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Environment, Climate and Energy Economics

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The programme structure for the Master of Science in Applied Economics and Sustainability with a specialization in Environment, Climate and Energy Economics starting in 2026 and 2027 follows the 55-35-30 ECTS plan.

Mandatory courses in this specialization are the following:
ECN372 Climate Economics, 10 ECTS
ECN280 Energy Economics, 10 ECTS (in case ECN280 or equivalent course was taken previously, ECN380 Energy Markets and Regulation must be taken instead)
ECN375 Natural Resource and Environmental Economics - theory and applications, 10 ECTS or ECN376 Natural Resource and Environmental Economics - applications, 5 ECTS (if ECN275 Natural Resource and Environmental Economics - theory has been previously taken)
Electives 5 ECTS*


Study plan for the specialization in Environment, Climate and Energy Economics: 

Year 1:
August block: 
ECN302 Mathematics for Economists, 5 ECTS

Autumn parallell: 
ECN311 Microeconomics, 10 ECTS  
ECN306 Economics of Sustainability, 5 ECTS 
ECN372 Climate Economics, 10 ECTS  
BUS350 Data Analytics in R, 5 ECTS (Autumn)

January block:
BUS360 Taxes, Inequality and Sustainability I, 5 ECTS 

Spring parallell:
ECN301 Econometric methods, 10 ECTS -ECN201 Econometrics or the equivalent is a prerequisite for ECN301 and should be taken before ECN301.
ECN280 Energy Economics, 10 ECTS
ECN375 Natural Resource and Environmental Economics - theory and applications, 10 ECTS
ECN376 Natural Resource and Environmental Economics - applications, 5 ECTS (Spring) can be taken instead, if student have ECN275 Natural Resource and Environmental Economics - theory or equivalent from before. 
Electives (if ECN376 is taken), 5 ECTS*

Year 2: 
August block: 
ECN320 Macroeconomics III, 5 ECTS 

Autumn parallell: 
M0-ECON Planning the Master's Thesis, 0 ECTS (Autumn) 
ECN307 Econometric Methods for Causal Inference, 10 ECTS (Autumn) 
Electives, 10 ECTS*

January block and Spring parallell: 
M30-ECON Master's thesis, 30 ECTS

*The following courses are recommended electives: 
• ECN380 Energy Markets and Regulation, 10 ECTS (Autumn) 

• ECN271 Cost Benefit Project Evaluation and Environmental Valuation, 10 ECTS (Spring)
• BUS311 Environmental Accounting and Management, 5 ECTS (Spring)

Read previous program structure here.

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