Taught course

Environmental Economics and Climate Change

Institution
London School of Economics and Political Science (LSE) · Department of Geography and Environment
Qualifications
MSc

Entry requirements

2:1 degree or equivalent in any discipline, preferably a social science. Will consider appropriate work experience in addition to sound academic background.

English standard level.

Months of entry

September

Course content

About this MSc programme

The programme aims to deliver a well-developed understanding of environmental and resource economics, its conceptual foundations and 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.

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 obtaining an in-depth understanding of the scientific, economic and political dimensions of climate change.

Department of Geography and Environment

The Department of Geography and Environment is highly regarded both nationally and internationally. In 2018, the QS World University rankings rated the Department 2nd globally for Geography. The Department have had 3 holders of the highly competitive Philip Leverhulme Prize Fellowships for researchers under 36.

It currently has the largest group of full-time academic environmental economists in any UK university, and one of the largest internationally. Importantly, the Department enjoys close links with the Grantham Research Institute on Climate Change and the Environment and the ESRC Centre for Climate Change Economics and Policy.

Information for international students

For country-specific information regarding entry requirements, fees, and scholarships avaliable, please visit LSE's country pages.

Fees and funding

Every graduate student is charged a fee for their programme.

This programme is eligible for needs-based awards from LSE, including the Graduate Support Scheme, Master's Awards and Anniversary Scholarships.

This programme is available as part of an ESRC-funded pathway onto a PhD programme. The 1+3 scheme provides funding for a one year research training master's linked to a PhD programme and is designed for students who have not already completed an ESRC recognised programme of research training.

More information on funding and scholarships can be found on the LSE website.

Qualification and course duration

MSc

part time
24 months
full time
12 months

Course contact details

Name
Student Recruitment Office
Email
stu.rec@lse.ac.uk
Phone
+44 (0)20 7955 6613