Master's Program in Economics
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Compulsory Modules PO2013

Mathematics for Economists (6 ECTS)

Content

The module presents the mathematical methods underlying various economic theories and applications.

Learning objectives

The aim is to provide students with the mathematical background that is necessary for their subsequent study of economics.

 

Econometrics (6 ECTS)

Content

This module presents the methods of econometrics, the field of economics that combines the methods of statistical estimation with economic theory.

Learning objectives

On completion, students will be able to conduct empirical studies using econometric methods, with the goal of testing the predictions of theoretical models and of forecasting the economic decisions of individuals, households, and firms. Moreover, students will be capable of following current developments in the literature and assessing their relevance for their own research.

 

Microeconomics (6 ECTS)

Content

This module introduces graduate students to some of the most important and most commonly used microeconomic methods. The module offers an introduction to neoclassical decision theory and game theory (strategic decision making), models of imperfect competition and information economics. Furthermore, basic models of optimal contracting under informational asymmetries are introduced.

Lerning Objectives

The aim of the module is to equip students with the methods of microeconomic analysis.

 

Macroeconomics (6 ECTS)

Content

This course deals with advanced macroeconomic models, especially: Economic Growth, Overlapping Generations (OLG) Models, Economic Fluctuations

Lerning Objectives

The aim of the module is to equip students with the methods of macroeconomic analysis.

 

Public Economics (6 ECTS)

Content

The module analyses the problems and policy trade-offs for modern welfare state under conditions of increasing economic integration.

Lerning Objectives

Students should learn to analyze the fundamental policy trade-offs between efficiency and equity goals in modern welfare states using modern theoretical and empirical methods.

 

Master's Thesis (30 ECTS)

Content

In the Master’s thesis students prove their ability to independently apply the scientific methods of economics and to write an original piece of research.

Learning objectives

Students should build up detailed knowledge of a specific issue in economics. The Master's thesis, which concludes your studies, should be an independently written research thesis in any area of economics. A suitable supervisor for your Master’s thesis can be chosen from all the Professors of the department who are teaching during the period you are writing your thesis. Please see the information on the planned sabbatical semesters of professors.