DEPARTMENT OF ENVIRONMENTAL AND NATURAL RESOURCE ECONOMICS

Tel: 07103 872307

Environmental and resource economics is playing an increasingly central role in both understanding the causes of, and designing policy solutions to, contemporary environmental problems. Nowhere is this more apparent than in the case of human-induced climate change. Amongst others, economic analyses have been used to determine the net costs/benefits of different policy scenarios, to better understand how to achieve and sustain international co-operation, and to evaluate the efficiency of different environmental policy instruments. Environmental and resource economics has been instrumental in informing policy across the world, for example, in market creation such as for carbon, or the design of new interventions such as payments for ecosystem services (PES). In these, and across a wide range of other issues, from biodiversity and ecosystem loss, air pollution to, more broadly, the link between the environment and sustainable economic development, the theory and applied tools of environmental economics are uniquely placed to inform and guide decision-makers in addressing environmental challenges.

Vision

Department of Environmental and Resource Economics engaged in a visioning process to set its course for the future. The following vision describes how we should adjust our programs to respond to future challenges and maintain a high standard of excellence. Department of Environmental and Resource Economics strives to be a premier source of education, research, and leadership development.

Mission

Department of Environmental and Resource Economics engages people in the use of economic analysis for making decisions involving environmental issues, climate change, and natural resources, etc. and communities through the pursuit of learning, leadership, diversity, professional development, and excellence. The program of department of Environmental and Resource Economics aims to provide students with the following:

1) A well-developed understanding of environmental and resource economics, its conceptual foundations and practical tools of analysis, including state-of-the-art quantitative methods;

2) An ability to apply economic concepts and quantitative methods to the analysis, appraisal and valuation of a wide range of environmental problems and policies;

3) An awareness of the importance of context, both from an institutional and policy perspective, when applying the concepts and tools of environmental economics;

4) An in-depth understanding of climate change, including its scientific, economic and political dimensions.

Board of Leaders

Major

Bachelor of Environmental and Natural Resource Economics

List of Courses