Our Planet is facing a ‘Climate Emergency’. Climate Change is the greatest contemporary environmental challenge with man-made carbon emissions proven to have resulted in unprecedented rises in global temperatures with significant impacts on human, social, political, economic and natural systems. The relationship between climate change and society is highly complex but we have the knowledge and the technology available to reduce the impact on climate, and thus ease the pressures on the world's most vulnerable places, people and wildlife. We just need people like you to help make it happen.
Economics can play a key role in tackling climate change by providing an understanding of the incentive structures of consumers and firms that help explain why and how governments might intervene in economic markets to deliver climate friendly policies and institutions. Through the study of economics, students will gain an understanding of the failures of ‘conventional’ markets to effectively tackle climate change. Drawing on sub-disciplines of environmental and ecological economics, students will develop an appreciation of how local, national and international policies can be developed to provide incentives such as carbon trading schemes and taxes aimed at reducing emissions. Economics can also help us understand the role of institutions, such as the Intergovernmental Panel on Climate Change (IPCC) helping set international targets for carbon emissions. A knowledge of economics also provides insights into mechanisms for transformative societal change such as moves to a carbon neutral economy, transitions to green GDP, and an understanding of the impact of climate change on equity issues between developed and developing countries. A combination of economic and climate change modules will allow students to develop the interdisciplinary skills needed to understand and create solutions to the climate crisis.
Student Satisfaction and Employability Results
Top 10 in the UK for Teaching Quality for the subject of Business & Management Studies (The Times and Sunday Times Good University Guide 2019)
95% of our Business and Administrative subject students were satisfied that the staff were good at explaining things, 88 for the sector. (NSS 2019)
97% of our graduates were in work or further study within 6 months, 3% more than Business and Administrative Studies graduates nationally (HESA 2018*)
Why study Economics and Climate Change at Aberystwyth University?
The degree in ‘Economics and Climate Change’ will prepare students to become future leaders in the fight against climate change. In this degree, you will combine a knowledge of the science underpining climate change with a wide range of economic tools that allow you to understand and develop policies and incentives supporting the transition to a carbon neutral economy. The degree explores creative ways in which policies can be developed to respond to the challenge and opportunities of the current climate crisis. It will also equip you with relevant subject specific knowledge alongside the inter-disciplinary, interpersonal skills and attributes needed to create a more just and sustainable world. Economics and Climate change will set you on the rewarding journey of having a positive impact on your world.
Students studying Economics and Climate Change at Aberystwyth will:
- Develop an inter-disciplinary approach to addressing the climate crisis
- Analyse the causes and consequence of climate change and environmental degradation from an economics perspective
- Develop an understanding of the application of economics across a range of problems and contexts, and in the area of climate change in particular
- Develop the analytical skills and ability to develop simplifying frameworks for studying the real world, including the impact of climate change
- Develop the relevant skills for the constructive use of economic knowledge to tackle problems of economic policy, including policies that tackle climate change
- Develop economic graduates with an appreciation of social responsibilities, including in the area of climate change.
Students at the Aberystwyth Business School are taught by lecturers and other teaching staff who are active researchers and expert practitioners in their chosen subject area.
Over 75% of full time members of teaching staff are qualified to PhD level. Most are currently research active, meaning that students benefit from being taught ‘new’ knowledge in their chosen field of study as well as recognized literature. The School also employs part-time and full time staff devoted purely to teaching. Many part-time staff combine teaching duties with consultancy and business activities, ensuring that students have access not only to up to date research but the latest applied knowledge.
Please note: The modules listed below are those currently intended for delivery during the next academic year and may be subject to change. They are included here to give an indication of how the course is structured.
|Module Name||Module Code||Credit Value|
|Climate Change: Impacts, Perceptions, Adaptations||GS10810||10|
|Economic Theory And Policy||AB13220||20|
|Fundamentals Of Accounting And Finance||AB11120||20|
|Fundamentals Of Management And Business *||AB15120||20|
|The Science Of Climate||BR12810||10|
|Understanding The Economy||AB13120||20|
* Also available partially or entirely through the medium of Welsh
Learning & Teaching
What will I learn?
Below is an indicative list of modules that you may study on this course.
In your first year, you will develop a strong foundation of economic subjects, including modules on data analytics, understanding the economy, economic theory and policy, and accounting and finance. These will be combined with innovative modules that investigate the science of climate and the impacts, perceptions and adaptations of climate change.
Your second year will further build on your knowledge of micro- and macro-economic theory. You will develop a deeper understanding of climate change issues through interdisciplinary modules on the governance of climate change and institutional design. A research methods module will provide you with the research skills to integrate your knowledge across different disciplines to address the economic impacts and responses to climate change. Finally, option modules will allow you to develop specialist knowledge on economic and climate change issues.
Your final year will focus on further developing your economics knowledge with specialist modules on environmental economics and growth, development and sustainability. You will also be able to choose from a wide range of economics and climate change modules to suit your learning and professional needs. Drawing on the knowledge you have acquired throughout your studies, your final year dissertation will provide you with an opportunity to research in detail issue relating to the economic impact of, and policy response to, the challenges of the climate crisis.
Typical Entry Requirements
UCAS Tariff 96 - 120
A Levels BBB-CCC
GCSE requirements (minimum grade C/4):
English or Welsh, Mathematics
BTEC National Diploma:
The University welcomes applications from students studying the Access to Higher Education Diploma. Our inclusive admissions policy values breadth as well as depth of study. Applicants are selected on their own individual merits, and offers can vary. If you are studying a qualification not listed on this page, please get in touch with the Undergraduate Admissions Office for further advice. Details about the country-specific qualifications the University accepts can be found on our country-specific pages. For further information, contact email@example.com