadly to any aspect of environmental and resource economics.

Further information on graduate destinations for this programme 



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Environmental issues at local, national and global levels are among the foremost challenges facing society today, and the result of complex interactions of natural processes with economic forces and policies. Read more
Environmental issues at local, national and global levels are among the foremost challenges facing society today, and the result of complex interactions of natural processes with economic forces and policies. It is widely recognised that most environmental problems, whether small-scale or global, are the result of a complex interaction of natural processes with economic forces and decisions. This programme provides graduates with a sound theoretical base and practical appreciation of the concepts and methods of environmental and natural resource economics relevant to policy decisions and research. It is designed to suit students with a primary interest in issues and policies concerning the rural environment.

Visit the website https://www.soas.ac.uk/cedep/programmes/appenveco/msc/

Structure

For the MSc in Environmental Economics students will take:

- 4 core modules
- 3 elective modules*
- 2 research modules

* including one free choice from across all programmes (subject to approval on the Programme Convenor)

Core Modules:

- Economic Principles [this module must be taken in the first year]
- Economics of Environmental Policy
- Environmental Valuation: Theory, Techniques and Application
- Natural Resource Economics

Elective Modules:

- Applied Econometrics
- Climate Change and Development
- Project Planning and Management
- Environmental Science and Management
- Environmental Assessment
- Environmental Auditing and Environmental Management Systems
- International Environmental Law
- Ethics for Environment and Development
- either Water Resources Management or Sustainable Land Management or Biodiversity, Conservation and Development or Energy and Development
- One module selected from another programme, with the approval of the Programme Convenor

Research Modules:

- Research Methods
- Dissertation

Strengthening quantitative skills:
Some modules in this programme make use of applied mathematics, including use of calculus. If your basic quantitative analysis skills are weak, it is recommended that you should also study the non-examined module: Quantitative Methods (CF04), at or near the start of your studies. Study materials for this module are available to registered students only, and are obtainable through the online learning environment, Moodle, in the Study Skills section.

Teaching & Learning

1. Academic level

All CeDEP programmes are taught to Master’s (Second Cycle) level, which involves building upon existing knowledge and understanding typically associated with the Bachelor’s (First Cycle) level or its equivalent. Study at Master’s level requires:

- originality in developing and/or applying ideas, and extending or enhancing previous learning

- application of knowledge and understanding, including problem solving in new or unfamiliar environments within broader (or multidisciplinary) contexts

- integration of knowledge and handling of complexity

- formulating judgements with incomplete or limited information, including reflection on social and ethical responsibilities

- clear and unambiguous communication of conclusions, and the knowledge and rationale underpinning these, to specialist and non-specialist audiences

- learning skills to study in a manner that may be largely self-directed or autonomous

Prospective students should note that distance education of this kind demands a high degree of commitment, determination and self-discipline. Whilst CeDEP provides significant support through the tutorial system and by other means, students taking on programmes of this nature should possess a strong measure of self-reliance.

2. Study Expectations

- How long will it take?
For students in full time employment, the MSc and Postgraduate Diploma, usually take three or four years to complete and the Certificate 2 years.

- When can I study?
You can begin your studies in either February or June. The examinations for all students are in October. The study periods are 30 weeks for students starting in February and 15 weeks for those starting in June.

- How many hours a week?
For the 30 week study period starting in February, you will need to allocate 5–6 hours of study time per module, per week. For students starting their studies in June with the shorter 15 week session, 10–12 hours per module, per week is recommended.

- How many modules can I take per study year?
We strongly recommend that students should take only one or two modules in their first year, so that they can adjust to studying at a distance, whilst combining this with work and family life.

Students wishing to complete an MSc in two years they will need to enrol/pay for four core modules and both Research Methods and the Dissertation in the first year although the Dissertation is written and submitted in the second year. Please contact your programme convenor by email.

3. Assessment

- How you will be assessed
For each module you will sit a two-hour unseen examination held on a specific date in October, worth 80% of your total module mark. There is also an Examined Assignment (worth 20% of the total module mark) which is submitted during the study year and marked by your tutor.

- Examination arrangements
Examinations are held in students’ countries of residence, using the University of London’s network of approved Overseas Examination Authorities. Fees for taking examinations at all examination centres other than London are the responsibility of the student.

Assignments are submitted to CeDEP electronically via the online learning environment.

- Assessment of the Research Component
The Research Methods module (P506) and the Dissertation (P541) are not assessed through final written examinations. These two modules constitute the Research Component of an MSc and are assessed entirely by submitted coursework.

4. Research Component

In order to qualify for an MSc, it is mandatory for CeDEP students to pass the Research Component.

