A Major in Econmics includes the following elements:

Fundamentals in Business and Economics (12 ECTS).

This module consists of the three lectures "62650 - Behavioral Science", "12036 - Econometrics" and "62651 - Theory of the Firm", which are mandatory for all students of the Master's program in Business and Economics. If you are pursuing a Major in Economics, we strongly advise to take the course "Econometrics" as early as possible, ideally in your first semester.

Core Courses in Economics (18 ECTS)

This module provides the core tools required for a rigorous, quantitative approach to solving economic problems. It consists of four lectures in Econometrics, Microeconomics, Macroeconomics, and Mathematics, all of which are mandatory.

The course in Mathematics if offered in the two weeks before the offical lectures start fall semester, so that you can acquire the necessary mathematical background for the other three Core Courses. You are advised to take all Core Courses as early as possible. Assuming a start in fall semester, the recommended plan of study is as follows:

• 18545 - Advanced Mathematics for Economics | 1^st semester - block course before lectures officially start!
• 65937 - Advanced Microeonomics | 1^st semester
• 41957 - Advanced Econometrics | 1^st semester
• 65943 - Advanced Macroeonomics | 2^nd semester

Research Design (6 ECTS)

Writing and presenting a paper in the seminar "65944  - Economics" is mandatory for this major. Doing so familiarizes you with the current research frontier in one of the main fields in economics (students may choose whether they want to write their seminar paper in microeconomics, macroeconomics, or fields) and helps you to prepare for your master's thesis.

• 65944  - Economics | recommended as of 2^nd semester or later (if study start is in fall)

Specific Electives (12 ECTS)

This module allows you to acquire deeper exposure to specific economics fields or methods. You choose the ECTS from the designated list of the medium-term curriculum (Master in Business and Economics > Major in Economics). Recommended as of 2^nd semester or later (if study start is in fall).

General Electives (0 or 24 ECTS)

This module allows you to take further courses in economics or pursue interests in related fields. They can choose according to their preferences among the courses offered for the Master of Science in Business and Economics or mentioned in the "General Electives" module in the medium-term curriculum (Master in Business and Economics > Major in Economics > General Electives). You have to obtain 12 ECTS (if you write a 30 ETCS master's thesis) or 24 ECTS (if you write a 18 ECTS master's thesis) in this module. If you earn more than the minimum number of ECTS in other modules of the program, the minimum number of ECTS is reduced accordingly, in extreme cases to 0 ECTS.

Master's Thesis (18 or 30 ECTS)

The master’s thesis is the capstone of the Major in Economics, providing you with the opportunity to apply the skills they have acquired in the program to a specific economic problem. As a rule, you have 15 weeks to complete the master's thesis and will acquire 18 ECTS for the thesis. Alternatively, you can opt for spending 25 weeks writing a more ambitious master's thesis worth 30 CP. We recommend that students in the Major in Economics pursue this option. More information about the master's thesis is available here.