This MSc is unique in the UK in focusing on five core areas which have risen rapidly up the public agenda – environment, climate and energy economics, modelling and policy – and for which there is a need for highly qualified practitioners with the skills to analyse the issues and relate the results to policy.
Students will reach a deep understanding of different economic and policy approaches to the resource and environmental problems facing the global community and nation states, especially in respect to energy and climate change. They will learn how to apply a variety of analytical methods to resolve these problems in a broad range of practical contexts.
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 (60 credits).
Core modules -Environmental and Resource Economics -Evidence, Policy Assessment and Environmental Law -Modelling, Methods and Scenarios -Planetary Economics and the Political Economy of Energy and Climate Change -Research Concepts and Methods
Optional modules -Advanced Energy-Environment-Economy Modelling -UK Energy and Environment Policy and Law -Energy, Technology and Innovation -Energy, People and Behaviour -Business and Sustainability -Advanced Environmental Economics -Econometrics for Energy and the Environment
The list of optional modules is correct for the 2016-17 academic year. Enrollment on modules is subject to availability.
Dissertation/report All students undertake an independent research project which culminates in a 10,000-word dissertation.
Teaching and learning The programme is delivered through a combination of lectures, seminars, tutorials and project work. Assessment is through examination, coursework and by dissertation.
Graduates of this programme will be equipped to become leaders and entrepreneurs in their chosen area of specialisation, whether in terms of policy-making, the business management of sustainable issues, energy system modelling or their understanding and application of innovative systems.
The skills that they will acquire will make them strong applicants for employment in a range of sectors in which sustainability has become an important consideration, including business, central and local government, think tanks and NGOs and universities and research institutes.
Employability The uniquely interdisciplinary nature of this Master's provides students with practical skills which are highly sought by employers from a variety of fields. Students will have the opportunity to attend networking events, career workshops and exclusive seminars held at the UCL Energy Institute.
Why study this degree at UCL?
The UCL Energy Institute is world leader in a range of areas covered by the programme; for example, energy systems, energy economics, energy and environmental policy and law and behavioural aspects of energy use.
Our sister institute, the UCL Institute of Sustainable Resources, provides additional expertise on resource economics. These areas are increasingly important due to related challenges, such as climate change, resource exhaustion and energy affordability.
There is a definite need for quantitative, practical environment and resource economists who understand policy. The appeal of this MSc is two-fold: it offers those with quantitative first degrees the chance to acquire high-level, energy-environment-economy modelling skills, but in relaxing the level of mathematical skills required, it is also ideal for those with largely non-quantitative first degrees.