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Economics and Policy of Energy and the Environment MSc

This MSc is unique in the UK, focusing on core areas that have risen rapidly up the public agenda - environment, climate and energy economics, modelling and policy. There is a need for highly qualified practitioners with the skills to analyse the issues and relate the results to policy.

Covid-19 programme updates

Due to COVID-19, there may have been updates to this programme for the 2020 academic year. Where there has been an update, these are indicated with a red alert and a link which will provide further information.

Key information

Programme starts

September 2020

Modes and duration

Full time: 1 year
Flexible: 2-5 years

Full-time students study for 37.5 hours per week during term time. Typically, lectures and seminars occur on two days per week. Flexible mode students normally attend half this amount.

Application dates

Full-time
Open: 1 November 2019
Close: 11 August 2020
Flexible/Modular
Close: 11 August 2020
Notification
Due to the large number of applications received, this programme is no longer accepting applications for 2020/21 entry. We apologise for any inconvenience caused. Applications for 2021/22 entry will open later in the year.

Tuition fees (2020/21)

UK/EU:
£14,730 (FT)
£7,320 (PT)
Overseas:
£26,890 (FT)
£13,390 (PT)


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 Students website. Fees for flexible, modular study are charged pro-rata to the appropriate full-time Master's fee taken in an academic session.

Location: London, Bloomsbury

Entry requirements

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: Good

Further information can be found on our English language requirements page.

International students

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:

About this degree

Students will gain 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).

Upon successful completion of 180 credits, you will be awarded a MSc in Economics and Policy of Energy and the Environment.

Please note that the list of modules given here is indicative. This information is published a long time in advance of enrolment and module content and availability is subject to change.

Compulsory modules

  • Environmental and Resource Economics (15 credits)
  • Environmental Measurement, Assessment and Law (15 credits)
  • Introduction to Modelling Methods and Scenarios (15 credits)
  • Planetary Economics and the Political Economy of Energy and Climate Change (15 credits)
  • Research Concepts and Methods (15 credits)

Compulsory modules are assessed through coursework, written and oral examinations. Planetary Economics and the Political Economy of Energy and Climate Change is assessed 100% by oral examination.

Optional modules

  • Advanced Energy-Environment-Economy Modelling (15 credits)
  • UK Energy and Environment Policy and Law (15 credits)
  • Energy, Technology and Innovation (15 credits)
  • Energy, People and Behaviour (15 credits)
  • Business and Sustainability (15 credits)
  • Advanced Environmental Economics (15 credits)
  • Econometrics for Energy and the Environment (15 credits)
  • Behavioural Economics and Game Theory for the Environment (15 credits)
  • Energy, Environment and Resources in Developing Countries (15 credits)

Optional modules are subject to availability.

Covid-19 module updates
Due to COVID-19, there may be updates to the modules for your chosen programme of study this year. Some modules may not be available or may need to be moved to a later term or year of study. These updates are relevant for 2020-21 academic year only.  The full list of modules will be available in the module catalogue from late August.  From the first week of September, you will be invited to complete module selection from Portico, our student record system. There may need to be additional updates or changes to modules during the academic year to allow for new guidance from the UK Government and Public Health England. Your department shall keep you updated of these changes as they become available.

Dissertation/report

All students undertake an independent research project which culminates in a dissertation of 10,000 words (60 credits).

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.

Covid-19 contact hours on campus
In Term One, while campus will be open, all the learning activity for the core content of your modules will take place online – including lectures, tutorials, seminars and assessments. By “core content” we mean everything you need to learn to complete the module successfully. In addition to these online contact hours, we will be offering some face-to-face educational activities for students on campus, and we will provide alternative online activities for those students unable to join us on campus. These activities, which will include contact with academic staff, will be relevant to your programme of study may include seminars, academic and employability skills workshops, small-group or individual tutorials, lab and practice-based teaching. UK Government safety guidelines will limit the amount of ‘in person’ activity we can offer and while it will vary from programme to programme, is likely to be no more than 1-2 hours per week. This will vary across departments, particularly if your programme includes laboratory/practical/studio/workshop sessions. You will be updated with more specific details as they are available and your timetable will indicate which sessions will be on campus and which will be available online.
Covid-19 assessment updates
There may be changes to the format of assessments for modules in this programme due to COVID-19. These will be summarised for each module on the module catalogue from 17 August 2020.   If any changes to assessments need to be made during the academic year due to updates in government guidance, these will be communicated to you as soon as possible from your department.    
Communicating further Covid-19 mitigation plans
We are continuing to follow UK Government guidance, as well as the expertise of our researchers, including specialists in health, education, human behaviour and infection prevention, to make sure UCL is as safe as possible during the COVID-19 pandemic. If it becomes necessary to make further changes to your programme as a result of new guidance/regulations, UCL and your department will communicate these as soon as this becomes clear. We will keep you up-to-date with our plans throughout term one, so you have the information you need to be able to take decisions that are right for your circumstances. Please ensure that you keep in touch with your department by regularly checking your UCL emails, Moodle courses, the Coronavirus FAQs for Students page and any UCL online groups or social media you follow.