The Research Component comprises two of the nine modules necessary for completion of an MSc. These are a Research Methods module (P506) and the Dissertation (P541). The modules are assessed as follows:

- P506 through two examined assignments submitted during the study year
- P541 through a 10,000 word dissertation

The Research Component is studied over two consecutive years. The Research Methods module (P506) must be studied and successfully passed before the Dissertation module (P541). This is because it provides skills and techniques which will assist with the subsequent development and conduct of your research and preparation of your dissertation. Students are required to enrol and pay for P506 and P541 at the same time.

The dissertation is usually carried out during the final year of registration with CeDEP. Students conduct desk- or field-based research in a relevant topic of their choice. All research topics are subject to approval and each student is assigned a personal supervisor. Background reading and preparation of the proposal take place between the October exams and commencement of the final study year in February.

Scholarships

For further details and information on external scholarships visit the Scholarships section (http://www.soas.ac.uk/registry/scholarships/)

Career prospects for graduates

Graduates of this programme will typically find work as environmental economists and advisers in the following fields:

- government ministries undertaking environmental planning and policy analysis work

- public and private sector companies conducting analyses of the environmental effects of economic activity

- international and non-governmental organisations concerned with the environmental implications of economic change and the economic implications of global environmental change

- consultancy work within the broad arena of environmental economics and policy

- applied research and teaching in institutions of research and higher education

Find out how to apply here - http://www.soas.ac.uk/cedep/applying/

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The rationale for this innovative programme of study lies in the global environmental and development challenges that have been articulated in the Sustainable Development Goals. Read more
The rationale for this innovative programme of study lies in the global environmental and development challenges that have been articulated in the Sustainable Development Goals. It is clear that solutions to the challenge of sustainable development require holistic, integrated and co-ordinated actions across a very wide range of sectors, and will increasingly require a multidisciplinary approach. This programme aims to provide students with a broad grounding in the main concepts associated with sustainable development, but also provides the opportunity to specialise in one area in greater depth.

Visit the website https://www.soas.ac.uk/cedep/programmes/sustainable/msc/

Structure

For the MSc in Sustainable Development students will take:

- 3 core modules
- 4 elective modules*
- 2 research modules

* including one free choice from across all programmes (subject to approval on the Programme Convenor)

- Specialisms
If you are taking an MSc or a Postgraduate Diploma you choose elective modules within a particular specialism. This creates the opportunity for a clear focus in your studies, whereby you can develop understanding and skills relevant to specific professional interests. The name of the specialism will appear on the certificate awarded.

Core Modules:

- Understanding Sustainable Development [compulsory]
- Climate Change and Development
- Environmental Science and Management
- Ethics for Environment and Development

Elective modules:
Specialisms

Development Management:
- Economics and Institutions for Development
- Managing Knowledge and Communication for Development
- NGO Management
- Project Planning & Management
- Management in Rural Development

Environmental Economics:
- Economic Principles [advised]
- Economics of Environmental Policy
- Environmental Valuation: Theory, Techniques and Application
- Natural Resource Economics

Environmental Management:
- Introduction to Environmental Economics & Policy
- Environmental Assessment
- Environmental Auditing and Environmental Management Systems
- International Environmental Law

Natural Resource Management:
- Water Resources Management
- Sustainable Land Management
- Biodiversity, Conservation and Development
- Natural Resource Economics

Rural Development and Change:
- Agricultural Trade and Policy
- Understanding Poverty
- Food Security and Social Protection
- Rural Development
- Gender & Social Inequality

Research component :
- Research Methods
- Dissertation

Teaching & Learning

1. Academic level

All CeDEP programmes are taught to Master’s (Second Cycle) level, which involves building upon existing knowledge and understanding typically associated with the Bachelor’s (First Cycle) level or its equivalent. Study at Master’s level requires:

- originality in developing and/or applying ideas, and extending or enhancing previous learning

- application of knowledge and understanding, including problem solving in new or unfamiliar environments within broader (or multidisciplinary) contexts

- integration of knowledge and handling of complexity

- formulating judgements with incomplete or limited information, including reflection on social and ethical responsibilities

- clear and unambiguous communication of conclusions, and the knowledge and rationale underpinning these, to specialist and non-specialist audiences

- learning skills to study in a manner that may be largely self-directed or autonomous

Prospective students should note that distance education of this kind demands a high degree of commitment, determination and self-discipline. Whilst CeDEP provides significant support through the tutorial system and by other means, students taking on programmes of this nature should possess a strong measure of self-reliance.

2. Study Expectations

- How long will it take?
For students in full time employment, the MSc and Postgraduate Diploma, usually take three or four years to complete and the Certificate 2 years.

- When can I study?
You can begin your studies in either February or June. The examinations for all students are in October. The study periods are 30 weeks for students starting in February and 15 weeks for those starting in June.

