Program Overview

MSc Economics & Policy of Energy & Climate Change (Online)

The MSc Economics & Policy of Energy & Climate Change (online) aims to produce future leaders in the sectors of energy and climate change. The course addresses the complex and increasingly more extreme challenges and uncertainties that industries, economies, governments, and societies face.

Key Facts

• Start date: September
• Accreditation: Triple-accredited business school AACSB, EQUIS & AMBA
• Study mode and duration: 24 months part-time online distance learning

Why this Course

The course covers areas of particular strengths of the Department of Economics, with a focus on energy and climate change. Through the Fraser of Allander Institute, the department also boasts research expertise in applying economic knowledge in the policy field.

What you'll Study

Core classes are designed around the latest academic research on the issues facing energy and climate change economists and policy experts today. You'll also have the opportunity to pursue your own interests through a variety of elective classes.

Core Classes

• Economic Appraisal and Modelling (20 credits)
• Analysis of Economic Data (20 credits)
• Energy Economics (10 credits)
• Fundamentals of Microeconomics (10 credits)
• Environmental Economics (10 credits)
• Climate Change Economics (10 credits)
• Natural Resources, Sustainability and Governance (10 credits)
• Energy Industries and Markets (10 credits)
• Energy Finance and Forecasting (10 credits)
• Summer Project (40 credits)

Elective Classes

You can choose a total of 30 credits from the list below. These classes are offered by the Department of Economics.

• Games of Strategy (10 credits)
• Fundamentals of Macroeconomics (10 credits)
• Topics in Public Economics (10 credits)
• International Macroeconomics (10 credits)
• International Development (10 credits)
• Health Economic Policy (10 credits)
• Economics of Inequality and Inclusive Growth (10 credits)

Learning & Teaching

Core and elective classes will be taught across two semesters running from September to December, and January to March. All classes are taught using material presented via the internet. Classes are supported by faculty members who also teach on our range of full-time courses.

Assessment

Classes are assessed by a mix of written individual and group assignments, weekly tasks, and examinations. Exams will take place at the end of each semester in December and April/May.

Entry Requirements

• Academic requirements: Minimum second-class honours degree or overseas equivalent in any subject.
• English language requirements: Students whose first language is not English must have a minimum of 6.5 IELTS score, with no individual score lower than 5.5.

Fees & Funding

All fees quoted are for part-time courses and per academic year unless stated otherwise.

• Scotland: £6,475
• England, Wales & Northern Ireland: £6,475
• Republic of Ireland: If you are an Irish citizen and have been ordinary resident in the Republic of Ireland for the three years prior to the relevant date, and will be coming to Scotland for Educational purposes only, you will meet the criteria of England, Wales & Northern Ireland fee status.
• International: £12,625

Careers

Energy is the largest and most critical industry in the global economy today, and climate change is a significant driver of change in the energy sector. Employers are seeking out skilled graduates to work in the energy industry and in the fields of climate change, environment, and sustainability. As a graduate of the MSc Economics & Policy of Energy & Climate Change, you'll be well placed to manage the complex challenges facing the energy and the environmental sectors in the 21st century.