Environment, Climate and Energy Economics

By Kateryna Krutskykh


The programme structure for the Master of Science in Applied Economics and Sustainability with a specialization in Environment, Climate and Energy Economics starting in 2024 follows the 55-35-30 ECTS plan.

Study plan for the specialization in Environment, Climate and Energy Economics: 

Year 1:
August block: 
ECN302 Mathematics for Economists, 5 ECTS

Autumn parallell: 
ECN311 Microeconomics, 10 ECTS  
ECN306 Economics of Sustainability, 5 ECTS 
ECN372 Climate Economics, 10 ECTS  
BUS350 Data Analytics in R, 5 ECTS (Autumn)

January block:
BUS360 Taxes, Inequality and Sustainability I, 5 ECTS 

Spring parallell:
ECN301 Econometric methods, 10 ECTS - ECN201 Econometrics or the equivalent is a prerequisite for ECN301 and should be taken before ECN301.
ECN280 Energy Economics, 10 ECTS
ECN375 Natural Resource and Environmental Economics - theory and applications, 10 ECTS
ECN376 Natural Resource and Environmental Economics - applications, 5 ECTS (Spring) can be taken instead, if student have ECN275 Natural Resource and Environmental Economics - theory or equivalent from before. 
Electives (if ECN376 is taken), 5 ECTS*

Year 2: 
August block: 
ECN320 Macroeconomics III, 5 ECTS 

Autumn parallell: 
ECN305 Research Methods in Economics, 5 ECTS 
ECN303 Impact Assessment Methods, 5 ECTS 
Electives, 15 ECTS*

January block and Spring parallell: 
M30-ECON Master's thesis, 30 ECTS

*The following courses are recommended electives: 
• ECN380 Energy Markets and Regulation, 10 ECTS (Autumn) 

• ECN271 Cost Benefit Project Evaluation and Environmental Valuation, 10 ECTS (Spring)
• BUS311 Environmental Accounting and Management, 5 ECTS (Spring)

Read previous program structure here.

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