- How many hours a week?
For the 30 week study period starting in February, you will need to allocate 5–6 hours of study time per module, per week. For students starting their studies in June with the shorter 15 week session, 10–12 hours per module, per week is recommended.

- How many modules can I take per study year?
We strongly recommend that students should take only one or two modules in their first year, so that they can adjust to studying at a distance, whilst combining this with work and family life.

Students wishing to complete an MSc in two years they will need to enrol/pay for three core modules and both Research Methods and the Dissertation in the first year although the Dissertation is written and submitted in the second year. Please contact your programme convenor by email.

3. Assessment

- How you will be assessed
For each module you will sit a two-hour unseen examination held on a specific date in October, worth 80% of your total module mark. There is also an Examined Assignment (worth 20% of the total module mark) which is submitted during the study year and marked by your tutor.

- Examination arrangements
Examinations are held in students’ countries of residence, using the University of London’s network of approved Overseas Examination Authorities. Fees for taking examinations at all examination centres other than London are the responsibility of the student.

Assignments are submitted to CeDEP electronically via the online learning environment.

- Assessment of the Research Component
The Research Methods module (P506) and the Dissertation (P541) are not assessed through final written examinations. These two modules constitute the Research Component of an MSc and are assessed entirely by submitted coursework.

4. Research Component

In order to qualify for an MSc, it is mandatory for CeDEP students to pass the Research Component.

The Research Component comprises two of the nine modules necessary for completion of an MSc. These are a Research Methods module (P506) and the Dissertation (P541). The modules are assessed as follows:

- RP506 through two examined assignments submitted during the study year
- P541through a 10,000 word dissertation

The Research Component is studied over two consecutive years. The Research Methods module (P506) must be studied and successfully passed before the Dissertation module (P541). This is because it provides skills and techniques which will assist with the subsequent development and conduct of your research and preparation of your dissertation. Students are required to enrol and pay for P506 and P541 at the same time.

The dissertation is usually carried out during the final year of registration with CeDEP. Students conduct desk- or field-based research in a relevant topic of their choice. All research topics are subject to approval and each student is assigned a personal supervisor. Background reading and preparation of the proposal take place between the October exams and commencement of the final study year in February.

Scholarships

For further details and information on external scholarships visit the Scholarships section (http://www.soas.ac.uk/registry/scholarships/)

Career prospects for graduates

Graduates of this programme will have a wide range of backgrounds and will typically find work in:

- government ministries and other public sector organisations concerned with policy analysis in the fields of sustainable development and environmental planning

- international and non-governmental organisations concerned with the sustainable dimensions of economic change

- consultancies and development projects concerned with issues of sustainability and analyses of the interface between environment and poverty

- applied research and teaching in institutions of research and higher education

Find out how to apply here - http://www.soas.ac.uk/cedep/applying/

Read less
Our MSc programmes in Economics will give you the opportunity to equip yourself with the necessary skills and knowledge to pursue a career in economics and related disciplines. Read more

Our MSc programmes in Economics will give you the opportunity to equip yourself with the necessary skills and knowledge to pursue a career in economics and related disciplines.

The programme consists of a set of core and elective modules, culminating in a practice-based business project or a research-based dissertation.

Core and elective modules

You will study:

  • Advanced Macroeconomics 
  • Advanced Microeconomics

Based on your prior knowledge and experience you will be streamed to study one of the following module pairings:

  • Econometrics I and Econometrics II
  • Econometrics I and Microeconometrics
  • Econometric Methods and Microeconometrics
  • Econometric Methods and Financial Modelling and Business Forecasting

You will then choose four elective modules. The list of modules may vary from year to year, but has typically included: Behavioural Finance and Economics; Development Economics; Econometrics II; Environmental Economics and Policy; Environmental Valuation; Experimental Economics and Finance; Game Theory; Industrial Organisation; International Economics; International Finance; Market Microstructure; Microeconometrics; Monetary Economics; Money and Banking; Natural Resource Management; Public Choice; Public Economics.

View module overviews

Dissertation/Business Project or Placement

In the third term you will complete a 12,000 word dissertation which may be undertaken as a consultancy project within an organisation, during a placement or with one of our international partner institutions. Supervised by a faculty member with relevant experience, you’ll investigate in greater detail a subject that you’ve already studied as part of your programme.

This is an opportunity for you to develop your business insight and present your analysis and ideas in a scholarly and professional manner; combine critical discrimination and a sense of proportion in evaluating evidence and the opinions of others.

Additional Resources

The School has made a significant investment in database resources to give you access to both live and historical data from providers which include Thomson Reuters, Bloomberg, Datasteam and Orbis. These state-of-the-art databases give you the opportunity to interrogate the financial records of millions of companies worldwide and add valuable insight to your research.

