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Structure of the Program

The Master program in Economics consists of lectures, seminars and a project module. The program is organized into modules, i.e. classes that are related both in terms of content and scheduling. Students receive 7.5 ECTS for ech basic and for each advanced module. Basic modules lay the foundation for the comprehension of economic research; advanced modules involve an in-depth study of various areas of Economics.

During the first semester, students need to take four out of five of the following basic modules:

  • Mathematics for Economists (mandatory)
  • Microeconomics
  • Macroeconomics
  • Finance
  • Econometrics


In the second and third semester, students take advanced modules covering a minimum of two and a maximum of four areas of Economics. These advanced modules focus on current topics in economic research and provide students with an in-depth knowledge of the conceptual and methodological assumptions of a variety of approaches.  

In addition to these advanced modules, students also take a research module (15 ECTS) (they can apply for taking a second one). These research seminars help students to improve their academic and analytical skills while addressing recent topics of the respective field of study.

Advanced modules and research modules are offered in the following fields:

  • Microeconomic Theory
  • Macroeconomics and Public Economics
  • Management and Applied Microeconomics
  • Financial Economics
  • Econometrics and Statistics
  • Economic Research.

In the fourth semester, students write a Master thesis. They receive 30 ECTS for the thesis.

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