Environmental Economics deals with the exploitation, allocation and use of renewable and limited natural resources. Environmental Policy refers to sets of safe rules of conduct that organisations have to implement in order to address various environmental issues. Environmental Economics and Policy look into the economic effects of worldwide environmental policies, through theoretical and empirical study.
Environmental Economics studies cost and benefits-related issues of water quality, air pollution, solid waste, global warming, and other environmental problems. Environmental policies deal with the internal and external regulations implemented by companies such as recycling of packaging materials, efficient use of water and energy or minimising waste.
Environmental Economics degrees borrow topics from other disciplines such as Agribusiness, Ecology, Natural Resource Management, Energy Studies, Sustainable Development and Strategic Management.
Environmental Economics and Policy studies teach students how to apply economic principals to real-world environmental problems. Students learn to design economic policy tools and assess their effectiveness. They will also learn how to employ cost-benefit analytical models in order to compile environmental reviews and to find the economic balance between costs and returns.
Graduates of Environmental Economics and Policy undertake careers in the private sector, in public agencies and in non-profit organisations. Professionals practice in fields such as agricultural economy, environmental consulting, project management, resources policy advocacy, resources administration or environmental audit assessments.Read more