Adding to your experience

International Opportunities

We’re proud of our strong international connections. Helping you get an inside perspective on global business is a key part of the programme. That’s why we offer a range of opportunities to help you immerse yourself in a country’s business and academic environment, make new contacts and stand out in a competitive job market. These include:

  • Dissertation Abroad

If your ambitions lie beyond the UK, we offer a number of places on our unique Dissertation Abroad scheme. This will involve writing a dissertation at one of our international partner institutions in the period June to August. A number of scholarships are available.

  • International Study Tour

We organise an optional International Study Tour to a European destination, typically Switzerland. This intensive programme takes place over several days, normally in March/April, and offers you a great opportunity to get an ‘inside perspective’ on international business, and to network with key staff within organisations.

Guest Speakers

As part of your programme, you have the opportunity to enjoy presentations by academics and practitioners within your chosen area of interest. Past speakers have included representatives of major global multinationals and leading academics , providing an ideal opportunity to gain practical knowledge and progressive insight.

Course Learning and Teaching

The programme is mainly delivered through a mixture of lectures, seminars, and practicals. Lectures provide key contents of a particular topic. Occasionally lectures might be delivered by guest speakers who are internationally recognised academic experts or practitioners in their field. Students can also attend the Durham Speaker Series, providing the opportunity to network with senior business leaders, staff and alumni.

Seminars provide the opportunity for smaller groups of students to solve problems and discuss and debate issues based on knowledge gained through lectures and independent study outside the programme’s formal contact hours. Practicals are medium sized group sessions, where students practice computer software, applying topics from lectures and seminars.

Students study 3 core modules including the dissertation, a further 2 compulsory paired modules (which vary depending on students’ prior knowledge) and 4 elective modules chosen from a list of options. This enables them to undertake more in-depth study of particular topics. The 12,000 word dissertation allows students to carry out independent research and develop their skills in analysis and scholarly expression, using an appropriate theoretical framework. They are supported in writing their dissertation through the study of research methods, and attending individual meetings with an allocated supervisor who monitors their progress and provides advice.

Academic Support:

Throughout the year, students may have the opportunity to participate in extracurricular activities. They also have the opportunity to attend an International Study Week at an overseas location at the end of Term 2, which gives students the opportunity to learn about the business, economy and culture of another country, gain an ‘insider perspective’ on international businesses and network with key business staff. 

Learning Resource:

Outside of timetabled contact hours, students are expected to undertake a significant amount of independent study in preparation for teaching sessions, assignments and other forms of assessment including exams, and general background reading to broaden their subject knowledge. All students have an Academic Adviser who is able to provide general advice on academic matters. Teaching staff are also available to provide additional support on a one-to-one basis via weekly consultation hours.

Students also have access to the facilities available at Mill Hill Lane including dedicated postgraduate working spaces, an onsite library and IT helpdesk.



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Learn how to solve complex economic problems and find yourself in demand by employers in public and private sectors. Environmental management is a specialist area of economics that focusses on the key links between economics and the environment. Read more
Learn how to solve complex economic problems and find yourself in demand by employers in public and private sectors.

Environmental management is a specialist area of economics that focusses on the key links between economics and the environment.
Studying issues such as environmental sustainability and the management of protected environments on the back of a strong economics fundament, this major prepares students for a career in any area relating to natural resource and/or environmental management – either within the private or public sector, or with an international non-government organisation (NGO).
Theories studied in this major will be applied within the context of the Great Barrier Reef and the Wet Tropics Rainforest, two World Heritage Areas at JCU’s doorstep.

Comprehensive learning

As well as Environemental management, this program provides training in the key areas of economics. The skills acquired will help you to manage problems associated with:
*The labour market
*human resource management
*exchange rates
*profitability
*politics
*social welfare
*financial fragility
*the environment.

These acquired skills will help you to secure jobs in the government sector, the financial sector and in large private firms.

Who is this course for?

This course is designed for those who:
*Hold jobs that require a solid understanding of economics
*aspire to be promoted to a job whole a solid understanding of economics is expected
*and/or are considering moving into sectors in which economics expertise is vital.

