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MSc - Master of Science
Environmental Economics Environmental Studies Global Warming Climatology
This programme aims to deliver a well-developed understanding of the economics, science and policies associated with climate change, as well as a broad foundation in environmental and resource economics. It 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 to efficiently regulate pollutants such as acid rain and carbon. Environmental and resource economics also informs the design of new instruments for the conservation of ecosystem services and the efficient use of natural resources, such as water and forests, and for the promotion of renewable energy and electric vehicles.
In order to make climate change and environmental and resource issues central to the policy debate, it is also necessary to demonstrate the contribution that the environment makes to human well-being, and the serious economic and health effects of pollution. How these costs and benefits are distributed between current and future generations is another important consideration. Valuation, and the behavioural and ethical issues that this gives rise to, is a major component of environmental and resource economics and another aspect of the MSc.
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 obtaining an in-depth understanding of the scientific, economic and political dimensions of climate change.
LSE is internationally recognised for its teaching and research and therefore employs a rich variety of teaching staff with a range of experience and status. Courses may be taught by individual members of faculty, such as lecturers, senior lecturers, readers, associate professors and professors. Many departments now also employ guest teachers and visiting members of staff, LSE teaching fellows and graduate teaching assistants who are usually doctoral research students and in the majority of cases, teach on undergraduate courses only.
All taught courses are required to include formative coursework which is unassessed. It is designed to help prepare you for summative assessment which counts towards the course mark and to the degree award. LSE uses a range of formative assessment, such as essays, problem sets, case studies, reports, quizzes, mock exams and many others. Summative assessment will be a combination of unseen examinations and research essays. You will also have the opportunity to develop a dissertation on a topic within the fields of environmental, resource or climate change economics. This will allow you to pursue a research question of interest to you in depth, using the analytical tools and techniques covered in the course. You will work on your own on the dissertation, with advice from a supervisor.
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.
For this course (per year)
For this course (per year)
Upper second class honours (2:1) degree, preferably in Economics (single or joint honours) or related disciplines. We will also consider other social science, humanities and natural sciences degrees with strong grounding in quantitative methods (mathematics and statistics). Appropriate work experience will be considered in addition to sound academic background, and we are always happy to receive enquiries.