Content of the studies

Are you looking forward to a future as an expert in Environmental and Resource Economics? This international programme at the University of Helsinki trains you to be an environmental and resource economist ready for a career in universities, research institutes, public service and business.

As a graduate of the Master's Programme in Environmental and Resource economics you will have the ability to

  • Identify the socio-economic drivers of natural resource use and environmental degradation
  • Analyse the effects of policies on the environment and on natural resource usage
  • Formulate recommendations to support decision-making in both the public and private sectors 
  • Apply microeconomic theory and quantitative methods (econometrics, analytical and numerical dynamic modelling, game theory)


In this programme you will receive a state-of-the-art economic education in environmental and natural resources policy. The courses are divided into three groups:

1. Theoretically focused courses in which you will gain a deep understanding of static and dynamic models and applications of game theory

2. Courses focusing on quantitative methods in which you will gain the ability to run numerical simulations and apply econometric methods

3. Thematic courses focusing on relevant challenges in environmental and resource policy.

The programme lasts four semesters, lasting approximately 22 months (1st year beginning of August- 2nd year beginning of June).

Core modules (45 ECTS)

  1. Environmental economics
  2. Natural Resource Economics, dynamic optimisation and numerical models
  3. Environmental valuation, applied econometrics and cost-benefit analysis

Thematic modules (30 ECTS)

Choose two of the following: climate change, of Baltic Sea protection, agricultural economics and agri-environmental policy, forest economics

Internship and Master’s thesis seminar 15 credits (ECTS)

Master’s thesis 30 credits (ECTS)

Total 120 credits (ECTS)