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MA in Regional and Environmental Economics

MA in Regional and Environmental Economics

at the Corvinus University of Budapest

Credits: 120

Duration: 4 semesters

Our regional and environmental economics Masters programme is among

the 100 best international Masters programmes!

The MA in regional and environmental economics was ranked number 67

in Eduniversal’s 2017 ranking of the world's top Masters programmes in

sustainable development and environmental management.


We recommend the programme to those who:

• would like to acquire masters level knowledge in development policy and/or feel a commitment toward environmental issues

• would like to contribute to urban and regional development processes as economic experts

• would like to participate in the work of highly qualified academic researchers

• would like to learn from practical experts with extensive experience in economic and regional development and urban planning on the local, national and EU level

• would like to gain fresh, interdisciplinary knowledge about the environmental, social and geographic changes affecting the globalising, but also regionally structured world economy

• have a BA qualification in a related area (economics/management, geography, environmental sciences, agriculture, or other related social/natural science/engineering areas) 

• would like to expand their knowledge through a study trip abroad or an internship in Hungary

We are committed to providing the highest quality

regional and environmental economics programme in the country.

About the programme

The goal of the programme is to provide an introduction to development policy at the international, national, regional and local level for students with bachelor degrees in economics, geography or other related areas. Students of the programme will also acquire extensive knowledge about environmental economics and sustainability issues, as well as a wide range of strategic planning and management skills mainly focusing on the public sector. 

The programme places a strong emphasis on practice, allowing students to gain the ability to analyse development systems, regional and ecological processes; to participate in the development, implementation and evaluation of environmental and regional development policy strategies and programmes; as well as to co-ordinate development activities at the project level.

Previous graduates of the programme are now mostly active in the field of development policy or environmental protection, working in various industries, government branches, as well as EU and municipal organisations.

Students of the programme with no bachelor level qualifications in economics will obtain masters degrees in economics!

Students of the programme also have the opportunity to spend a semester abroad (Erasmus) and to become involved in the research activities of the Institute.

Our Institute is an associate member of AESOP

(Association of European Schools of Planning),

which lists our programme called

MA in Regional and Environmental Economics

as a registered planning programme.

Structure of the programme

The programme provides altogether 120 credits. Core courses cover the following areas: regional economics and policy, geopolitics, geographical information systems, urban and regional marketing, development policy and regional development, urban studies, sustainability and climate policy, advanced environmental economics, corporate sustainability and CSR.

Following the renewal in 2016, our programme is the most popular MA in Regional and Environmental Economics in the country.


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Courses in the MA Program

Development, Planning and Urban studies

Development and Cohesional Policies

The course introduces students into the public development approach and practice of international organisations (especially the European Union) and different member states.

Development Policy Management and Programming

The course covers development policy. The students learn the methodology of development policy and strategic programming through planning, preparation, implement and evaluate development programmes and other plans. Different environmental integration tools (e.g. strategic environmental assessment) are also covered during the course. 

Public Administration Basic Studies

The course covers public administrational procedures, different public organs and the operation of local authorities. The students learn the most important regulations being part of the public administrative basic examination.

Qulitative Stategic Regional Planning and Analysing Methods

The mission of the course is to give students an introduction of role, importance, justification and representability of qualitative analytical and planning methods (e.g. interview, representative questionnaire, SWOT analysis, group dynamics). At the same time, it grounds critical thinking. The methodologies and tools presented are suitable for development politics, territorial and environmental assessment as well. The focus of the course is on practical knowledge acquisition through implementing presented methods at student assignments.

Urban and Commnity Economics

The aim of the course is to cover the most important theories and regularities of the local municipal management.

Regional GIS and Quantitative Analysing Methods

The aim of the course is to introduce students into geographical analytical methods and basics of the theoretical and practical Geoinformatics. The theoretical part of the course covers different analytical methods, while during the practical part of the course students learn to use the ArcGIS software. At the end of the course the students will be able to use or edit digital maps.

Urban Geography and Global Cities

The goal of the course is to present the urban geography approach and its most important results with a special focus on global aspects. Students are involved into the knowledge widening procedure of the globally relevant cities.

Urban Economics and Sociology

The aim of the course is to introduce students into the social and economic features and dynamism of contemporary urban and municipality processes. Students get to know different social and economic concepts, methods, problem areas, especially phenomena and solutions being relevant for future professional career.

Urbanism and Regional Planning

The aim of the course is to introduce students into the mainstream approach, terminology and tendencies of urbanism and geographical planning, furthermore basic planning and development competencies. The course covers integrated and holistic approach of planning, with international trends and practices being in focus. The students will develop certain practical planning skills regarding cooperation and evaluation.