Course learning outcomes

JCU graduates are committed to lifelong learning, intellectual development, and to the display of exemplary personal, professional and ethical standards. They have a sense of their place in the tropics and are charged with professional, community, and environmental responsibility. JCU graduates appreciate the need to embrace and be acquainted with the Aboriginal and Torres Strait Islander Peoples of Australia. They are committed to reconciliation, diversity and sustainability. They exhibit a willingness to lead and to contribute to the intellectual, environmental, cultural, economic and social challenges of regional, national, and international communities of the tropics.
On successful completion of the Master of Economics, JCU graduates will be able to:
*Critically analyse economic theory from both historical and recent perspectives
*Evaluate contexts within which different economic methodologies should be applied
*Evaluate sustainable economic, social and environmental practices and value systems from different perspectives within a discipline and between disciplines
*Critically analyse contemporary economic policy issues using appropriate models and make reasoned recommendations based on an intra- and interdisciplinary synthesis of theory and evidence
*Apply creative thinking effectively to economic analysis and model building
*Present complex economic analyses and information appropriately to differing audiences using effective oral presentation skills
*Present complex economic analyses and information appropriately to differing audiences using clear and fluent written communication
*Work effectively towards completing an independent, substantial research-based project, demonstrating personal autonomy in conducting research
*Exercise independent ethical judgment and initiative in solving different economic policy problems
*Explain characteristics specific to the tropics which are relevant to economic decision making.

Award title

MASTER OF ECONOMICS (MEc)

Entry requirements (Additional)

English band level 1 - the minimum English Language test scores you need are:
*Academic IELTS – 6.0 (no component lower than 5.5), OR
*TOEFL – 550 (plus minimum Test of Written English score of 4.0), OR
*TOEFL (internet based) – 79 (minimum writing score of 19), OR
*Pearson (PTE Academic) - 57

If you meet the academic requirements for a course, but not the minimum English requirements, you will be given the opportunity to take an English program to improve your skills in addition to an offer to study a degree at JCU. The JCU degree offer will be conditional upon the student gaining a certain grade in their English program. This combination of courses is called a packaged offer.
JCU’s English language provider is Union Institute of Languages (UIL). UIL have teaching centres on both the Townsville and Cairns campuses.

Minimum English language proficiency Requirements

Applicants of non-English speaking backgrounds must meet the English language proficiency requirements of Band 1 – Schedule II of the JCU Admissions Policy.

Why JCU?

James Cook University’s professional programs are internationally recognised and teaching staff are often research leaders in their fields.
James Cook University provides a productive research environment with academic staff and support readily available.

Application deadlines

*1st February for commencement in semester one (February)
*1st July for commencement in semester two (mid-year/July)

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Our MSc programmes in Economics will give you the opportunity to equip yourself with the necessary skills and knowledge to pursue a career in economics and related disciplines. Read more

Our MSc programmes in Economics will give you the opportunity to equip yourself with the necessary skills and knowledge to pursue a career in economics and related disciplines.

The programme consists of a set of core and elective modules, culminating in a practice- based business project or a research-based dissertation.

Core and elective modules

You will study:

  • Advanced Macroeconomics 
  • Advanced Microeconomics
  • Behavioural Finance and Economics
  • Experimental Economics and Finance

Based on your prior knowledge and experience you will be streamed to study one of the following module pairings:

  • Econometrics I and Econometrics II
  • Econometrics I and Microeconometrics
  • Econometric Methods and Microeconometrics
  • Econometric Methods and Financial Modelling and Business Forecasting

You will then choose two elective modules. The list of modules may vary from year to year, but in previous years has included: Development Economics; Econometrics II; Environmental Economics and Policy; Environmental Valuation; Game Theory; Industrial Organisation; International Economics; International Finance; Market Microstructure; Microeconometrics; Monetary Economics; Money and Banking; Natural Resource Management; Public Choice; Public Economics. 

View module overviews

Dissertation/Business Project or Placement

In the third term you will complete a 12,000 word dissertation which may be undertaken as a consultancy project within an organisation, during a placement or with one of our international partner institutions. Supervised by a faculty member with relevant experience, you’ll investigate in greater detail a subject that you’ve already studied as part of your programme.

This is an opportunity for you to develop your business insight and present your analysis and ideas in a scholarly and professional manner; combine critical discrimination and a sense of proportion in evaluating evidence and the opinions of others.

Additional Resources

The School has made a significant investment in database resources to give you access to both live and historical data from providers which include Thomson Reuters, Bloomberg, Datasteam and Orbis. These state-of-the-art databases give you the opportunity to interrogate the financial records of millions of companies worldwide and add valuable insight to your research.

Adding to your experience

International Opportunities

We’re proud of our strong international connections. Helping you get an inside perspective on global business is a key part of the programme. That’s why we offer a range of opportunities to help you immerse yourself in a country’s business and academic environment, make new contacts and stand out in a competitive job market. These include:

  • Dissertation Abroad

If your ambitions lie beyond the UK, we offer a number of places on our unique Dissertation Abroad scheme. This will involve writing a dissertation at one of our international partner institutions in the period June to August. A number of scholarships are available.

