Applied Natural Resource Economics, M.Sc. | Michigan Technological University | Houghton, United States
12 months
22458 USD/year
22458 USD/year
Tuition fee
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With access to a unique blend of economics, business, forestry, and geology, plus engineering, social sciences, and technical communication, the curriculum of the Applied Natural Resource Economics program of Michigan Technological University emphasizes real-world topics including environmental issues, public policy analysis, economic theory, and commodity markets. Naturally.


What you’ll work on

Start with core courses, then add electives—from finance to forestry. You’ll make the Applied Natural Resource Economics program of Michigan Technological University truly yours. Our students not only participate in research, they publish it. Student-led projects have been published in Marine Policy and Resources Policy.

Student research spans across topics and locations and is often inspired by evaluating current issues of developing countries. Recent research areas include petroleum fiscal regimes, global fisheries management, carbon sequestration of forest products, and social and sustainability challenges related to mining and oil production. Being in the “Great Lakes State” also facilitates student research closer to campus, such as evaluating natural resource stressors of Lake Michigan.

Where you’ll work

Global or local focus—you decide. While you work on your MS in Applied Natural Resource Economics degree at Michigan Tech you’ll be located in the Upper Peninsula; an area that has a rich history of mining and forestry, and Lake Superior is just moments away. Our research centers and institutes, such as the Great Lakes Research Center, offer additional connections to resource-based research.

Through a thesis or independent study project, graduates develop specialized knowledge in the economics of natural resources and the environment, an ability to evaluate resource projects, and a toolkit to perform independent analysis and effectively communicate analytical results. The flexible program is grounded in economic analysis, project evaluation, and statistical analysis. Our graduates are employed around the globe with careers in finance, government, and consulting and several pursued a PhD program to further their graduate education.

Programme Structure

Courses include:

  • Calculus
  • Economic Decision Analysis
  • Statistics
  • Microeconomic Theory
  • Managerial Economics
  • Advanced Financial Management

Key information


  • Full-time
    • 12 months

Start dates & application deadlines

More details

Apply at least a semester in advance of projected admission to improve your chances of receiving funding.


30 SCH


On Campus

Academic requirements

GPA admission requirements GPA

Other requirements

General requirements

  • 2 Letters of Recommendation
  • Admitted students generally have an undergraduate GPA of 3.0 or better on a 4.0 scale
  • TOEFL: Required Minimum Score of 79 iBT
  • IELTS: Required Minimum Overall Band Score of 6.5

Tuition Fee

To alway see correct tuition fees
  • International

    22458 USD/year
    Tuition Fee
    Based on the tuition of 22458 USD per year during 12 months.
  • National

    22458 USD/year
    Tuition Fee
    Based on the tuition of 22458 USD per year during 12 months.

Living costs for Houghton

1000 - 1500 USD /month
Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.


Interested in financing your studies? Find a student loan that works for you.

Financing partner MPOWER Financing Student Loans between $2,001 - $100,000


Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

Our partners

Applied Natural Resource Economics
Michigan Technological University
Applied Natural Resource Economics
Michigan Technological University


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