University of Michigan

What you'll study

The programme builds on rigorous microeconomic and econometric foundations to address environmental and natural resource problems. Core topics typically include microeconomic theory for policy analysis, applied econometrics, and cost–benefit analysis, followed by specialised modules such as environmental and resource economics, the economics of climate change, valuation methods for ecosystem services, and regulatory and market-based policy instruments.

Teaching is a mix of lectures, small-group seminars and applied workshops. Many students take elective options in adjacent areas such as energy economics, urban and transport economics, public finance, natural resource management, environmental law and geographic information systems (GIS) for applied analysis. Most pathways offer a substantial applied component — either a supervised research thesis or a policy-oriented capstone project that uses real-world data to answer an environmental policy question.

• Core microeconomic and welfare analysis
• Applied econometrics and causal inference
• Environmental and resource economics
• Climate economics and policy design
• Valuation techniques and non-market valuation
• Cost–benefit and risk analysis
• Policy implementation, regulation and market instruments
• Optional electives: energy economics, urban/environmental planning, GIS, public finance
• Capstone project or research thesis with faculty supervision

Entry requirements

Applicants are normally expected to hold a bachelor’s degree in economics, environmental studies, mathematics, statistics, engineering, or a closely related field. Strong preparation in undergraduate microeconomics and calculus is essential; coursework in econometrics or statistics is highly recommended. Typical application materials include academic transcripts, a personal statement outlining academic and professional goals, two or three academic or professional references, and a CV.

Where required by the university, international applicants must demonstrate English language proficiency through an approved test or equivalent. Some applicants may be asked to provide GRE scores or other evidence of quantitative ability if their academic background lacks formal quantitative coursework. Admissions decisions consider the overall strength of the applicant’s preparation, fit with faculty expertise, and potential for success in a rigorous, quantitative programme.

Career prospects

Graduates work across government, the private sector, NGOs and research institutions. Typical roles include environmental economist, policy analyst, regulatory analyst, energy and climate consultant, natural resource manager, and sustainability analyst. Many alumni take positions in central and local government departments focused on environment, energy and transport; international organisations and multilateral development banks; environmental consultancies; and think tanks concerned with climate and environmental policy.

Others move into private-sector roles advising companies on carbon pricing, emissions trading, environmental risk assessment and corporate sustainability strategy. For those interested in research or academia, the programme also provides a strong foundation for PhD study in economics, environmental science, public policy or related fields.

Why study at University of Michigan

The University of Michigan offers a highly interdisciplinary environment with strong economics training and extensive opportunities to engage with leading research centres focused on energy, climate and environmental policy. Students benefit from access to faculty across departments and schools — including economics, public policy, and environment and sustainability — enabling cross-cutting coursework and collaborative research projects.

Facilities and resources include rich data services, computing support for applied econometrics, and frequent seminars and policy workshops that connect students to practitioners and policymakers. The Ann Arbor campus provides a vibrant academic community and strong alumni networks in government, industry and academia, helping graduates move into influential roles on environmental and climate challenges.