Cost & earnings at University of Memphis What students borrow here, and what they go on to earn
The Master of Arts/Master of Science in Economics with a concentration in Environmental Economics and Policy at the University of Memphis prepares students to apply economic analysis to environmental and natural-resource problems. It suits graduates with a quantitative background who want to work in policy analysis, environmental consulting, resource management or continue to doctoral study.
This programme combines core graduate training in economics with specialised courses on environmental and resource issues. Core modules typically include microeconomic theory, macroeconomic theory, and advanced econometrics to provide the analytical and quantitative tools required for applied policy work. Environmental specialisation courses commonly cover environmental economics, natural resource economics, cost–benefit and non-market valuation methods, energy economics, and the economics of climate change and pollution control.
Students choose from electives that may include public economics, urban and regional economics, development and sustainability, law and economics, and applied policy evaluation. Practical components often include empirical project work, applied econometric lab sessions, and a policy-oriented capstone or thesis option for students who opt for research concentration. Internships or practicum placements with local, state or non‑governmental organisations are encouraged to provide real-world experience.
Applicants are normally expected to hold a bachelor’s degree in economics or a closely related discipline (such as mathematics, statistics, engineering, environmental science or public policy) with evidence of strong quantitative skills. Typical admissions requirements include a satisfactory undergraduate GPA, copies of official transcripts, a statement of purpose outlining research or professional goals, and academic letters of recommendation.
Applicants without a formal economics degree may be admitted conditionally but should demonstrate competence in calculus and statistics; they may be required to take bridging undergraduate courses. International applicants must meet the university’s English-language proficiency requirements. The department may request GRE scores as part of the application packet depending on current admissions policies.
Graduates find roles in a variety of public, private and non-profit settings. Common career paths include policy analyst or economist in federal and state environmental agencies, environmental and sustainability consultant in private firms, analyst positions in energy companies, roles with environmental NGOs and community organisations, and research or analyst posts at think tanks and academic institutions. The quantitative and policy analysis skills gained also prepare graduates for doctoral programmes in economics, environmental science or public policy.
Typical job titles include environmental economist, policy analyst, natural resource economist, energy markets analyst, environmental consultant and research associate. Employers range from government environmental protection and natural resource departments to consultancies, utilities, international organisations and academic or research centres.
The University of Memphis offers focused graduate training with access to applied research opportunities in a region facing diverse environmental and economic challenges. Students benefit from close faculty mentoring and small cohort sizes that support hands-on empirical work. The university’s location provides opportunities for internships and collaboration with municipal and state agencies, regional utilities and non‑profit organisations engaged in environmental management and policy.
Interdisciplinary links across departments and professional schools enable students to combine economic analysis with public policy, urban/regional studies, and law when relevant. The programme emphasises applied skills — especially econometric and policy evaluation techniques — that are immediately relevant to employers and further academic study.
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