Cost & earnings at Georgetown University What students borrow here, and what they go on to earn
Georgetown University's Master's in Economics with a focus on Environmental Economics and Policy is a one- to two-year graduate programme designed to combine rigorous economic theory and quantitative methods with applied analysis of environmental and natural‑resource issues. It suits students who want to pursue policy, research or consultancy roles addressing climate change, energy markets, natural-resource management and sustainability in public, private and non‑profit sectors.
The programme builds a solid core in microeconomic and macroeconomic theory and advanced econometrics, then applies those tools to environmental and resource problems. Typical coursework includes microeconomic theory for public policy, applied econometrics, environmental economics, resource and energy economics, cost–benefit analysis and regulatory economics. Elective options often allow deeper study of climate policy, ecosystem services valuation, urban environmental economics, energy market design and environmental law and institutions.
Students normally complete a combination of required core courses, electives and a substantial applied component such as a research thesis, capstone project or practicum placement. The curriculum emphasises empirical skills: training in statistical software, programme evaluation methods, time‑series and panel data techniques, and spatial analysis where relevant. Interdisciplinary seminars and collaborative projects with policy centres provide practical exposure to current environmental policy debates.
Applicants are expected to hold a bachelor’s degree from an accredited institution. Successful candidates typically have demonstrated quantitative competence through coursework in calculus, linear algebra, probability, inferential statistics and intermediate microeconomics. You should submit academic transcripts, a statement of purpose that explains your interest in environmental economics and career goals, a current CV and letters of recommendation.
International applicants must demonstrate English proficiency according to the university’s requirements. Admissions committees look for clear evidence of analytical ability, quantitative preparation and a coherent motivation for combining economics with environmental and policy interests. Relevant professional experience, research experience or prior coursework in environmental studies, public policy, or statistics can strengthen an application.
Graduates pursue careers across government, international organisations, non‑profits, private sector consultancies and research institutions. Typical roles include environmental economist, policy analyst, energy markets analyst, sustainability analyst, regulatory affairs specialist and research associate. Alumni work for national environmental agencies, ministries of finance and energy, multilateral development banks and UN agencies, environmental think tanks, and advisory firms that support corporate sustainability and carbon markets.
The programme also prepares students for doctoral study in economics, environmental science, public policy or related fields for those aiming at academic or advanced research careers.
Georgetown is located in Washington, D.C., providing exceptional proximity to federal agencies, international organisations, think tanks and research NGOs that shape environmental and climate policy. The university’s interdisciplinary environment enables students to combine economics training with practical policy exposure through partnerships, internships and guest seminars.
Students benefit from faculty who specialise in applied microeconomics, public economics and environmental policy, and from access to research centres and initiatives focused on sustainability and global environmental challenges. Small cohort sizes and an emphasis on applied empirical work help students develop the technical skills and policy communication abilities employers seek in environmental economics and policy roles.
Shortlist scholarships and plan your application — free guidance from our advisors.