Structure and content
In this study track you will receive a state-of-the-art economic education in environmental and natural resource economics. The courses, which are all taught in English, include theoretically focused courses in which you will gain a deep understanding of static and dynamic models and applications of game theory, courses focusing on quantitative methods in which you will gain the ability to run numerical simulations and apply econometric methods, and thematic courses focusing on relevant challenges in environmental and resource policy. Courses are taught by experienced teachers and active researchers, and course contents are built on the most recent research findings.

En­vir­on­mental and Re­source Eco­nom­ics

In this study track you will receive a state-of-the-art economic education in environmental and natural resource economics. The courses, which are all taught in English, include theoretically focused courses in which you will gain a deep understanding of static and dynamic models and applications of game theory, courses focusing on quantitative methods in which you will gain the ability to run numerical simulations and apply econometric methods, and thematic courses focusing on relevant challenges in environmental and resource policy. Courses are taught by experienced teachers and active researchers, and course contents are built on the most recent research findings.

Most of the courses are divided into modules. The core modules are Environmental Economics, Natural Resource Economics and Methods. In addition to these modules you will study at least one thematic module such as Climate Studies and Baltic Sea Studies with the purpose of applying the learned theory and methods to real-world problems. You have also freedom to choose optional studies. For instance, your professional skills and networks will develop further through the optional Project Course or during your possible internship either in Finland or abroad.

For your Master's Thesis you research and analyse a significant topic on environmental and resource economics, which can be either policy or theory orientated. You can write your thesis in connection with a larger research project, in collaboration with companies and public institutions, or independently.

In your studies you have the opportunity to follow our Research Track. In this track  you will take extended studies in the above subjects, which will prepare you for postgraduate studies and career in research.

Study structure of Environmental and Resource Economics (small changes are possible)

Structure Module Courses (5 credits each)
Core Module (15 credits) ERE I Environmental Economics

Environmental Economics I: Theory

Environmental Economics II: Mechanisms

Climate and Energy Policy

Core Module (15 credits) ERE II Natural Resource Economics

Advanced Natural Resource Economics

Introduction to Dynamic Optimization

Economics of Aquatic Resources: Numerical Models

Core Module (15 credits) AGERE Methods

Course examples: Cost-Benefit Analysis; Econometrics; Valuation; General Equilibrium Modeling;

Applied Linear Programming; Advanced Microeconomics, more method courses in curriculum

Thematic Module (15 credits)

Choose one: ERE III Climate Studies;

ERE IV Baltic Sea Studies; ERE V Forest Studies; AGERE Module

Course examples: Agri-environmental Policy; Management of Environmental Problems in Aquatic Ecosystems; International Environmental Agreements Related to Marine Areas and Resources; Risk Management in Agriculture; courses by visiting foreign lecturers
Other studies (25 credits)   Course examples: Project Course; Internship; Academic Writing

Master's Thesis and

Master's Thesis Seminar (35 credits)

Research Track: Choose 30 credits from AGERE Methods module. In this track the Core Module courses will include PhD level exercises, which give you a total of 15 additional credits to be used for PhD studies.

Ag­ri­cul­tural Eco­nom­ics

The study track of Agricultural Economics combines expertise in Business Administration and Economics with knowledge of the special features of agriculture, rural enterprises, the food markets and related policies. Through studies in Agricultural Economics, you will learn to apply theories and models used to define the profitability and competiveness of agricultural and rural enterprises and to recognize the factors contributing them.  You will examine the operation of food markets and assess various policy options. The studies include practice-oriented assignments that build your decision-making and career skills, and your self-confidence to apply theoretical knowledge in practice. Courses are taught either in Finnish, Swedish or English.

The structure of the studies consist of three parts, or core modules:

  1. at least one 15 credit core module out of three optional
  2. one 15 credit core module AGERE Methods;
  3. one 15 credit core module AGERE Module.

Part 1 comprises at least one of the following 15 credit modules: Agricultural Markets and Policy, Production Economics and Farm Management or Entrepreneurship. The Entrepreneurship is lectured in Finnish. Part 2, the core module on methods, can be compiled through various methodological courses. Part 3 finally is a 15 credit module on Agricultural Economics and Environmental and Resource Economics. The studies encompass a practical training period and seminars, and they can include career orientation and career planning. The Master’s Thesis project will enable you to apply and develop your theoretical and methodological skills. It develops your abilities in scientific thinking and project management and will serve as a good reference for your future career.

Study structure of Agricultural Economics (small changes are possible)

Structure Module (choose one of AGE I-III) Courses (5 credits each)
Core Module (15 credits) AGE I Agricultural Markets and Policy

Price Analysis and Market Structure of the Agrifood Supply Chain 

Agricultural and Food Policy Analysis

International Agricultural Trade and Trade Theory

Core Module (15 credits) AGE II Production Economics and Farm Management

Risk Management in Agriculture

Production and Cost Theory

Theories and Applications in Strategic Management

Core Module (15 credits) AGE III Entrepreneurship (in Finnish)

Sustainable entrepreneurship

Courses in entrepreneurship

marketing, co-operation studies or counting

Core Module (15 credits) AGERE Module Courses both from Agricultural Economics and Environmental and Resource Economics
Core Module (15 credits) AGERE Methods

Course examples: Cost-Benefit Analysis; Econometrics; Valuation; General Equilibrium Modeling; Applied Linear Programming; Advanced Microeconomics,

more method courses in curriculum

Other studies (40 credits)   Course examples: Project Course; Internship; Academic Writing

Master's Thesis and

Master's Thesis Seminar (35 credits)