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 carbon, or the design of new instruments for the conservation of ecosystem services.
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 aims to deliver a well-developed understanding of environmental and resource economics, its conceptual foundations and practical tools of analysis, including state-of-the-art quantitative methods. You will also learn to apply economic concepts and quantitative methods to the analysis, appraisal and valuation of a wide range of environmental problems and policies. You will gain an awareness of the importance of context when applying the concepts and tools of environmental economics, and an in-depth understanding of climate change, including its scientific, economic and political dimensions.
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. Students 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.