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.
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.