Additional costs

If you are concerned by potential additional costs for books, equipment, etc. on this programme, please get in touch with the programme administration team by e-mailing bseer-studentqueries@ucl.ac.uk.

For more information on additional costs for prospective students please go to our estimated cost of essential expenditure at Accommodation and living costs.

Accessibility

Details of the accessibility of UCL buildings can be obtained from AccessAble. Further information can also be obtained from the UCL Student Support & Wellbeing team.

Funding

UCL offers a range of financial awards aimed at assisting both prospective and current students with their studies.

Any additional funding available from the UCL Institute for Sustainable Resources and the Built Environment Faculty Office are advertised on the respective websites.

For a comprehensive list of the funding opportunities available at UCL, including funding relevant to your nationality, please visit the Scholarships and Funding website.

Careers

93% of graduates from this programme are in work and/or further study six months after graduating (The Destinations of Leavers from Higher Education survey 2016/17).

Graduates 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.

Sustainability has become an important consideration across different sectors. The skills students from this MSc acquire will make them strong applicants for employment in many sectors including business, central and local government, think tanks and NGOs and universities and research institutes.

Employability

The uniquely interdisciplinary nature of this Master's provides students with practical skills that are in demand 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 and UCL Institute for Sustainable Resources.

Why study this degree at UCL?

There is a definite need for quantitative, practical environment and resource economists who understand policy. The appeal of this MSc is twofold: it offers those with quantitative first degrees the chance to acquire high-level, energy-environment-economy modelling skills, but by offering a greater focus on conceptual than mathematical aspects, it is also ideal for those with largely non-quantitative first degrees.

The UCL Energy Institute is world leader in a range of areas covered by the programme, including 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. This area is increasingly important due to related challenges, such as climate change, resource exhaustion and energy affordability.

We are part of The Bartlett School of Environment, Energy and Resources – home to specialist institutes in energy, environment, resources and heritage. The Bartlett is the UK's largest multidisciplinary Faculty of the Built Environment, bringing together scientific and professional specialisms required to research, understand, design, construct and operate the buildings and urban environments of the future.

The QS World University Rankings (2020) places The Bartlett, as the #1 for Architecture/Built Environment studies in the UK and #3 in the World. The Bartlett’s research received the most world-leading ratings for research on the Built Environment in the UK in the most recent Research Excellence Framework.

Department: Bartlett School of Environment, Energy & Resources

What our students and staff say

Staff view

"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 Strachan

Energy Studies Demand MRes, Economics and Policy of Energy and the Environment MSc, Energy MPhil/PhD
UCL Energy Institute
Staff view

"UCL is a really exciting and motivating place to engage in policy relevant research and education that is of potential future benefit."

Professor Paul Ekins

Economics and Policy of Energy and the Environment MSc
UCL Bartlett School for Environment, Energy & Resources

Application and next steps

Applications

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.

There is an application processing fee for this programme of £80 for online applications and £105 for paper applications. Further information can be found at: www.ucl.ac.uk/prospective-students/graduate/taught/application.

Who can apply?

  • Those with a background in economics looking to develop policy expertise in the areas of energy and the environment
  • Science and engineering graduates wanting to begin 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

Application deadlines

Full-time
11 August 2020
Flexible/Modular
11 August 2020

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.

UCL is regulated by the Office for Students.

Page last modified on 13 August 2020