International Study Tour

  • We organise an optional International Study Tour to a European destination, typically Switzerland. This intensive programme takes place over several days, normally in March/April, and offers you a great opportunity to get an ‘inside perspective’ on international business, and to network with key staff within organisations.

Guest Speakers

As part of your programme, you have the opportunity to enjoy presentations by academics and practitioners within your chosen area of interest. Past speakers have included representatives of major global multinationals and leading academics , providing an ideal opportunity to gain practical knowledge and progressive insight.



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Our MSc programmes in Economics will give you the opportunity to equip yourself with the necessary skills and knowledge to pursue a career in economics and related disciplines. Read more

Our MSc programmes in Economics will give you the opportunity to equip yourself with the necessary skills and knowledge to pursue a career in economics and related disciplines.

The programme consists of a set of core and elective modules, culminating in a practice- based business project or a research-based dissertation.

Core and elective modules

Core modules provide a foundation of essential knowledge and understanding.

  • Advanced Macroeconomics
  • Advanced Microeconomics
  • Public Choice
  • Public Economics

You'll also study one of the following pairings:

  • Econometrics I and Econometrics II 
  • Econometrics I and Microeconometrics
  • Econometric Methods and Microeconometrics
  • Econometric Methods and Financial Modelling and Business Forecasting

You will then choose two elective modules. The list of modules may vary from year to year, but has typically included: Behavioural Finance and Economics; Development Economics; Econometrics II; Environmental Economics and Policy; Environmental Valuation; Experimental Economics and Finance; Game Theory; Industrial Organisation; International Economics; International Finance; Market Microstructure; Microeconometrics; Monetary Economics; Money and Banking; Natural Resource Management.

View module overviews

Dissertation/Business Project or Placement

In the third term you will complete a 12,000 word dissertation which may be undertaken as a consultancy project within an organisation, during a placement or with one of our international partner institutions. Supervised by a faculty member with relevant experience, you’ll investigate in greater detail a subject that you’ve already studied as part of your programme.

This is an opportunity for you to develop your business insight and present your analysis and ideas in a scholarly and professional manner; combine critical discrimination and a sense of proportion in evaluating evidence and the opinions of others.

Additional Resources

The School has made a significant investment in database resources to give you access to both live and historical data from providers which include Thomson Reuters, Bloomberg, Datasteam and Orbis. These state-of-the-art databases give you the opportunity to interrogate the financial records of millions of companies worldwide and add valuable insight to your research.

Adding to your experience

International Opportunities

We’re proud of our strong international connections. Helping you get an inside perspective on global business is a key part of the programme. That’s why we offer a range of opportunities to help you immerse yourself in a country’s business and academic environment, make new contacts and stand out in a competitive job market. These include:

  • Dissertation Abroad

If your ambitions lie beyond the UK, we offer a number of places on our unique Dissertation Abroad scheme. This will involve writing a dissertation at one of our international partner institutions in the period June to August. A number of scholarships are available.

  • International Study Tour

We organise an optional International Study Tour to a European destination, typically Switzerland. This intensive programme takes place over several days, normally in March/April, and offers you a great opportunity to get an ‘inside perspective’ on international business, and to network with key staff within organisations.

Guest Speakers

As part of your programme, you have the opportunity to enjoy presentations by academics and practitioners within your chosen area of interest. Past speakers have included representatives of major global multinationals and leading academics , providing an ideal opportunity to gain practical knowledge and progressive insight.



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Degree. MSc in Economics and Business Administration. ECTS credits. 120. Duration. two years. NHH is one of few business schools in the world where you can specialise in business within the energy sector and graduates from this master’s programme are in great demand. Read more
Degree: MSc in Economics and Business Administration
ECTS credits: 120
Duration: two years

NHH is one of few business schools in the world where you can specialise in business within the energy sector and graduates from this master’s programme are in great demand. This programme aims to educate the next generation of interdisciplinary managers in the fields of energy and natural resource development.
Future development and prosperity depends largely on access to energy sources and secure, reliable supplies of natural resources. Exploitation of these resources has a significant impact on the environment and getting the balance right is a critical factor in the commercial world where business sustainability is increasingly defined by factors going beyond the bottom line.
Whether your goal is to shape public policy, become a resource economist, work for a big energy corporation, or pursue a career in commodity trading and financial products, the programme provides you with an excellent basis for a future career that encompasses crucial and relevant issues to modern society.

SPECIALIST AREAS

The programme broadly focuses on four main subject areas:

Economic fundamentals of energy and natural resource value chains
Business/government interactions in commercial energy and natural resource development
Strategic responses to more competitive energy and natural resource markets
Environmental impact of business and government decisions
Its flexibility allows you to choose specialist courses that meet your individual interests and need.