Geography and Development of Budapest and Major Cities

The aim of the course is to introduce students into the development and geography of major Hungarian cities. During the course these factors will be analysed and main development directions and features will be identified.

Alternative Future Images

Business Futures Studies


Geopolitics and Geography

Global Regional Geography

The course offers core knowledge through a virtual travel around the World, which on one hand covers the Non-European centrum regions, semi-peripheries, and peripheries with their regional socio-geographical features, on the other hand covers global trends (demographic, economic and climatic), conflicts and extremism regarding geographical contexts. During the course students get to learn similarities and differences between and within main culture-regions of our diverse World. The lectures cover territorial differences of wealth and poverty, usage of resources, production, distribution and consumption of goods, and labour and capital flows

Regional Geography of Europe

The aim of the course is to introduce students into the social geography of the European Union member states, Europe, from the Atlantic to the Urals, unique landscape features, development, historical, social and economic characteristics. The course covers (1) specific environmental, social and cultural features of the major European landscapes, (2) geographical factors of the recent economic and political changes, and (3) the impact of all these components on the inter- and intra-territorial development differences

National and Geostrategies

The course covers the latest results of geopolicy as discipline, furthermore the most important geopolitical trends of the Central-European Region. Some international example of national strategies in practice are also presented during the course.

Sustainable Development, Environmental Economics

Advanced Environmental Economics

The course focuses especially on the microeconomics of cleaner production and immission regulation furthermore on ecological economic approach of consumption.

Local and Rural Economic Development

The mission of the course is to present different contexts of local and rural economic development policies and different territorial economic strategies based on external and internal resources. Specific topics are regional sustainability, local economic development trends and the question of autonomous economic systems. These topics are mainly presented through case studies.

Integrated European Strategies

Current and relevant European strategic questions occur during the course which exceed traditional sectoral approaches from time to time and form European policy making and public speaking, and therefore embodied in horizontal goals. These questions are integration of sustainable development, prevention of climate change, adaptation to climate change, equal opportunities, demography (especially Roma and migration policies), financial crisis management, and regional cohesion

Economic Valuation of the Enviroment

The course first of all covers ecosystems and ecosystem services, secondarily the economic evaluation of non-market goods (e.g. noise pollution) regarding financial and non-financial methodological possibilities

Industrial Ecology

The traditional ecological industry developed mainly with reactive environmental protection in focus. This means that it provides solution for environmental issues already occurred. However, the preventive environmental protection tries to avoid environmental problems in order to serve not only environmental but economic effectiveness as well. This is the motivation for establishing industrial ecology, which offers solution for implementing ecological theory into industrial practice. Industrial ecology creates industrial-communal systems, assisting to decrease adverse environmental impacts and to avoid creating hazardous waste. The course intends to demonstrate this approach and toolbar towards the students.

The Socially Responsible Enterprise

The aim of the course is to introduce students into the concept and toolbar of the socially responsible corporate operation. The course provides an introduction into the corporate environmental protection and the most important environmental management tools used by companies. These are the steps towards sustainable development.

Economic an Environmental Law

The course offers a general introduction into the social role and operation of law through basic concepts. Furthermore, it gives a general overview of civil rights (persons, contracts, responsibility). As a next step students get to learn environmental law as a compass of environmental regulations. It presents the importance of the legislation and responsibility for environmental pollution. Finally the course cover a special regulatory area which is waste management

Environmental Protection and International Relations

The environmental policymaking and the international environmental cooperation has rapidly developed since the 1970s. It was largely catalyzed by an increasing amount of environmental observations and the information from the research community that revealed the expanding human influence on environment from local to global scales. Due to these efforts, there is a growing evidence on human-induced transboundary and global environmental pressures and in turn a very diverse international cooperative system has emerged: multitude of institutions, fora, programs, agreements.
Nowadays, these multilateral mechanisms are crucial components of international relations and their overall objective is to cope with the escalating environmental problems and to prevent the emergence of new environmental hazards. This complex topic is at the crossroad of two disciplines: the environmental science and the political science. In this course, the historical evolution of the international environmental cooperation and the environmental diplomacy is demonstrated, followed by the presentation of the key institutional, programmatic and legal mechanisms, which have been developed in response to the various transboundary and global environmental problems. Special attention is devoted to the global collaboration under the aegis of the United Nations, some regional cooperative mechanisms and to the role of European Union in the environmental policymaking. Course professor / lecturer: Dr. Tibor Faragó, hon. professor

Last modified: 2017.11.13.