Master of Science (MSc) in Environmental and Natural Resource Economics
The MSc programme in Environmental and Natural Resource Economics is a social science programme where you study economics, the environment and natural resources in a national as well as a global context. The overarching theme is: How do we make the most of the environmental and natural resources that are available to us?
The programme is offered in English.
With an MSc degree in Environmental and Natural Resource Economics, you will know how to deal with environmental and natural resource problems from an economic perspective and with a solid understanding of basic bio-physical relationships relevant for the practical implementation of solutions to these problems. Climate change, environmental changes and the use of the world’s natural resources have an impact on all of us. Both globally and locally. The future challenges are huge and numerous – after graduation from the MSc programme in Environmental and Natural Resource Economics, you can help solve them.
For instance, you will know how best to limit pollution using economic instruments, such as for instance green taxes. And you will have an insight into how a country meets its international undertakings concerning CO2 emissions in the least expensive way. And you will be able to assess the economic value of the environment in order to include it in economic decision making.
Profile and Career
The MSc programme in Environmental and Natural Resource Economics is a social science programme where you study economics, the environment and natural resources in both a national and global context.
The recurring theme of the programme is how we make the most of the available resources.
Graduates from the MSc programme in Environmental and Natural Resource Economics work using economic theory and methodology on, for example, the sustainable management of a country's fossil fuel energy reserves and its involvement in international environmental agreements.
You will have an insight into how countries can meet their international undertakings concerning reductions of carbon emissions in the best and least expensive way.
After having graduated from the MSc programme in Environmental and Natural Resource Economics, you will, among other things, be able to:
- Assess issues in respect of environmental and natural resources and economics and propose solutions based on theory on economic, political, social and ethical interrelations – based on a solid understanding of basic natural science which is often crucial for sound management of environmental and natural resource problem.
- Carry out quantitative and qualitative analyses of environmental and natural resource issues.
The language of instruction is English, and the programme has an international outlook.
As a graduate from the MSc programme in Environmental and Natural Resource Economics, you have good career opportunities. You will typically be working with focus on environmental and natural resource economic analyses, project assessment, and management and development assignments. You will often be working in a multidisciplinary setting where you, with your knowledge of both social and natural science, are the link between different disciplines, e.g. between economists and biologists and developers and conservationists.
This may be in both private companies, public institutions or NGOs – both nationally and internationally.
There is a well-established collaboration between the students and the business community that ensures excellent prospects for internships or project collaborations, providing you with a unique experience and a good network.
Recent graduates from the programme have, for example, found jobs in the EU, the Danish Ministry of Climate and Energy, DONG Energy, the Danish Environmental Protection Agency, the Danish Energy Agency, Coloplast and the World Conservation Union. Furthermore, many graduates have successfully pursued a career in research.
During your first year of study, you follow the thematic course Ecology and Ecosystems Science in relation to Environmental Economics as well as five compulsory courses:
- Applied Econometrics, where you learn how to carry out empirical studies.
- Natural Resource Economics, where you learn optimum use of limited natural resources such as oil compared with renewable natural resources such as forests, which can be replanted.
- Economic Theory of Environmental Policy, where you learn about economic regulation of environmental problems.
- Economic Valuation Methods and Cost Benefit Analysis, where you learn methodologies for evaluating the benefits and costs of environmental initiatives.
- Applied Environmental and Natural Resource Economics, where you will work on a practical project based on the knowledge and competences gained in the previous courses, either in groups or individually. Examples of topics from previous years’ project assignments are: Economic valuation of ecosystem services, International environmental agreements in relation to contract theory, Pollution mitigation by means of organic farming, Externalities from windmills.
The thematic course in Ecology and Ecosystems Science in relation to Environmental Economics is placed in blocks 1 and 2 of the first year. It is based on lectures, classroom discussions, theoretical and practical exercises, excursions, and project work involving written assignments. The thematic course will give you a basic understanding of natural science specifically in relation to ecosystems and the services they provide to society, and you will also acquire an understanding of how our use and management of natural resources impacts on these ecosystem services. The focus is on ecosystem structures, functions and processes that are of special importance to the practical application of economic theories, methods and instruments taught in subsequent economics courses. The thematic course will thus give you a basic foundation in natural science which is necessary to work with a large part of the practical cases that are used in the subsequent courses.
At the same time, you have the option of supplementing your studies with courses within, for example, biology, management, law or economics from other faculties at the University of Copenhagen and from Copenhagen Business School. Some students also take courses at the University of Southern Denmark.
The elective courses offer you the opportunity to personalise your study programme.