Research Distinction
In addition, we offer methodological courses at advanced level for students who want to elaborate their analytical skills. The advanced courses will qualify for a master's with "Research Distinction". Students who are planning to pursue a PhD are encouraged to select at least two advanced courses.

NORWAY'S LEADING BUSINESS SCHOOL

It makes a difference where you study. NHH is one of the best business schools in Europe and is a member of the exclusive CEMS network (http://www.cems.org) – the strategic alliance of 30 leading business schools, 65 multinational companies and five NGO partners.
We welcome talented students from across the world to our master’s programmes and offer them a first-rate education – with no tuition fee.

NO FEES

NHH is a government funded university and therefore charges no application or tuition fees. As a student at NHH, the only fee you are required to pay is a small semester registration fee to the Student Welfare Organization in Bergen (SiB), allowing you to benefit from their services. The amount is currently approximately NOK 800 per semester. Some applicants are obliged to document financial ability in order to be granted a residence permit to study in Norway (citizens outside the EU/EEA area and Switzerland).

3 OUT OF 4 STUDENTS HAVE A JOB BEFORE GRADUATING

NHH graduates have relevant jobs waiting. According to our recent employment survey 3 out of 4 students have already landed a job before they graduate. The average salary for NHH graduates is approximately NOK 524 000 (approx. USD 63 000) including benefits.

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What is the economic impact of climate change? Must we sacrifice the environment to develop our economies? Can natural resources be developed sustainably? How can nations overcome low incomes and poor health? These are some of the important questions investigated in the Master of Arts in Environmental, Resource and Development Economics (ERDE) at the University of Winnipeg. Read more
What is the economic impact of climate change? Must we sacrifice the environment to develop our economies? Can natural resources be developed sustainably? How can nations overcome low incomes and poor health? These are some of the important questions investigated in the Master of Arts in Environmental, Resource and Development Economics (ERDE) at the University of Winnipeg. Graduates analyze how social, environmental and economic issues interact with one another on local and global levels.

As an ERDE student you will obtain proficiency in economic analysis, and apply this knowledge to issues surrounding low-income communities, resource use, and the environment. You will learn from dedicated faculty who are captivated by these topics, and conduct cutting edge research in these areas.

The demand for professional economists with strong analytical skills and practical knowledge in the area of sustainable development has been growing. The ERDE program caters to this demand on the part of employers, whether in the public, private or nongovernmental sectors.

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The MSc in Environmental Technology has been running for over 40 years and provides the highest standard of knowledge and skills development for environmental and sustainability specialists. Read more

The MSc in Environmental Technology has been running for over 40 years and provides the highest standard of knowledge and skills development for environmental and sustainability specialists. Through the course students acquire a diverse range of discipline-specific problem-solving skills for tackling contemporary sustainability issues. A major emphasis of the course is on the way that environments function and on the compatible tools, alternative technologies and policies for sustainable environmental management.

Our course combines the natural and social sciences, engineering and business in a truly interdisciplinary manner, providing a foundation for graduates to demonstrate their ability to identify and resolve environmental and sustainability issues in a holistic way. This broad training is followed by an in-depth education in many specialised areas, maintaining the course's interdisciplinary nature. The specialist options in the second term are designed to cater for a variety of individual interests and career requirements. 

The course provides students with different options to build on their undergraduate degree, by allowing them to specialise in an area of particular interest, convert undergraduate knowledge to a different setting, differentiate for the job market and learn specific techniques and tools for research and management.

MSc candidates learn to appreciate that successful projects depend, at least in part, on belonging to a network of experts aiming to advance personal and collective environmental goals. We emphasise a friendly and supportive learning environment.

Building on Imperial’s environmental world-class research portfolio, dedicated teaching staff coordinate the interdisciplinary nature of our course and very strong links with industry, business and regulators. We pride ourselves on the quality of the service we provide to students, science and the society, and our excellence in delivering the valuable interaction between scientific/technological training and industrial experience.

Course Structure

First term – Core Course

The Core Course emphasises contemporary policy debates through a number of cross-cutting themes: climate change and energy, international development, sustainability and health, and biodiversity. This is delivered through the following modules:

Second term – specialist Options

Student elect to specialise in one of nine Options in the second term. A strong case study approach is employed with emphasis on working in teams, decision-making, strong analytical skills and report writing and delivery. The nine specialist options currently offered on the course include:

Third Term – Individual Research Project

The research project term, running from April to September, aims to provide graduates with valuable research and practical experience and give them the ability to address individual sustainability and environmental problems with confidence. It provides the opportunity to undertake rigorous independent research; to apply knowledge and understanding of sustainability and environmental disciplines to practical problems; and to develop and demonstrate interdisciplinary, transferable skills with specific emphasis on project management and oral and written presentation skills. 

