Engineering and Physical Sciences - Graduate School
Environmental Economics Policy and Risk
Diploma - Environmental Economics Policy and Risk, M.Sc.- Environmental Economics Policy and Risk
Almost without exception, environmental disturbance is the result of economic activity, the cycle by which goods and services are manufactured and then consumed. Resource extraction is increasingly diverse: from deep-sea mining for manganese to oil and gas extraction. Agriculture continues to push out the margins of production turning wilderness into farmland. Emissions from factories, cars and homes are altering the chemistry of the atmosphere with attendant changes in climate patterns. Consequently many national and international agencies are now encouraging the adoption of economic instruments to help resolve economic problems. This new MSc course explores the relationship between man's economic activity and the environment. In particular it considers how economic tools may be used to help develop a more environmentally sustainable economy. The course also considers the role of risk analysis where the environmental impact of development is uncertain. The course comprises 10 taught modules with MSc students completing a research dissertation.