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MSc Economics and Policy of Energy and the Environment

  • DeadlineStudy Details:

    MSc 1 year full-time, 2 years part-time, 5 years flexible

Course Description

Global economies and energy systems must transform to meet challenges of climate change, energy resources, and environmental damage. These challenges demand transformations in our economies and energy systems and, in response, this sustainability master’s degree offers you rigorous training in energy and environmental economics, policy, and modelling, combined with a wide range of specialist options to deepen your expertise. You will gain skills to analyse complex issues in energy and sustainability essential to your career finding and evaluating solutions for a sustainable future.

Economics and Policy of Energy and the Environment MSc is designed to deliver a broad and deep understanding of energy, climate, and environmental issues to prepare you for a future career as a sustainability leader in business, finance, policymaking or research. This degree expands your skillset beyond traditional boundaries, combining quantitative economics with policy expertise to tackle critical energy and climate change challenges around the world. Our diverse faculty of experts means that you can choose to specialise in the way that suits your goals best through your optional modules and your dissertation. You will learn how to apply a variety of interdisciplinary analytical approaches — from energy scenarios, microeconomics, political economy, or innovation theory — to the challenges of energy, climate, and the environment, and to a variety of practical contexts in business, finance, and policy.

Entry Requirements

Normally a minimum of an upper second-class UK Bachelor’s degree in a relevant discipline (economics, economics-plus, a science or engineering subject) or an overseas qualification of an equivalent standard. A non-quantitative degree may, however, be considered, provided that aptitude is demonstrated for quantitative analysis, e.g. through some undergraduate modules, and/or through A levels or overseas equivalents. These requirements may be relaxed for students who can demonstrate considerable and relevant aptitude and experience, for example, in business or government. Please clearly state in your personal statement how your educational or employment background (including any internships or projects) relates to the programme and what you aim to achieve through your studies.

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Fees

For fees and funding options, please visit website to find out more.

Programme Funding

UCL offers a range of financial awards aimed at assisting both prospective and current students with their studies.

Student Destinations

Graduates will be equipped to become leaders and entrepreneurs in their chosen area of specialisation, whether in terms of policy-making, economics consultancy, the business management of sustainability issues, energy system modelling or their understanding and application of innovative systems

Sustainability has become an important consideration across all sectors. The uniquely interdisciplinary nature of this Master’s provides students with transferable skills that are in demand by employers from a variety of sectors including business, consulting, government, think tanks, NGOs, universities and research institutes.

Module Details

Compulsory modules

  • Research Concepts and Methods
  • Environmental and Resource Economics
  • Introduction to Energy Modelling and Scenarios
  • Environmental Measurement, Assessment and Law
  • Planetary Economics and the Political Economy of Energy and Climate Change
  • Dissertation: Economics and Policy of Energy and the Environment

Optional modules

  • Business and Sustainability
  • Advanced Energy-Environment-Economy Modelling
  • Energy, Technology and Innovation
  • Energy, People and Behaviour
  • Econometrics for Energy and the Environment
  • Economic Methods for Sustainable Decision Making
  • Behavioural Economics and Game Theory for the Environment
  • Energy, Environment and Resources in Developing Countries
  • Social Value and New Energy Business Models
  • Climate Finance
  • Electricity Market Design for the Energy Transition

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