Environmental and Natural Resource Economics MSc

Climate change, deforestation and unsustainable use of resources are all issues at the top of the environmental agenda. An understanding of the interactions between the environment and economics is essential for developing appropriate policies to tackle global issues in the long term.

Environmental and natural resource economists deal every day with the most challenging problems facing mankind: global climatic change, environmental pollution, deforestation, biodiversity loss, water scarcity and food poverty, to name but a few.  

The Environmental and Natural Resource Economics MSc programme is unique in that it combines a solid foundation in key areas of economics, with specialized field courses.

Our students receive a thorough grounding in macroeconomics, microeconomics and econometrics, alongside an in-depth knowledge of the economics and policy of environmental pollution, renewable and non-renewable resource use, as well as the interaction between globalization and environmental degradation.

In addition, we emphasise the development of the quantitative skills necessary to understand and perform empirical work in economics, with particular attention to the valuation of environmental goods in monetary terms.

During your time studying the Environmental and Natural Resource Economics MSc at Birmingham Business School, you can expect to learn about:

  • global environmental pollutants and climate change,
  • emissions trading schemes,
  • the links between trade and the environment,
  • the role of innovation and technological change policy in securing a transition to a low carbon economy
  • the optimal management of fisheries and forests as well as fossil fuels and mineral resources,
  • hedonic analysis and choice experiments as methods of valuing intangible goods
  • how to modify national accounts to reflect resource depletion and pollution.


The programme comprises 180 credits in total (credits given in brackets below). You will also submit a research dissertation.  

Core modules

In addition to the compulsory modules, you must choose 20 credits from the following:

Optional modules

Please note all modules are subject to change

Fees and funding

  • UK/EU students = £6,210
  • International students = £15,000

Please check with the School for the latest fees information. Learn more about fees and funding.

Business School Scholarships may be available, find out more about our scholarships.

International students can often gain funding through overseas research scholarships, Commonwealth scholarships or their home government. Find out more.

Entry requirements

  • A good BSc degree in Economics, preferably with a result of at least a 2:1 (Hons) or the equivalent


  • A degree in another discipline, preferably in the social sciences, with a result of at least a 2:1 (Hons) or the equivalent, that included modules on microeconomics, mathematics, and statistics, and preferably also macroeconomics and econometrics

Relevant work experience is not essential but will be beneficial to the application.

Learn more about entry requirements

International students
We accept a range of qualifications from different countries – learn more about international entry requirements 

Standard English language requirements apply

How to apply

When clicking on the Apply Now button you will be directed to an application specifically designed for the programme you wish to apply for where you will create an account with the University application system and submit your application and supporting documents online. Further information regarding how to apply online can be found on the How to apply pages

Apply now

The Department of Economics boasts a large group of academics highly active in the field of Environmental Economics.

You will be taught by senior members of staff, who regularly publish in the leading journals in their fields, such as the Journal of Environmental Economics and Management, Environmental and Resource Economics, and Ecological Economics.

We also value excellence in teaching; all our lecturers have received outstanding teaching evaluations, and one of them is a co-author of the best-selling environmental economics textbook in Europe.

The Department of Economics also has numerous PhD students, many working on environment related projects, some of which graduated from our MSc course. We foster a collegial and intellectually stimulating environment by regularly hosting a range of visiting speakers, running a specialized seminar series, and organising postgraduate workshops inviting students from other leading universities

Learning settings

Set in landscaped gardens this multi-million pound home to Birmingham Business School is equipped with the latest facilities and technology to ensure your studies are inspired by their surroundings. Lectures and teaching will take place in a variety of versatile lecture theatres and breakout rooms which, as well as the traditional whiteboard and pen, are equipped with wireless connection and constantly updated technology including all the audio-visual equipment that you would expect from one of the UK’s premier insitutions.

Research study area

This is an example of the type of dedicated space we have available for research students across the College

Assessment methods

A number of methods of assessment are used in the Business School, including assignments, group work, presentation, and examinations. The method(s) of assessment for each module will be detailed in the Module Description.

The most common forms of assessment used are written assignments and exams, and information on these is given below. Help and guidance on other forms of assessment will be given in the module in which they are used.

This programme provides rigorous training in environmental and resource economics. This will prove valuable to employers in local and national government, government agencies, environmental organisations, business and academia.


In recent years, our students have gone on to take up positions in;

  • government ministries (the Department of Energy and Climate Change, the U.S. Environmental Protection Agency, etc.)
  • public and private sector companies
  • international and non-governmental organisations
  • consultancy firms

Some of our graduates pursue further studies either in Birmingham or elsewhere, and go on to research and teaching careers in institutions of research and higher education.

Careers in Business

Careers in Business is a dedicated service for postgraduate Business School students. We’ll help you in all aspects of your career management, from planning your job-seeking strategies, applying for jobs, preparing for interviews and assessment centres and developing your essential employability skills. At the start of your programme you will receive an email from our team, giving details of how you can access Careers in Business Online. Please get in touch to find out how our Careers in Business team can support you.

Career development advice

Our consultants offer an individual advice service, which includes:

  • Career review and objective setting
  • Job-seeking strategies
  • CV review
  • Application advice
  • Interview and selection advice
  • Working in the UK
  • International work enquiries

Skills coaching

Employers aren’t just looking for great qualifications. They want to see high-quality personal skills too, such as team working, leadership, presentation and interpersonal skills. Our Skills Development Consultants offer individual appointments to help you shape and hone these qualities.

Keeping you up to date

Our Employer Liaison Team regularly undertakes initiatives to attract employment/ project opportunities into the Business School. You can find information about vacancies and other openings on Careers in Business Online and on Business School noticeboards, as well as through the Careers and Employability Centre vacancy database .

Careers events and workshops

This is your chance to find out about employment opportunities, develop your skills and network with industry professionals. Our range of career management, personal development and employer events are a great opportunity to discover what’s open to you upon graduation – just sign up to the events to take part.

Using the Careers and Employability Centre

Postgraduate students in the Business School are very welcome to use the services provided by the Careers and Employability Centre such as online vacancy listings, employer presentations and fairs and accessing online careers information. You can use the Careers in Business team for individual appointments, CV checking, mock interviews and other job search-related activities.