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Centre for Development, Environment and Policy (CeDEP)

Environmental Economics

Programme Convenor: Mr Laurence Smith

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, although many concepts and methodologies are also relevant to the urban environment.

Programme aims

The programme gives students the opportunity to develop:

  • a critical understanding of the different ways in which economic decisions, market forces and government policies can affect the natural environment
  • a sound knowledge of the theory and techniques of non-market valuation to estimate the demand for environmental quality of the cost of environmental degradation
  • the ability to design and critically evaluate public policies towards the environment and natural resources
  • an appreciation of the usefulness of environmental economics in informing political decision-making
  • enhanced communication and presentation skills
  • the ability to access the environmental economics literature and to pursue their own research

Programme structure

QualificationNumber of modulesDuration
 CoreElectiveResearchTotal 
MSc in Environmental Economics43*29Minimum of 2 years and maximum registration of 5 years
PGDip in Environmental Economics44* 8Minimum of 2 years and maximum registration of 5 years
PGCert in Environmental Economics31* 4Minimum of 1 year and maximum registration of 5 years
* Includes one free choice across all programmes subject to the approval of the Programme Convenor.