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University of Warwick: Economics and Environmental Policy

Institution University of Warwick View institution profile
Department Economics
Web https://warwick.ac.uk/
Study type Taught

Summary

This course will explore the link between economics and sustainability and how economists can engage with pressing environmental and sustainability challenges in the global economy. This degree course is for you if you intend to work in government and public sector (e.g. policy or sustainability analyst, environmental economists); consulting and private sector (e.g. sustainability/environmental consultants, head of sustainability) or any companies dealing with renewable energy issues or sustainability goals.

An 8,000-word dissertation provides an opportunity to explore your own interests across these fields of study. You may also have the opportunity to collaborate with external stakeholders (for example, Defra, Ofgem, Bank of England and the Food and Agricultural Organization) and suggest solutions to real-life sustainability related issues. It also provides an excellent foundation if you are intending to undertake further postgraduate research.

You will be automatically enrolled on a pre-sessional Mathematics and Statistics programme to equip you with the relevant methodological skills you need to succeed on the course.

Skills from this degree

  • Knowledge and understanding of core concepts and methods of analysis in microeconomics, and econometrics and quantitative methods.

  • Knowledge and understanding of core concepts in environmental economics and policy, analytics, and how quantitative methods are applied to problems arising in public policy and in the private sector.

  • Knowledge of economic and environmental trends and patterns; survey data; and an understanding of problems and solutions in economic and environmental measurement including evaluation methods.

  • Knowledge of contemporary theoretical and empirical debates and research outcomes in core economics and in environmental policy.

  • Acquisition and processing of economic data.

  • Verbal, graphical and mathematical understanding of economic models as well as quantitative analysis pertaining to environmental policy applications.

  • Understanding models of multi-agent decision making, where pay-offs depend on the action of others, particularly asymmetric information games, repeated games and evolutionary models.

  • Understanding private verses social costs and benefits and their distribution rationale for government and international environmental policy.

  • Numeracy and quantitative skills: use of mathematics and diagrams, understanding data, statistical analysis.

  • Use of IT including word processing and spreadsheet packages; specialist econometric, statistical, and other software; the internet.

  • Written and oral communication skills.

MSc

Founded in 1965, the University of Warwick is ranked 74th in the QS World University Guide 2026, is the youngest member of the Russell Group and are listed within the top ten UK universities in all three major national league tables. However, we are so much more than our rankings.

We are renowned for seeking out and addressing complex global challenges with era-defining innovative thinking. A connected ecosystem of staff, students and alumni, the University fosters transformative learning, interdisciplinary collaboration and bold industry partnerships across state-of-the-art facilities in the UK and global satellite hubs.

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