Course of Study

In the first semester, students choose four out of five basic modules, which give them an in-depth understanding of the basics of the subject and prepare them optimally for the further course of their studies. The following five basic modules are offered:

• Mathematics for Economists
• Microeconomics
• Macroeconomics
• Finance
• Econometrics

The basic module Mathematics for Economists is mandatory for all students, of the remaining four basic modules at least three must be taken.

In the second and third semesters, students determine their individual study profile by selecting advanced modules in the study areas that they find most interesting. They need to selct advanced modules from at least two and no more than four of the following study areas:

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

The advanced modules discuss current research and provide students with a deeper understanding of the conceptual and methodological assumptions underpinning various theoretical approaches.

Students also take a research seminar which allows for them to investigate current research and to further strengthen their analytical skills. They work in groups on a joint economic research project, formulating research questions and developing  a research approach.

Students have the entire fourth semester to prepare and to write their Master thesis. Here, students can explore their own research interests and apply the acquired knowledge to an individual research project.

Prerequisites: To register for their Master thesis, students need to have acquired 30 credit points from Basic Modules, have passed one advanced module in the study field in which they intend to write the Master thesis and need to have passed one research module in any study field.