Master of Environmental and Resource Economics

2 Years On Campus Masters Program

Australian National University

Program Overview

The Master of Environmental and Resource Economics at the Australian National University (ANU) is designed for individuals passionate about addressing environmental challenges through economic principles. This program is ideal for those looking to deepen their understanding of how economic tools can be applied to manage natural resources sustainably and influence environmental policy.

Curriculum Structure:

Year 1: Students build advanced foundations in macroeconomics, microeconomics, mathematical economics and econometrics, alongside Agricultural and Resource Economics and Environmental Economics.

Year 2: Students develop specialised skills through Energy Economics, Advanced Applied Microeconomics and research-based subjects such as Quantitative Policy Impact Evaluation or a Research Project, with electives in environmental policy, climate economics and resource management.

Focus Areas: Environmental policy, resource management, climate change economics.

Learning Outcomes: Critical analysis of environmental policies, application of economic theories to real-world issues, and development of sustainable resource management strategies.

Professional Alignment (Accreditation): The program is aligned with industry standards and prepares graduates for roles in government, NGOs, and private sectors focused on environmental sustainability.

Reputation (Employability Rankings): ANU consistently ranks among the top universities globally, with strong employability outcomes reflected in QS World University Rankings and The Guardian's rankings for graduate employability.

Experiential Learning (Research, Projects, Internships etc.)

At the Australian National University (ANU), the Master of Environmental and Resource Economics program is designed to provide students with not just theoretical knowledge, but also practical skills that are essential for a successful career in the field. The program emphasizes experiential learning through a variety of hands-on opportunities, allowing students to apply their knowledge in real-world contexts. With access to state-of-the-art facilities and resources, students can engage in meaningful projects and collaborations that enhance their learning experience.

Here are some key aspects of experiential learning in the Master of Environmental and Resource Economics program:

- Field Trips: Students participate in field trips that provide firsthand experience in environmental and resource management, allowing them to observe and analyze real-world scenarios.

- Group Projects: Collaborative projects are a core component of the curriculum, encouraging teamwork and the application of economic theories to practical challenges in environmental policy and resource management.

- Internships: The program offers opportunities for internships with government agencies, NGOs, and private sector organizations, giving students valuable industry experience and networking opportunities.

- Software and Digital Tools: Students gain proficiency in essential software such as R and Stata for data analysis, as well as GIS tools for spatial analysis, which are crucial for environmental economics research.

- Research Laboratories: Access to dedicated research labs allows students to engage in empirical research, working alongside faculty on projects that address pressing environmental issues.

- Libraries and Research Institutes: ANU boasts extensive library resources and specialized research institutes, such as the Crawford School of Public Policy, which provide students with access to a wealth of information and expertise in environmental economics.

- Workshops and Seminars: Regular workshops and seminars featuring industry experts and academics help students stay updated on the latest trends and research in environmental and resource economics.

Progression & Future Opportunities

The Master of Environmental and Resource Economics at the Australian National University (ANU) equips graduates with the skills and knowledge to tackle pressing environmental challenges while making informed economic decisions. Graduates often find themselves in rewarding roles such as Environmental Economist, Policy Analyst, Sustainability Consultant, and Natural Resource Manager. This program not only prepares you for immediate employment but also opens doors to a variety of impactful career paths:

- University Services: ANU offers dedicated career services, including personalized career counseling, resume workshops, and networking events with industry professionals to help you secure internships and job placements.
- Employment Stats and Salary Figures: Graduates from the ANU have a high employment rate, with many securing positions within six months of graduation. The average starting salary for graduates in this field is competitive, often exceeding AUD 80,000 per year.
- University–Industry Partnerships: ANU has established strong partnerships with organizations such as the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) and various environmental NGOs, providing students with valuable internship and research opportunities.
- Long-term Accreditation Value: The program is recognized by industry leaders and accredited by relevant professional bodies, ensuring that your qualification remains respected and relevant in the job market.
- Graduation Outcomes: ANU graduates are known for their analytical skills and ability to apply economic principles to real-world environmental issues, making them highly sought after by employers.

Further Academic Progression: After completing the Master of Environmental and Resource Economics, you may choose to pursue a PhD in a related field, allowing you to engage in advanced research and contribute to academic knowledge. This pathway can lead to careers in academia, research institutions, or high-level policy-making roles, further enhancing your expertise and career prospects.