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The pressure on the non-human component of the ecosystem that we witness today can largely be attributed to the intensified pursuit of material consumption by a growing mass of population in the post-war period. Environment and Resource Economics attempts to recognize, understand, analyse, and evaluate the nature-society exchanges towards their implication on human well-being. Towards addressing this, it aims to design and implement effective policy instruments that assist in sustaining a given quality of life on earth and its enhancement over a longer time horizon. It involves rigorous grounding in standard economic theory and techniques and a simultaneous exposure to a wide variety of economic challenges due to the ecological / environmental / natural resource constraints.
The syllabus for the programme is frequently revised by bringing in updating the curriculum and introducing hands-on- practical session with the software packages like STATA and R as well as case studies and examples from policy making domains making domains. The quality of the curriculum is regularly evaluated by its stakeholders, peers, alumni and employers. The faculties are involved in active research with funded projects from SANDEE, DST, and several other funding agencies who regularly publish in the leading journals across the spectrum of economics. The programme also has a have received consistent appreciation from the students. Many of its alumnus have joined PhD programme in prestigious universities in India and abroad.
This programme has been offered by TERI SAS since 2009. The quality of students, their performance, cent percent placement and the expertise of the faculties make it one of the flagship programmes offered by the Department of Policy Studies as well as by the University.
At the end of pursuing the MSc (Economics) with specialization in Environment and Resource Economics program the students are expected to:
• Gain in-depth knowledge of the concepts and theories of Economics with core aspects of ecological, environmental, and natural resource economics.
• Receive hands-on experience in applying economic concepts, theories, and methods towards analysis, appraisal and evaluation of a wide range of economic problems and policies.
• Develop analytical and writing skills through preparation of critical review, literature survey, research proposal and Masters’ Thesis.
• Develop and apply quantitative skills including numerical, statistical and econometric analysis using packages such as STATA and R.
MSc (Economics) with a specialization in Environment and Resource economics is unique as it not only includes advanced graduate level exposure to microeconomics, macroeconomics, mathematics, development economics, growth economics, statistics, and econometrics, but our students also receive an in-depth knowledge of the concepts, theories, techniques, policies and other applications in ecological, environmental, and natural resource economics. It offers a wide choice of specialized optional papers as well.
The Master’s Thesis is mandatory, if not the most important component of the programme. It provides a hands-on opportunity to the students to apply economic concepts, theories, and methods towards analysis, appraisals, and evaluation of a wide range of environmental problems and policies so as to demonstrate their ability as research professionals. All students are supervised by one or more faculty members and every thesis is reviewed extensively by a panel of experts to ensure quality, originality and rigour. The quality of the dissertations has been appreciated in various forums including national and international conferences. Some of these dissertations have also resulted in publications in peer- reviewed journals.
The students are encouraged to undergo a summer internship at the end of the second semester, which trains them to translate theoretical knowledge into applied research as conducted at think-tanks and industries. Desirous students are also provided with placement assistance. Our former students have obtained placements in the government, corporations, think-tanks, international organizations, civil society organizations, and research institutes of repute.
Some students have also opted for higher studies in academic institutions like Centre for Development Studies, Delhi School of Economics, Jawaharlal Nehru University, John Hopkins University, University of California, Riverside, University of Warwick, Vanderbilt University, and Yale University, university of Tennessee Knoxville , Drexel University and others.
The learning experience gained at the TERI SAS was, for the most parts, intellectually stimulating. This was driven by the great faculty . The M.Sc. dissertation was an added bonus too. Since I wanted to do a PhD in Economics, the core courses taught, the interaction with the professors and the MSc. dissertation were of critical importance. All have helped me gain admission to Warwick, as well as provide a good base for graduate level courses. The single most important contributor to my achievements at Warwick has been the faculty at the TERI SAS. I believe they were successful in sustaining my interest in the subject and pushed me to do a PhD at Warwick. Their trust and faith still helps me push my academic boundaries. I would like to remember TERI SAS as an important stepping stone for my academic career. My experience at TERI SAS was fulfilling and gainful
This university taught me so much of what I needed to know, gave me great opportunities and helped inspire me to pursue a career in economics. I can never forget the first day as a naive 20 year old when our course coordinator asked me what do you hope to learn here? And I said, I hope I can master the basics of economics, and undoubtedly the university helped me achieve my goal as well as fostered my research interests in environmental economics. With amazing professors who care about your learning and even more wonderful colleagues, it was truly the best two years of my life. Thank you TERI .
The curriculum design of the M.Sc progamme at TERI School Od Advanced Studies (Deemed to be University), New Delhi is progressive and unlike anything that the majority of Indian education system has yet embraced. Right from the first semester, the curriculum was dynamic and the evaluation was continuous. There were take - home assignments, presentations. open book examinations, term papers, and even 24 - hors exams! The focus was never to simply to reproduce different chapters and readings in the exam but rather, on the analysis and understandins.
TERI faculty has been supportive and always encouraged us to pursue our area of interest.
The choice of the method depends on objective of enquiry. These comprise classroom lectures, case studies, computer lab work, term papers, assignments and tutorials, guest lectures by policy makers and experts, seminars and discussion forums etc.
- Designed to equip the students with not only the basic skills, tools and analytical abilities but also with the capacity to think through any given research problem.
- Variety of assessments across the spectrum: from critical review and literature survey to preparation of research proposal and practical’s
- Meticulously supervised Masters’ Thesis.
- Vibrant mentoring system
The Master’s Thesis is a mandatory component of the MSc Economics programme. It has the highest credit load of 20 out of 72 and spreads across the entire 4th semester. It requires the student to conduct meaningful and grounded research in economics with a focus on ecological, environmental and resource economics, the specialization of the MSc Economics program. The first three semesters of MSc Economics program are designed in a way to provide skills and sound knowledge in basic economic theory and its practices. The foundations of the thesis are laid down in the core course titled “Methods of Research in Economics” (MPE 176; third semester). It takes the students through the entire spectrum of research design, that begins with theories, concepts, frameworks and models and ends with a Research Proposal for a Masters’ Thesis. Ordinarily, the student will write a Master’s Thesis based on this Research Proposal, under the supervision of faculty/external experts, as decided by MPEC of MSc Economics programme.
The Master's Thesis provides a hands-on opportunity to the students to apply economic concepts, theories, and methods towards analysis, appraisals, and evaluation of a wide range of environmental problems and policies so as to demonstrate their ability as research professionals. The quality of the dissertations has been appreciated in various forums including national and international conferences. Some of these dissertations have also resulted in publications in peer-reviewed journals.
Master's Thesis submitted by the students of batch 2018-20Master's Thesis submitted by the students of batch 2017-19