The programme is concluded with a thesis that gives you the title Master of Science (MSc) in Mathematics and Economics (in Danish: cand.scient.oecon.).
In your thesis, you will be working independently on a theoretical or empirical project. As you can see from thesis subjects from the last few years, the issues range from Danish agriculture to tropical rainforest:
- Valuation of nuisances of living in the vicinity of a pig farm
- Nitrogen contracts – assessment of an environmental policy instrument
- Willingness among Danish consumers to pay for certified timber products
- Economic Assessment of Ecotourism in a Tropical Rainforest
- Cost-Benefit Analysis of the implementation of the EU Water Framework Directive
- Teaching on the MSc programme in Environmental and Natural Resource Economics
Instruction is in the form of lectures, seminars, practical and theoretical exercises, and there will be a good deal of project work. You will be working both independently and in project groups.
When and how to apply
The application procedure for EU/EEA and Swiss Citizens
- Make sure to check the admission requirements.
- Contact SCIENCE Student Service if you have questions.
- Prepare your relevant documentations (see checklist) - Language tests and certified diplomas can be forwarded through the online application portal up until study start.
- From 1 February to 1 April you can send your application through THE ONLINE APPLICATION PORTAL
- We must receive your application no later than 1 April (Fall Semester).
- After 1 April application deadline, your application will be evaluated by an academic admissions committee.
- You will receive a response no later than 15 June.
- Study start 1 September 2014.
Application Procedure Non-EU/EEA Citizens
- Make sure to check the programme admission requirements.
- Contact SCIENCE Student Services if you have questions.
- Prepare your relevant documentations (see checklist). Incomplete applications will not be processed.
- From 15 November to 15 January you can send your application through THE ONLINE APPLICATION PORTAL
- We must receive your application no later than 15 January (Fall Semester).
- Your application is evaluated by an academic admission committee between 15 January and 15 March: All applicants offered admission will receive an invoice for tuition fees which must be paid by 15 April
- If admitted, you will receive your letter of admission after we have received your tuition fee payment.
- 1 May is the deadline for applying for your residence permit.
Checklist for Documentation
In order to make sure we have all the information needed to evaluate your past achievements and future potential, you are required to submit the following items:
- An original or certified copy* of your academic transcript from your Bachelor degree. If the transcript is in a language other than English or a Scandinavian language, please include an official English translation.
- A certified copy* of your Bachelor diploma. If you are yet to receive your diploma, please provide a letter from your university stating the date when the diploma will be issued.
- Course descriptions of courses undertaken in your Bachelor degree relevant to the programme you are applying for. These can be in the form of photocopies from your university's academic handbook/course lists or print-outs from the university's website. They should describe what was required of you to complete the courses, what was studied and hours of study. These course descriptions allow us to understand exactly what you have studied in your prior degree, and help us to determine whether you meet the requirements and are eligible for the MSc degree at the Faculty of Science.
- An updated version of your C.V. (curriculum vitae)/résumé A photo is not necessary.
- A photocopy of your passport. Should you have more than one passport (citizenship) please copy the passport with which you will use to travel to Denmark. NB: You must use your EU/EEA passport should you wish to be given a tuition fee waiver.
- Proof of English language proficiency (not applicable to native English speakers) 1) Acceptable TOEFL/IELTS exam results (these test results should be sent to us separately from the test centre upon your request) OR 2) Proof that English was the language of instruction in your prior education. See more information on the language requirements.
* An official certified copy is a copy of an original document that has been certified as a true and correct copy by a person who is authorised to witness a statutory declaration. Official certified copies are usually a photocopy of the original document stamped, signed and verified by an official in your country. Each country varies in whom is qualified to certify documents, however generally speaking your university, lawyers and embassies can certify documents for you, so that we can verify that what we have is a true replica of the original (and therefore determine if you are eligible for the MSc with us).
Please note that when you apply for admission through the digital application system, you are responsible for including and uploading all relevant documents listed in the application package as described above. If you do not have the necessary documentation at time of application you must instead upload an explanation. You can not continue the application process, if you fail to upload information when the application system requires it.
Please note that if you are admitted to an MSc programme at SCIENCE, you may be requested to present your original diploma and transcript at your arrival in Denmark. This will allow us to verify the documents.
If you have already applied digitally, you can always log on to the system and check up on the status of where in the application process your application currently is. Once your application is processed, you will also receive messages regarding your application through the online application system.
- EU/ EEA/Swiss applicants:
1 April 2014 for admission 1 September 2014
- Non EU/ EEA applicants:
15 January 2014 for admission 1 September 2014