This programme will develop a solid understanding of the finance and economic issues involved in environmental economic development and will improve students’ expertise and transferable skills in finance and environmental economics. It will provide students with a critical understanding of the principal theories and concepts related to finance and environmental economics and detailed knowledge of one or more specialisms related to these subjects.
A good Honours degree (first or second class) or its non-UK equivalent in a relevant subject from a recognised British or overseas university.
Scotland/Non-UK EU: £6,210, England/Northern Ireland/Wales: £7,330, Overseas: £13,500
Semester 1 (Sept – Dec)
• International Finance
• Climate Change: Causes and Impacts
• Two optional courses
Semester 2 (Jan – April)
• Environmental Energy and Economics
• Climate Change: Mitigation and Adaptation
• Research Methods
• One optional course
Optional courses include:
• Finance
• Corporate Social Responsibility
• Development Economics
• Maritime Business & Economics
• Research in Finance
The MSc dissertation is then undertaken between May and August.
International Finance Semester 1, Mandatory. Traditional and modern theories of exchange rate determination are examined including the role of price, money and interest rate fundamentals. The role of risk in the exchange markets alongside financial crises and their policy implications are also looked at as well as the impact of monetary unions.
Climate Change: Causes and Impacts Semester 1 Mandatory. The course aims to understand the science behind climatic systems, natural variations and anthropogenically induced changes to global and regional climate. It also emphasises the multidisciplinary nature of the study of causes and impacts on physical, chemical and biological systems in context with political and socio-economic reactions and actions.
Environmental Energy and Economics Semester 2 Mandatory. This course looks at how particular analytical techniques can be applied to understanding energy markets and environmental issues – carbon emissions and climate change in particular. It also look at how to use the results from this analysis are used to understand, critique, and formulate policy relating to environment issues, carbon emissions and energy markets.
Climate Change: Mitigation and Adaptation Semester 2, Mandatory. The course examines the various technological and political mitigation measures that are currently (or feasibly, in the near-future) available and highlights probable adaptations to a changing environment that individuals and societies may need to confront.
Research Methods Semester 2, Mandatory. Looking at both qualitative and quantitative techniques this course will equip students with the means to develop and carry out their own research projects and to evaluate the contributions of others.
Masters study opportunities at Heriot-Watt University Inspire change The world is at a crossroads, with the planet and its species facing a range ...