Environmental economics study program aims to elaborate environmental issues, such as pollution, climate change and protection of biodiversity, from aspect of economy, develop understanding of environment and resources, define conceptual basics and practical tools for analysis, quantification and interpretation of status, protection and development indicators.

This study program of Bachelor studies Environmental Economics has developed from ten years of effort of Faculty of Applied Ecology Futura to put together specific knowledge to already re-accredited program of Master academic studies INTEGRATED MANAGEMENT OF NATURAL RESOURCES, from the sphere of GREEN ECONOMY, RESOURCE ECONOMY, THE ECONOMY OF NATURE, ECOLOGICAL ECONOMICS, CIRCULAR ECONOMY, which nowadays are inevitable variables and constants of holistic and interdisciplinary understanding phenomenology of such complex field as ENVIRONMENT.

Starting new undergraduate study program is a logical consequence of the results already achieved in this area, in order to complement the vertical of existing master program with fundamental knowledge in science of environmental protection but also interdisciplinary, multidisciplinary and transdisciplinary knowledge, which undoubtedly include the specific knowledge of ecological economics.

One of the tasks that must necessarily be implemented within the framework of this program is the requirement for qualifying in estimation of SOCIAL AND ENVIRONMETAL STANDARD FOR SUSTAINABLE INVESTMENTS, which are the condition (the World Bank, the European Bank for Reconstruction and Development) for investment  in the environment today, and the emphasis is on professional practice EDIT (education, demonstration, innovation, training) through which students will be trained and also acquiring knowledge and skills in developing business plans,feasibility study, environmental investment programs, reports, case study.

Graduate Analyst of Environmental Economics acquires the ability to understand underlying causes of contemporary environmental problems, but also to design policies in order to solve them. Ability to understand the instruments and tools (environmental and economic) for the environmental protection is located in the plane of the phenomenology of ecological restorations, which are neither new charges, nor taxes, but the substitution for extra profit, from which mitigate the consequences of external costs and make up for environmental damage.Economic analysis is inevitable, especially today, to determine the usefulness, cost and evaluation of effectiveness of various instruments for environmental protection, designing new interventions, sustainable economic development and natural resource management.

What makes this program unique is that it combines corresponding knowledge in fundamental / Natural Sciences and Mathematics with solid fundamentals and knowledge in key areas of the economy. Besides learning basics of macroeconomics and microeconomics, students get special knowledge about environmental pollution, non-renewable and renewable resources and the necessary interactions between globalization and environmental degradation. In addition to these qualitative outcomes, study program emphasizes the importance of quantitative skills needed for understanding and carrying out empirical work in economics, with special emphasis on the assessment and evaluation of monetary resources, but also the assessment and monetary evaluation of environmental damage.

The need for Graduate Analysts of Environmental Economicsexists in many state institutions, government authorities, inspection services and research centers of various state, private and public companies, in project teams in preparing documents and study of environmental impact assessment, in study of protection of certain areas, in consultancy firms in the field of environmental protection, eco-industry and investment program in the NGO sector.


Structure of Study Program

No. Subject Semester ECTC Subject Semester ECTC
Mandatory subjects Elective subjects
1. Environmental and Resource Economics I 7 Environmental Policy I 6
2. Introduction to Economy I 7 Quantitative Methods I 5
3. Informatics I 6 English Language A I 5
4. Waste Resource Management I 5
5. Elective A I
6. Public Policies Analysis II 7 System and Information Theory II 5
7. Principles of Microeconomics II 7 Biostatistics and Experimental Design II 5
8. Social Ecology II 6 English Language B II 5
9. Soil Resource Management II 5 Elective  B
10. Elective B II


11. Public, private and civil sector in sustainable development III 6 Water Resource Management III 6
12. Principles of Macroeconomics III 5 Philosophy of Natural Sciences III 5
13. Geodiversity Protection III 7 Rural Ecology III 6
14. Biodiversity Protection III 7 Elective C
15. Elective C III
16. Public Sector Economics IV 7 English Language C IV 5
17. Regional Geography and Natural Resources IV 7 High Level Biological Production Systems IV 5
18. Economic and ecological intruments in environmental protection (Green Budget) IV 6 Insurance and Environment IV 6
19. Recycling Industry IV 6 Elective D
20. Elective  D IV


21. Local and Regional Sustainable Development V 7 Preservation and Improvement of Urban Ecosystems V 6
22. Environmental Management V 7 Protection and Improvement of Forest and Hunting Resources V 5
23. Environmental Law and Natural Resources V 6 Ecological and Economic Environmental Risk Assessment V 6
24. EDIT A – Green Economy V 5 Elective E
25. Elective E V
26. Ecological Spatial Planning VI 7 Sustainable Tourism in Service of Rural Development VI 6
27. Inclusion and Ecological  Economics VI 6 Management of Protected Areas VI 5
28. Ambient Ecology-(Ecological and Economic Analysis of Space Capital) VI 7 Environmental Ethics VI 5
29. EDIT B – Brown Economy VI 5 Elective F
30. Elective F VI


31. Methodology of Environmental Damage Evaluation VII 7 International Regulation in Environmental Protection VII 5
32. Climate Change and Global Economy VII 6 Ecology and Energetics VII 5
33. Management of Environmental Project VII 7 Ecological and Economic Aspects of Directed Use of Genetic Resource VII 6
34. EDIT C – Blue Economy VII 3 Elective G
35. Elective G VII
36. Methodology of Environmental Damage Evaluation VIII 7 Evaluation of Natural Resources VIII 5
37. Circular economics VIII 7 Global Ecology VIII 5
38. EDIT D – Red Economy VIII 3 Theory of decission VIII 6
39. Elective H VIII Elective H


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