Environmental and Resource Economics

The Master of Environmental and Resource Economics at The Australian National University is a comprehensive postgraduate program designed to equip students with essential skills in economic analysis, environmental management, and policy development. This program aims to prepare graduates to address complex environmental challenges through rigorous economic frameworks and sustainable resource management strategies. Students will engage with a diverse curriculum that covers key topics such as environmental valuation, natural resource economics, climate change economics, and policy analysis, enabling them to understand the economic drivers of environmental issues and develop effective solutions. The program emphasizes both theoretical foundations and practical applications, encouraging students to undertake real-world projects, policy assessments, and data analysis. With a strong focus on interdisciplinary approaches, graduates will be well-positioned to work in government agencies, research institutions, consultancy firms, and international organizations dedicated to environmental sustainability and resource conservation. The course structure includes core subjects, electives, and a research component, fostering both depth of knowledge and flexibility to tailor the degree to individual interests. The faculty members are experts in environmental economics, providing students with mentorship and industry insights. Graduates of this program will be equipped to contribute to sustainable development policy formulations, environmental impact assessments, and resource management plans, making a meaningful difference in tackling global environmental issues. Overall, the Master of Environmental and Resource Economics offers a balanced blend of theory, practical skills, and policy-oriented training to support careers committed to environmental stewardship and economic resilience.

The Master of Environmental and Resource Economics at the Australian National University offers an in-depth exploration of economic theories and analytical tools applied to environmental and resource management issues. This program is designed to equip students with the skills to analyze complex environmental challenges and craft effective policy solutions. Throughout the coursework, students will study fundamental economic principles, the elasticity of supply and demand concerning natural resources, and the economic implications of environmental policies. The curriculum emphasizes quantitative methods, including econometrics, to evaluate environmental data and assess the impact of various interventions. Students will gain expertise in areas such as climate change economics, sustainable development, conservation strategies, and the valuation of environmental assets. The program also covers market-based approaches to environmental management, including pollution trading schemes and incentive-based regulation. Additionally, students are encouraged to develop interdisciplinary perspectives by integrating insights from ecology, law, and political science. Practical skills are emphasized through case studies, policy analysis, and research projects, preparing graduates for careers in government agencies, international organisations, consulting firms, and research institutions. The Master of Environmental and Resource Economics at ANU is delivered by expert faculty renowned for their research contributions, ensuring students receive cutting-edge knowledge and training. Graduates of this program will be well-equipped to analyze environmental issues critically, design sustainable economic policies, and contribute meaningfully to the global effort to balance economic development with environmental conservation.

Program requirements for the Master of Environmental and Resource Economics at the Australian National University include the successful completion of 96 units structured over the duration of the program. Prospective students must hold a recognized undergraduate degree with a strong emphasis on economics, environmental science, or related fields. The curriculum is designed to equip students with comprehensive knowledge of economic principles, environmental policy analysis, resource management, and sustainable development strategies. Core courses typically cover advanced microeconomics and macroeconomics, environmental economics, and resource economics, and are mandatory for all students. In addition to the core subjects, students are required to choose a specified number of elective courses, which may include topics such as climate change economics, natural resource valuation, environmental law and policy, or ecological economics. The program emphasizes the development of analytical and quantitative skills, with coursework involving econometric modeling, data analysis, and policy evaluation. Candidates must also complete a research thesis or a capstone project demonstrating their ability to apply economic theories and methodologies to real-world environmental issues. Practical components such as internships or industry projects may be encouraged or required to enhance experiential learning. Admission criteria typically include academic transcripts, proof of English language proficiency, and a statement of purpose outlining the applicant’s motivation and relevant background. The program is aimed at preparing students for careers in government agencies, consulting firms, research institutions, and international organizations involved in environmental management, policy formulation, and resource conservation. Successful graduates will be proficient in economic analysis related to environmental and resource issues, capable of conducting independent research, and equipped with the skills needed to influence policy and promote sustainable practices.

The Australian National University offers the Environmental and Resource Economics program with various financing options to support students throughout their studies. International students are generally required to pay tuition fees that are outlined annually on the university’s official website, with specific fees for domestic and international students. The university provides a range of scholarships and grants aimed at assisting students financially. These include merit-based scholarships, which are awarded based on academic excellence, and needs-based grants, which consider the financial situation of applicants. Scholarships such as the ANU Excellence Scholarships and other faculty-specific awards can significantly reduce tuition costs or provide living allowance support.

In addition, students are encouraged to seek external funding sources such as government scholarships, research grants, and sponsorships from organizations aligned with environmental and resource economics. The Australian government offers various financial aid programs for domestic students, including HECS-HELP, which allows eligible students to defer tuition fees until they are employed and earning above a certain threshold. For postgraduate coursework and research students, the university offers stipends and financial support for research projects.

International students also have access to the International Student Scholarship, which provides partial tuition fee waivers. Besides scholarships, students can explore part-time work opportunities both on and off campus, which can help offset living expenses. ANU’s location in Canberra provides access to various government and private sector internships that may offer stipends or salaries reducing the overall cost of education. Students are advised to check the university’s official financial aid webpage for updated information on specific financial programs, application procedures, eligibility requirements, and deadlines.

Overall, while tuition fees and living expenses constitute a significant portion of the financial considerations, ANU’s comprehensive scholarship programs, government aid options, and external funding sources make studying Environmental and Resource Economics at the Australian National University more accessible to a diverse range of students.

The Master of Environmental and Resource Economics at the Australian National University (ANU) is a postgraduate program designed to equip students with advanced knowledge and skills in the fields of environmental management, resource economics, and sustainability. This program emphasizes the integration of economic analysis with environmental issues to develop effective policies for sustainable development. Students gain a comprehensive understanding of the economic principles related to natural resource management, environmental policy, and the valuation of environmental assets. The curriculum covers topics such as environmental valuation methods, market-based instruments, natural resource economics, climate change economics, and sustainable development strategies. The program aims to prepare graduates for careers in government agencies, international organizations, consulting firms, or research institutions where they can apply economic principles to solve environmental problems. The coursework combines theoretical foundations with practical applications, including case studies and policy analysis, to enhance students' ability to assess environmental trade-offs and design sustainable solutions. Admission requirements typically include a relevant undergraduate degree, such as economics, environmental science, or a related discipline, and proficiency in English. The program may offer specializations or electives tailored to specific interests within environmental economics. Graduates of the Master of Environmental and Resource Economics are well-positioned to contribute to efforts addressing global challenges such as climate change, biodiversity loss, and resource depletion, aligning economic strategies with environmental sustainability goals.