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Master in Environmental and Natural Resource Economics

Toulouse School of Economics
2 years
Master's degree
Scholarships available
On campus
Master in Environmental and Natural Resource Economics

About this program

Master in Environmental and Natural Resource Economics

Environmental issues such as pollution, climate change and the conservation of biodiversity are currently in the headlines of economic debate.

Governments design public policies such as taxes or emission trading schemes to mitigate the negative impacts of air or water pollution. Firms launch green business strategies such as investments in cleaner technologies, product labelling or socially responsible investments to improve their competitiveness.

In the 1st year, students attend a rigorous academic program in the different economic disciplines and quantitative techniques for social sciences. The common core courses allow them to deepen their knowledge and the elective courses allow students to build up their careers projects, taking into account the specializations in the second year of the master’s programs.

In the 2nd year, the master is providing students with the analytical skills to assess, analyse and recommend economic policies and strategies to tackle environmental issues and manage natural resources.

Admission requirements

First year admission: 

  • Aimed at English speakers
  • Students should hold a BSc in Economics, Applied Mathematics within a recognized curriculum considered as consistent with the program and approved by the TSE selection committee.

Second year admission:

  • Admission is based on academic excellence criteria.
  • Applicants from the French system must have passed the TSE International track Master 1 (1st year Master’s) in Applied Economics (or Economics for 2021 transitory admission campaign) or another French University master in Applied Mathematics or an equivalent degree (e.g., engineering school)
  • For foreign degree holders, the required degrees are either a BSc, M.A., or MSc, within a recognized curriculum regarded as consistent with the program and approved by the TSE Selection Committee.
  • Some brushing-up in Economics or Maths might be advisable in some cases. Working knowledge of English is obviously required.

For more information about admission requirements, please visit the institute website.

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Program content

Courses first year

Semester 1

  • Game Theory
  • Theory of Incentives
  • Macroeconomics
  • Intermediate Econometrics
  • Applied Econometrics
  • R programming
  • Professional Development
  • French as a Foreign Language

Semester 2

  • Public economics
  • Applied Econometrics
  • Program Evaluation

Courses first year 

Semester 3

  • Fundamentals and Policies for a greener economy
  • Valuing the Environment
  • Sustainable Development
  • Datanomics: regulation of data spreading and data protection

Semester 4

  • Cost Benefit Analysis: Foundations and Practice

Scholarships & funding

Several scholarship options are available. Please check the institute website for more information.


For the academic year 2021-2022, the enrollment fees amount to:

  • 209 euros for a master's degree + 34 euros for the commun documentation service (payable only once for the same academic year)
  • Master's degree - international track: additional training fees of 5,500 euros.

Non-EU students will have to pay the differentiated registration fees from 2021-2022 academic year:

  • €3,770 per year at the master’s level

Career paths

Students will target jobs in natural resources management and sustainable development (large businesses, public institutions and local communities) or within international institutions or will pursue an academic career. This programme is mainly led by researchers, experts in environmental and natural resource economics within TSE.

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About this institute

Toulouse School of Economics

Toulouse School of Economics is a world-leading centre for research and higher education, chaired by Nobel Prize Laureate Jean Tirole and the economics department of Toulouse Capitole University. TSE offers world-class undergraduate and graduate programs delivered by renowned researchers. TSE's...

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Why study at Toulouse School of Economics

Toulouse School of Economics offers high-quality teaching in economics with high employability rates in a very international atmosphere.

Contact info

Toulouse School of Economics

1 Esplanade de l'Université
31080 Toulouse Cedex 06

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