Saint Mary’s University of Minnesota

USA
1 Scholarships 79 Programs 3 Degree levels
Masters

Master's in Economics

DegreeMasters
FieldEconomics.
C

Cost & earnings at Saint Mary’s University of Minnesota What students borrow here, and what they go on to earn

You borrow $21,500 median federal debt
You repay $244/mo over 10 years
Graduates earn $58,170 10 yrs after entry
Debt clears in 1.2 yrs of the salary premium
US Department of Education figures See the full breakdown →

The Master's in Economics with a concentration in Environmental Economics and Policy at Saint Mary’s University of Minnesota is a graduate programme that combines rigorous economic theory and quantitative methods with applied study of environmental and natural resource issues. It suits students who want to work on climate, conservation, resource management or sustainability policy in government, NGOs, consultancy or to prepare for further academic study.

What you'll study

The programme emphasises core economic theory and applied quantitative skills while specialising in environmental and resource policy. You will study microeconomic and macroeconomic foundations, econometrics and cost–benefit analysis alongside courses focused on environmental valuation, natural resource economics, environmental policy instruments, and the economics of climate change. Students typically complete a mix of core courses, specialist electives and a culminating project such as a policy practicum, applied research capstone or thesis.

  • Core modules: microeconomic theory for policy, applied econometrics, and public economics.
  • Environmental specialist modules: environmental and natural resource economics, valuation methods, climate economics, and environmental policy instruments (taxes, permits, regulation).
  • Applied methods: cost–benefit analysis, programme evaluation, data analysis for policy, and GIS or spatial analysis where available.
  • Capstone or thesis: a supervised applied research project or thesis that addresses a real-world environmental policy problem, often involving stakeholder engagement or a practicum placement.
  • Electives and professional development: options to select courses in sustainability management, energy economics, environmental law, or internships with public agencies, NGOs or firms.

Entry requirements

Applicants should hold a recognised bachelor’s degree in economics, environmental studies, mathematics, statistics, or another relevant discipline. A solid quantitative background (calculus, statistics and introductory economics) is expected. Admissions typically consider academic transcripts, a personal statement explaining your interest in environmental economics and career goals, and one or two letters of recommendation. A résumé or CV that outlines relevant work or research experience is helpful. GRE scores may be considered where required but are not universally mandatory; applicants whose first language is not English will need to demonstrate English proficiency according to the university’s standard requirements.

Career prospects

Graduates are prepared for roles that apply economic analysis to environmental and sustainability challenges. Common career paths include environmental economist or analyst roles in government agencies and regulatory bodies, policy analyst positions in non-governmental organisations and think tanks, sustainability or resource management consultant roles in private-sector firms, and analyst positions in international development organisations. The quantitative and policy skills developed also provide a strong foundation for doctoral study in economics, environmental science or public policy.

Why study at Saint Mary’s University of Minnesota

Saint Mary’s offers a supportive, small-college environment with personalised attention from faculty who balance theoretical training with applied policy work. The university’s connections across the Winona region and the wider Minnesota/Twin Cities area create opportunities for internships and practicum placements with governmental agencies, non‑profits and private firms. The programme integrates ethical and community-focused perspectives consistent with the institution’s mission, while equipping graduates with practical quantitative tools and real-world project experience valued by employers and doctoral programmes alike.

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