This MSc is unique in the UK in focusing on five core areas which have risen rapidly up the public agenda – environment, climate and energy economics, modelling and policy – and for which there is a need for highly qualified practitioners with the skills to analyse the issues and relate the results to policy.
Modes and duration
Tuition fees (2017/18)
- £12,950 (FT)
- £23,050 (FT)
Note on fees: The tuition fees shown are for the year indicated above. Fees for subsequent years may increase or otherwise vary. Further information on fee status, fee increases and the fee schedule can be viewed on the UCL Current Students website. Fees for flexible, modular study are charged pro-rata to the appropriate full-time Master's fee taken in an academic session.
Normally a minimum of an upper second-class UK Bachelor’s degree in a relevant discipline (economics, economics-plus, a science or engineering subject) or an overseas qualification of an equivalent standard is required. A non-quantitative degree may, however, be considered provided that some aptitude, e.g. at A level, has been demonstrated for quantitative analysis. These requirements may be relaxed for mature students who can demonstrate aptitude and experience, for example, in business or government.
English language requirements
If your education has not been conducted in the English language, you will be expected to demonstrate evidence of an adequate level of English proficiency.
The English language level for this programme is: Standard
Further information can be found on our English language requirements page.
Country-specific information, including details of when UCL representatives are visiting your part of the world, can be obtained from the International Students website.
International applicants can find out the equivalent qualification for their country by selecting from the list below.
Select your country:
Students will reach a deep understanding of different economic and policy approaches to the resource and environmental problems facing the global community and nation states, especially in respect to energy and climate change. They will learn how to apply a variety of analytical methods to resolve these problems in a broad range of practical contexts.
Students undertake modules to the value of 180 credits.
The programme consists of five core modules (75 credits), three optional modules (45 credits) and a dissertation (60 credits).
- Environmental and Resource Economics
- Evidence, Policy Assessment and Environmental Law
- Modelling, Methods and Scenarios
- Planetary Economics and the Political Economy of Energy and Climate Change
- Research Concepts and Methods
- Advanced Energy-Environment-Economy Modelling
- UK Energy and Environment Policy and Law
- Energy, Technology and Innovation
- Energy, People and Behaviour
- Business and Sustainability
- Advanced Environmental Economics
- Econometrics for Energy and the Environment
The list of optional modules is correct for the 2016-17 academic year. Enrollment on modules is subject to availability.
All students undertake an independent research project which culminates in a 10,000-word dissertation.
Teaching and learning
The programme is delivered through a combination of lectures, seminars, tutorials and project work. Assessment is through examination, coursework and by dissertation.
For a comprehensive list of the funding opportunities available at UCL, including funding relevant to your nationality, please visit the Scholarships and Funding website.
Graduates of this programme will be equipped to become leaders and entrepreneurs in their chosen area of specialisation, whether in terms of policy-making, the business management of sustainable issues, energy system modelling or their understanding and application of innovative systems.
The skills that they will acquire will make them strong applicants for employment in a range of sectors in which sustainability has become an important consideration, including business, central and local government, think tanks and NGOs and universities and research institutes.
The uniquely interdisciplinary nature of this Master's provides students with practical skills which are highly sought by employers from a variety of fields. Students will have the opportunity to attend networking events, career workshops and exclusive seminars held at the UCL Energy Institute.
Why study this degree at UCL?
The UCL Energy Institute is world leader in a range of areas covered by the programme; for example, energy systems, energy economics, energy and environmental policy and law and behavioural aspects of energy use.
Our sister institute, the UCL Institute of Sustainable Resources, provides additional expertise on resource economics. These areas are increasingly important due to related challenges, such as climate change, resource exhaustion and energy affordability.
There is a definite need for quantitative, practical environment and resource economists who understand policy. The appeal of this MSc is two-fold: it offers those with quantitative first degrees the chance to acquire high-level, energy-environment-economy modelling skills, but in relaxing the level of mathematical skills required, it is also ideal for those with largely non-quantitative first degrees.
Student / staff numbers › 62 staff including 45 postdocs › 90 taught students › 65 research students
Research Excellence Framework (REF)
The Research Excellence Framework, or REF, is the system for assessing the quality of research in UK higher education institutions. The 2014 REF was carried out by the UK's higher education funding bodies, and the results used to allocate research funding from 2015/16.
The following REF score was awarded to the department: Bartlett School of Environment, Energy & Resources
74% rated 4* (world-leading) or 3* (internationally excellent)
Learn more about the scope of UCL's research, and browse case studies, on our Research Impact website.
What our students and staff say
"UCL Energy Institute's focus on multi-disciplinary research into energy systems and energy demands that key elements of understanding respond to the challenges of decarbonisation, energy security and energy affordability. Over the last eight years I have led high-profile research projects, including as principal investigator of the Whole Systems Energy Modelling Consortium (wholeSEM), the UK's groundbreaking initiative to develop, integrate and apply state-of-the-art energy models."
Professor Neil StrachanEnergy Studies Demand MRes, Economics and Policy of Energy and the Environment MSc, Energy MPhil/PhD
UCL Energy Institute
"UCL is a really exciting and motivating place to engage in policy relevant research and education that is of potential future benefit."
Professor Paul EkinsEconomics and Policy of Energy and the Environment MSc
UCL Bartlett School for Environment, Energy & Resources
"As an international student studying at UCL, I have had the chance to experience a different style of education. At the UCL Energy Institute, students are engaged in strategic learning processes where they are allowed more space to explore the learning materials at hand themselves, trying different approaches to specific problems that suit them best."
Dean GehusiEconomics and Policy of Energy and the Environment MSc
Application and next steps
Students are advised to apply as early as possible due to competition for places. Those applying for scholarship funding (particularly overseas applicants) should take note of application deadlines.
Who can apply?
- Those with a background in economics looking to develop policy expertise in the area of energy and the environment
- Science and engineering graduates wanting to make an interdisciplinary career in this expanding field
- Those with largely non-quantitative degrees who can demonstrate an aptitude for quantitative analysis and want to develop quantitative skills and work in a more policy-related way
- 28 July 2017
- 2 September 2017
For more information see our Applications page.Apply now
What are we looking for?
When we assess your application we would like to learn:
- how your academic and professional background meets the demands of Economics and Policy of Energy and the Environment
- why you want to study Economics and Policy of Energy and the Environment at graduate level
- what particularly attracts you to this programme at the UCL Energy Institute
- where you would like to go professionally with your degree and how this programme meets these needs
Together with essential academic requirements, the personal statement is your opportunity to illustrate why you are suited to this programme.
Successful applicants to this programme will be required to pay a tuition fee deposit dependent on their mode of study and fee status as given below:
- UK/EU full-time: £2,000
- UK/EU part-time: £1,000
- UK/EU modular/flexible: £500
- Overseas full-time: £2,000
- Overseas part-time: £1,000
- Overseas modular/flexible: £500
Further details can be found on the Fees and funding page.