The research project normally follows from the specialist Option and may involve any combination of desk-, laboratory- or fieldwork. It may be set up and carried out in conjunction with an outside organisation thereby providing practical experience which greatly enhances employment prospects, and may be carried out in the UK or abroad.

Learning Approach

The programme aims to: 

• Provide the highest standard of training for environmental scientists and managers, who will become leaders in their fields, whether in academia, consultancy, research, government bodies, non-governmental organisations or industry and commerce, both nationally and internationally

• Deliver an holistic understanding of the interdisciplinary complexities underlying environmental issues integrating science, technology, law, economics, policy and management, with in-depth education in the more specific areas addressed by the eight specialist options

• Attract highly motivated students, both from within the UK and from overseas

 The expected learning outcomes are:

  • to understand the fundamental mechanisms operating in the environment and the principles underlying the tools for sustainable environmental management
  • to specialise in particular chosen areas
  • to develop the ability to conduct independent rigorous research into environmental problems with confidence
  • to be able to employ a knowledge from range of subjects necessary to understand and resolve practical sustainability and environmental problems
  • to develop interpersonal and transferable skills, quantitative and qualitative skills

Links with Industry

The MSc in Environmental Technology has developed very strong links with employers and research organisations, and maintains strong links with our large alumni body. All Options benefit from industry and alumni teaching into the course, actively complementing the academic teaching delivered by staff members. Collaborative frameworks are in place aim to deliver outputs beneficial to both organisations and the students in our course.



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The world’s long-term economic development depends on the existence of efficient, innovative and creative energy and resources industries. Read more

Why Natural Resources Law and Policy at Dundee?

The world’s long-term economic development depends on the existence of efficient, innovative and creative energy and resources industries. These in turn rely on individuals who possess a sound grasp of their legal, economic, technical and policy backgrounds.
Natural Resources Law and Policy is at the heart of these issues and provides the best in advanced education in its field, preparing its graduates to meet the challenges posed by the evolving global economy.

This LLM is aimed at lawyers and other professionals, both in government and industry, who wish to gain an in-depth understanding of the law and practice of international business transactions and general international economic relations. The position of this programme at the Centre provides the student a unique opportunity to combine studies in general international economic and business law and practice with specialized courses in the energy and resources industries. This intensive professional and academic training, provided by internationally leading practitioners and professors in this field, leads to a distinctive and reputed advanced academic qualification based on academic
excellence and professional relevance.

What's great about Natural Resources Law and Policy?

Throughout its history, the Centre for Energy, Petroleum and Mineral Law and Policy as part of the Graduate School of Natural Resources Law, Policy and Management at the University of Dundee has achieved continuous growth and has established international pre-eminence in its core activities. Scholarly performance, high level academic research, strategic consultancy and top-quality executive education.

Currently, we have over 500 registered postgraduate students from more than 50 countries world-wide.
Our interdisciplinary approach to teaching, research and consultancy gives us a unique perspective on how governments and businesses operate. We offer flexible courses delivered by the best in the field, devised and continually updated in line with the Centre’s unique combination of professional expertise and academic excellence.

This provides a rigorous training for graduate students and working professionals. Full-time and distance-learning degrees, intensive training programmes tailor-made for individuals or companies and short-term professional seminars are all on offer.

We will teach you the practical and professional skills you need to mastermind complex commercial and financial transactions in the international workplace, and we will expose you to many varied and exciting opportunities. Why not take a few minutes to complete our application form - it could be the most far-reaching career move you’ll ever make!

How you will be taught

The LLM is made up of compulsory and elective modules with this taught component being followed by either:
A dissertation of up to 15,000 words on a topic approved by an academic supervisor

An Internship report - students who choose this option are required to source an organisation willing to offer a 3-month work placement, approved by an academic supervisor

An extended PhD Proposal - students who propose to follow up the LLM with a PhD may, with the approval of an academic supervisor, submit a 10,000 word PhD proposal

What you will study

Compulsory Modules:
• Natural Resources Sectors: A Multidisciplinary Introduction
• Dissertation or Internship

Core Modules:
Core specialist Modules:
• Environmental Law and Policy for Natural Resources and Energy
• International and Comparative Mineral Law
• International Law of Water Resources
• International Law of Natural Resources and Energy
• Legal Frameworks for Water Resource Management
• International Petroleum Law and Policy
• Mineral Resources Policy and Economics
• National and Comparative Oil and Gas Law
• Transnational Investment Law and Policy

Elective Modules: Candidates are advised to choose additional modules from what is available on the academic timetable subject to any restrictions that may apply.

How you will be assessed

Each course is assessed by a combination of examinations and a research paper.

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