Southern Methodist University

USA
1 Scholarships 140 Programs 3 Degree levels
Masters

Master's in Economics

DegreeMasters
FieldEconomics.
A

Cost & earnings at Southern Methodist University What students borrow here, and what they go on to earn

You borrow $19,500 median federal debt
You repay $222/mo over 10 years
Graduates earn $78,354 10 yrs after entry
Debt clears in 0.5 yrs of the salary premium
US Department of Education figures See the full breakdown →

This Master's in Economics with a specialisation in Environmental Economics and Policy at Southern Methodist University combines core economic theory and quantitative methods with applied coursework on environmental and natural resource issues. It suits students who want to build analytical skills to evaluate environmental policy, work with climate and resource data, or progress to doctoral study or policy-oriented careers in government, industry or NGOs.

What you'll study

This programme centres on rigorous microeconomic and econometric training tailored to environmental and resource issues. Core modules typically include advanced microeconomic theory, applied econometrics, and research methods. Specialist units focus on environmental economics, resource and energy economics, cost–benefit analysis for environmental projects, and the economics of climate change. Electives allow you to explore topics such as natural resource management, energy markets, environmental law and policy, urban and land-use economics, and spatial or ecological modelling.

Teaching methods combine lectures, problem sets, data-driven labs, and project work. Students usually complete a capstone—either a supervised research thesis or a practicum with a public agency, NGO or private-sector partner—demonstrating applied policy analysis and empirical skills. The programme emphasises use of statistical software for causal inference, programme evaluation, and forecasting relevant to environmental decision-making.

Entry requirements

Applicants should hold a bachelor’s degree or equivalent from a recognised institution. Admissions favour candidates with a strong quantitative background: coursework in calculus, linear algebra, probability and statistics, and introductory economics is expected. Typical application materials include academic transcripts, a personal statement outlining research or career objectives in environmental economics and policy, two or three academic or professional references, and a current CV.

International applicants must demonstrate English language proficiency if their prior instruction was not in English. Some applicants will be expected to submit scores from standardised tests if required by the department; practical experience in policy, environmental organisations or quantitative research can strengthen an application.

Career prospects

Graduates are prepared for careers that require rigorous economic analysis of environmental and resource issues. Common roles include environmental economist, policy analyst, research analyst, regulatory analyst, sustainability analyst, natural resource analyst, and consultant for environmental and energy sectors. Employers include government agencies, environmental and conservation NGOs, international organisations, utilities and energy firms, consulting firms, and think tanks. The programme also provides a strong foundation for those moving on to doctoral programmes in economics or public policy.

Why study at Southern Methodist University

Southern Methodist University offers this specialisation through its economics department within Dedman College, providing access to faculty with applied expertise in environmental, energy and public-policy economics. The university’s location in Dallas places students near regional energy companies, policy bodies and consulting firms, creating internship and practicum opportunities. Small class sizes promote close interaction with faculty and support for supervised research projects.

Students benefit from interdisciplinary collaboration across law, business, and public policy units on campus, plus access to local data sources and professional networks. The programme emphasises practical analytical skills and real-world policy engagement, equipping graduates to influence environmental decision-making in public, private and non-profit sectors.

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