M.Sc. Economics in 6 Majors

The master program M.Sc. Economics is a two-year full-time program that combines application and research oriented courses and has a special emphasis on empirical methods.

In addition to a thorough training in economic theory and econometrics, you can - depending on your major - attend a varying number of courses offered, e.g., by the Business Department, the Political Science Department or the Sociology Department.

One typically starts taking modules from the major area of focus in the second semester (when starting in the winter term). You can find the possible modules for each major in the table below. Each of the modules is either 5 or 10 credit points (CP). If you pass modules for at least 30 CP in one of the majors, the name of the major will be recorded in the final Master's certificate. Still, you can choose any of these modules with a total value of up to 60 CP irrespective of their area of focus.

International Political EconomyInternational Labor Markets and InnovationInternational FinanceEuropean Social Security and Health SystemsEconometrics and Applied StatisticsEnvironment and Sustainability
European and global processes from an economic and political science perspectiveLabor markets and human resource management in the context of globalization and technological changeInteraction of economics and finance in a globalized worldEconomics of the social state (e.g., pensions, welfare, taxation), with a special focus on the health care systemAdvanced methods for data analysis and economic theoryA focus on environmental economics and energy markets
  • Political Economics (compulsory)
  • International Trade (compulsory)
  • Research Techniques and Methods
  • East Asian Politics and Governance
  • European Politics and Governance
  • European/East Asian Political Economy
  • Global Governance
  • Incentives in Organizations and Innovation (compulsory)
  • Applied Microeconometrics Using Stata
  • Empirical Labor Economics
  • International Labor Markets
  • Monetary Policy and the EMU (5 CP)
  • Special Topics of Monetary Policy (5 CP)
  • International Macroeconomics (5 CP)
  • Special Topics in International  Macroeconomics (5 CP)
  • Applied Financial Econometrics (5 CP)
  • Applied Macroeconometrics (5 CP)
  • Applied Time Series Econometrics (5 CP)
  • Special Topics in Applied Econometrics (5 CP)
  • Quantitative Trading with R
  • Finance A – D
  • Ökonomik des Wohlfahrtsstaates (compulsory)
  • Gesundheitsökonomik (compulsory)
  • Soziologische Theorie und Gesellschaftsanalyse
  • Fortgeschrittene Datenerhebungs‐ und Datenanalyseverfahren
  • Institutionen der Wirtschaft
  • Sozialpolitik und Ungleichheit
  • Arbeit, Organisation und Gesellschaft
  • Elements of Statistics and Econometrics
  • Statistical Programming with R (5 CP)
  • Monte Carlo Simulation Methods (5 CP)
  • General Statistics #1 – #2
  • Survey Sampling (5 CP)
  • EMOS Core Module
  • Specialisation Survey Statistics #1 – #4 (5 CP each)
  • Specialisation Survey Statistics: Seminar (5 CP)
  • Applied Financial Econometrics (5 CP)
  • Applied Time Series Econometrics (5 CP)
  • Applied Macroeconometrics (5 CP)
  • Special Topics in Applied Econometrics (5 CP)
  Note: at least 20 CP have to be chosen from the first 9 modulesNote: lectures could be held in GermanNote: at least 20 CP have to be chosen from the first 8 modules 

Find more details in the examination regulations.