University of North Dakota

USA
1 Scholarships 160 Programs 3 Degree levels
Masters

Master's in Economics

DegreeMasters
FieldEconomics.
B

Cost & earnings at University of North Dakota What students borrow here, and what they go on to earn

You borrow $22,057 median federal debt
You repay $251/mo over 10 years
Graduates earn $63,552 10 yrs after entry
Debt clears in 0.9 yrs of the salary premium
US Department of Education figures See the full breakdown →

The Master of Arts/Master of Science in Economics with a concentration in Environmental Economics and Policy at the University of North Dakota is a graduate programme combining core economic theory and empirical methods with focused study of environmental and natural resource issues. It suits students who want quantitative training to analyse environmental policy, work on resource management, or pursue applied research in government, industry or non‑profit sectors.

What you'll study

This programme builds a strong foundation in microeconomic and macroeconomic theory and in econometric methods, then applies those tools to environmental and natural resource problems. Core modules typically include advanced microeconomics, applied econometrics, and public economics. Environmental‑focused modules commonly cover environmental economics, natural resource economics, benefit–cost analysis, and environmental policy evaluation.

  • Advanced Microeconomic Theory: optimisation, market failure and externalities
  • Applied Econometrics: regression techniques, causal inference, panel and time‑series methods
  • Environmental Economics: valuation of environmental goods, pollution control instruments
  • Natural Resource Economics: renewable and non‑renewable resource modelling, resource extraction dynamics
  • Cost–Benefit and Policy Analysis: project appraisal, discounting, regulatory impact assessment
  • Electives and Practicum: energy economics, climate policy, GIS for environmental analysis, or a consultancy‑style project
  • Research Component: thesis or supervised research paper; non‑thesis options often include an applied project or additional coursework

Entry requirements

Applicants should hold a bachelor’s degree in economics or a related quantitative discipline (for example, mathematics, statistics, engineering or environmental studies with strong quantitative coursework). Admissions typically consider your undergraduate record, quantitative preparation (calculus, intermediate microeconomics, statistics/econometrics), letters of recommendation, and a statement of purpose describing research or professional goals.

Some applicants without a formal economics degree may be admitted conditional on completing prerequisite courses. The programme accepts domestic and international students; international applicants must demonstrate English proficiency through an approved test or prior study in English if required. GRE scores may be requested in some cases but are not universally required—check the department for the current policy.

Career prospects

Graduates are prepared for roles that require solid quantitative analysis of environmental and resource issues. Typical career paths include:

  • Environmental economist or analyst in national and regional government agencies (environment, natural resources, energy, planning)
  • Policy analyst or researcher with think‑tanks and non‑governmental organisations focused on climate, conservation or sustainable development
  • Consultant in economic, environmental or energy consulting firms conducting valuation, impact assessment and regulatory analysis
  • Analyst roles in energy and resource companies addressing regulatory compliance, market assessment and sustainability strategy
  • Continued academic research: many graduates proceed to doctoral study in economics, environmental economics or related social sciences

Why study at University of North Dakota

UND offers a programme that balances rigorous economic training with applied environmental and energy research strengths. Students benefit from access to regional expertise and research centres that focus on energy, environment and natural resources, providing opportunities for applied projects, internships and collaboration with policymakers and industry partners.

The department emphasises small‑group mentoring, close supervision for research projects, and practical skills—particularly applied econometrics and policy evaluation—that employers and doctoral programmes value. Located in a region with active energy and environmental policy work, UND provides a practical context in which to test and apply environmental economics tools.

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Programme details are indicative and may change — always verify current information with the official university website before applying.