Course Overview

This programme aims to produce graduates with analytical modeling skills and with the ability to draw on concepts coming from many different disciplines and fields of expertise so they can propose policy measures for sustainable development. They will have the ability to influence the formulation of business and corporate strategies in the marine, energy and agriculture sectors, and shape regulatory policy. It also seeks to deepen students’ knowledge of interactions between the economy, society and natural resources.

Applications and Selections

Applications are made online via The Postgraduate Applications Centre (PAC). Relevant PAC application code(s) above.

Who Teaches this Course

The programme is directed by a team of highly-respected teachers, researchers and consultants within the School of Business and Economics at NUI Galway. NUI Galway is also fortunate to be in close proximity to, and have a close relationship with, the Rural Economy Research Centre, Teagasc, the Irish Marine Institute and SEAI. As such, Agricultural, Energy and Marine Policy Researchers within these organizations will participate in the delivery of the programme and these organizations will facilitate the placement of a number of students for work experience and the completion of their minor dissertation.

Requirements and Assessment

Semester One: December. Semester Two: May. Exams and assignments are completed within each module. Students submit the dissertation before a date in the summer determined by the Programme Board.

Key Facts

Entry Requirements

Students admitted to the course will normally hold a primary degree with Second Class Honours Grade 1 or equivalent, which will have included the study of economics to intermediate level. Students who hold a Higher Diploma in Economics with Second Class Honours Grade 1, or equivalent, may also apply.

Additional Requirements


1 year, full-time

Next start date

September 2017

A Level Grades ()

Average intake

25 (20 E.U.; 5 non-E.U.)

Closing Date

Please refer to the offer rounds/closing date webpage.

Next start date

September 2017

NFQ level

Mode of study


ECTS weighting



PAC code


Course Outline

This is an innovative programme for students interested in contributing to environmental policy and sustainable long- term management of rural and urban resources. It aims to equip graduates with quantitative modelling skills to meet the diverse challenges of global climate change, sustainable development and environmental governance.

You will take courses in subjects such as Microeconomics, Natural Resource Governance, Renewable Energy Economics and Policy, Agricultural Economics and Policy, Marine Economics and Policy, Microeconomics, Economic Modelling, and Cost Benefit Analysis and Evaluation. In addition to coursework, students also complete a minor dissertation over a three-month period.

A number of internships in environmental, agricultural, energy or marine research institutes and/or development agencies, will also be offered. These will be competitive placements, which will allow the student to apply the skills learned on the programme in a real-world environment.

Why Choose This Course?

Career Opportunities

There are opportunities in environmental economics, development economics and agricultural economics, and graduates have gone on to do PhDs or have found employment in government departments, international environmental and development agencies, in land and coastal area-management, and in renewable energy sectors.

"The natural resource sectors have proven to be quite resilient in the downturn with the Agriculture sector regaining all lost output that occurred at the time by 2011. Both the Agri-Food and the Marine sectors have in recent times have prepared extensive development strategies as part of the Food Harvest 2020 and the Ocean Wealth strategies.
As a sector it differs from other sectors given both the dependence upon natural resources and degree to which outcomes within the sectors depend upon regulation. Given the disciplines historic strengths in environmental economics and public economics, a focus on the economics of the natural resource sectors seems a natural fit."

-Prof. Cathal O’Donoghue, Head, Rural Economy and Development Programme, Teagasc

"The Marine Institute would like to express its support for the new Masters being proposed ...... The marine sector in Ireland has received increased attention in recent years.  Its development as an economically active, commercially viable, environmentally and socially sustainable sector is in keeping with some of the most important European and Irish economic, social and environment policies."

-Caroline Bocquel, Director Corporate Services, Marine Institute

Who’s Suited to This Course

Learning Outcomes

Work Placement

Study Abroad

Related Student Organisations

Course Fees

Fees: EU

€6,015 p.a. 2016/17

Fees: Tuition

€5,791 p.a. 2016/17

Fees: Student levy

€224 p.a. 2016/17

Fees: Non EU

€13,250 p.a. 2016/17
Postgraduate students in receipt of a SUSI grant – please note an F4 grant is where SUSI will pay €2,000 towards your tuition.  You will be liable for the remainder of the total fee.  An F5 grant is where SUSI will pay TUITION up to a maximum of €6,270.  SUSI will not cover the student levy of €224.

Find out More

Dr Thomas van Rensburg
T: +353 91 493 858


Mohit Agrawal |   ‎Ph.D. Candidate in Economics, Yale University

As a Master’s student in Economics, I was impressed by NUI Galway’s students, faculty, and facilities. The program size was small, allowing me to learn from and become friends with my fellow students in a collegial atmosphere. The faculty were fully dedicated to students, easy to talk to, and well-versed in their fields. Meanwhile, the facilities at NUI Galway were top-notch, with great computer labs, libraries, and social spaces. Lastly, I enjoyed living in Galway, with its historic city center and scenic seaside promenade; Galway was a perfect launching pad for trips across Ireland and Europe. During my time in Galway, I gained a unique understanding of economic policy in the context of Ireland and the Eurozone. I strongly encourage international students to consider study at NUI Galway.