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Resource Economics and Sustainable Development (RESD) is a second-degree cycle - two year master degree that offers excellent preparation in applied environmental economics. The first edition will start in the academic year 2014/2015.

2nd cycle graduates in RESD will have a critical understanding of complex interactions and interdependencies between economic decisions, market forces, governmental policies and the environment. Built on a solid foundation in applied economics, this preparation will distinguish RESD graduates for their ability to critically evaluate the qualitative and quantitative implications of environmental policies and to autonomously produce research, forecasts and plans concerning the evolution of markets for natural resources and to contribute to the design, production and marketing of products compatible with the consumption of natural resources and their sustainability. RESD offers a series of courses that provide an in-depth analysis of specific natural resources, where the consumption of the resource is studied in an integrated way, taking into account the institutional setup of markets and the competitive strategies of firms.

The School of Economics, Management and Statistics, which offers the Master in Resource Economics and Sustainable Development, is part of the University of Bologna. Founded in 1088, it is the oldest academic institution of the Western world and is one of the most important higher education institutions in Italy and the whole of Europe. RESD will be offered at the Rimini Campus of the University of Bologna.

Expected learning outcomes:


2nd cycle graduates in RESD will have a solid grasp of the modern theoretical aspects concerning environmental economics, environmental policy and econometrics, as well as specific, in-depth knowledge of the main empirical research techniques in these areas.
The teaching tools include an appropriately balanced ratio of lectures, seminars, practical exercises and discussion groups, as well as supervised and autonomous self-study.

Assessment is mainly through written and oral exams, with some written assignments set for specific activities.


RESD graduates:

  • - will possess appropriate specialist knowledge of economics and are able to apply:

a) highly qualified information concerning the use and consumption of natural resources and sustainable development, on a local and global level, taking into account strategic aspects and the institutional framework of complex and rapidly transforming markets;
b) information analysis and synthesis skills;
c) skills to formulate flexible strategies to effectively pursue the environmental mission of firms and policy makers;

  • - will be able to use the relevant results, primarily mathematical and statistical techniques and knowledge of business and legal fields, in other fields;
  • - will be fully familiar with business and market information flow analysis techniques and will be able to process them for strategic and forecasting purposes.

The teaching tools implemented aim to develop application skills in specific, concrete situations. They include an appropriate, balanced ratio of lectures, laboratory work, practical exercises and the development of individual and group projects.

Assessment is done through written and oral exams, written assignments, practical work and problem solving activities which aim to demonstrate the students' command of tools, methods and critical autonomy.


RESD graduates:

  • - will be able to competently and autonomously assess and provide solutions to environmental problems at a local and global scale;
  • - will be able to consider aspects of environmental law as well as issues concerning the competitive strategies of businesses;
  • - will be able to apply these techniques to real cases and data;
  • - will have a critical approach to the most recent environmental issues and instruments of their field.

Judgement skills are particularly developed in individual and group project work, and during the production of an original, partly autonomous dissertation on a research subject agreed with the supervising professor. Seminars and laboratory activities, personal assignments and oral presentations will also allow the students to develop their critical and judgement skills.

They are assessed during the course units chosen by the students in their studies and their ability to work autonomously as well as in groups. Great importance is also placed on the assessment of the report presented by the students following their internships, the final examination and relative preparatory activities.


RESD graduates:

  • - will be able to communicate the results of their own research and other economic literature through oral presentations to scientific conventions, workshops and working meetings, and through analytical business reports presented to top company management.
  • - will be able to communicate their research results in written form and produce company reports.

Communication skills will be developed through a variety of learning activities and assessed through written assignments, laboratory work, oral presentations, the coordination of or participation in working groups and seminars, as well as the comprehension of texts, interventions and seminars in the English language. Students will also be required to coordinate and participate actively in study groups.


RESD graduates will be able to:

  • - understand the main theoretical and empirical results of modern environmental economics and policy.
  • - develop applied research projects, under supervision.

Learning skills are developed and assessed through various activities – self-study (monitored through periodic tests), the organisation of study time dedicated to laboratories, bibliographic studies and continuous research, interaction in seminars, the correction and, where required, rewriting of assignments.

The study programme offers ample opportunity for autonomous activities, including individual and group project work. It is completed by the production of a dissertation, guided by the professors acting as supervisors and external examiners. The final examination also provides an incentive for autonomous research as well as collaboration with the supervising professors, and is a further opportunity for the assessment of learning skills.

First Year

Insegnamenti obbligatori del primo anno





Second Year

1) Insegnamenti e attività formative obbligatori

  • FINAL DISSERTATION - Not available for the year 2014/2015
  • FINANCIAL ECONOMICS AND RISK MANAGEMENT - Not available for the year 2014/2015
  • GREEN STRATEGY AND SUSTAINABLE INNOVATION - Not available for the year 2014/2015

2) Un insegnamento da 6 crediti a scelta tra: (6 CFU)

  • DEVELOPMENT ECONOMICS AND SUSTAINABILITY - Not available for the year 2014/2015
  • ECONOMICS OF CLIMATE CHANGE - Not available for the year 2014/2015
  • ECONOMICS OF ENVIRONMENTAL POLICY - Not available for the year 2014/2015
  • ECONOMICS OF WELFARE - Not available for the year 2014/2015
  • ENERGY SYSTEMS AND POLICY - Not available for the year 2014/2015
  • GREEN TECHNOLOGY AND INNOVATION - Not available for the year 2014/2015
  • REGIONAL AND TRANSPORT ECONOMICS - Not available for the year 2014/2015

3) Un insegnamento a scelta tra: (6 CFU)

  • RENEWABLE ENERGY PRODUCTION - Not available for the year 2014/2015

4) Attività seminariale (3 CFU)

  • SEMINARS - Not available for the year 2014/2015

4) Insegnamenti a scelta per 12 crediti tra: (12 CFU)

  • ENVIRONMETRICS - Not available for the year 2014/2015
  • SUSTAINABLE TERRITORIAL DEVELOPMENT - Not available for the year 2014/2015
  • WASTE MANAGEMENT LCA - Not available for the year 2014/2015

University requirements

Program requirements

Admission to RESD requires an undergraduate Bachelor degree in one of the following major: Economics, Political Science, Statistics, Mathematics and Natural Sciences, Chemistry, Biology, Engineering and to graduates holding an Italian degree qualification in: L-2, L-7, L-13, L-16, L-18, L-21, L-23, L-25, L-27, L-30, L-32, L-33, L-34, L-35, L-36, L-37, L-41 (AS FOR dm 270/04 and those equivalent as for DM 509/99).A Scientific Committee will verify skills and competence of the candidates required on the basis of the curriculum vitae and useful documents sent to the Commission as listed herewith. English Language Requirements IELTS band: 6.5 TOEFL paper-based test score : 550 TOEFL iBT® test: 80

The University of Bologna offers Unibo Action 2 study grants to deserving international students, who wish to register for Second Cycle Degree Programmes in A.Y. 2014/2015.

The grants, worth € 11,000 gross, are assigned on the basis of the GRE (Revised General Test) test scores. Read the full information on the requirements and the application procedure in the call for applications, available on the website of the University of Bologna.

The deadline to apply for these grants is March 31st, 2014.

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