Master's Program in Economics

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The study program is structured into modules. In our Master's program a distinction is made between Compulsory Modules (CM) and Optional Modules (OM)



It is recommended to choose the Optional Modules as shown in this table; 30 ECTS should be obtained each semester from OM courses.

In the 2nd semester it is suggested that students choose one 12 ECTS (“Studies in…”) course and three 6 ECTS (“Topics in…”) courses, in order to obtain the recommended 30 ECTS credits.

In the 3rd semester we recommend to choose one of the following combinations:

2 x 12 ECTS and 1 x 6 ECTS
1 x 12 ECTS and 3 x 6 ECTS
5 x 6 ECTS

Basic Education

In the first semester students attend basic lectures and tutorials in:

  • Mathematics for Economists
  • Econometrics
  • Microeconomics
  • Macroeconomics
  • Public Economics


In the second and third semesters, students are free to choose courses from a wide range of modules. Students have the possibility to specialize. We offer the following fields of specialization:

  • Microeconomics and Strategic Interaction
  • Applied Econometrics
  • Public Sector Economics
  • Macro Economics and International Economics

In the Curriculum of the Specialization for the Master's Program (PDF 66 KB) all courses offered by the Department of Economics relating to their specialization can be found. 

In order to acquire a Certificate of Specialization, students must obtain at least 24 ECTS credits from assigned courses and write their master's thesis within this specific field. 

To receive the certificate an online form has to be filled out according to the desired specialization and the final transcript has to be uploaded. 

 Master Thesis

In the fourth semester, students write a master's thesis demonstrating their ability to produce independent scientific work in a specific area of economics.