Master of Science in Economics

The Master's programme in Economics at Kiel University imparts methodical skills related to various fields of economics and a broad, sound and critical knowledge of microeconomics, macroeconomics and econometrics, plus a command of various sectors of applied economics. The main objective of the Master's course is to enable graduates to discuss and interpret the essential concepts and methods used in the economic sciences, evaluate the main research methods employed in the field, draw upon the knowledge they have acquired to deal independently with complex situations, and develop and implement ideas of their own. Graduates will have a sound command of advanced methods in both model-theoretical and empirical/quantitative analysis and will be able to analyse economic problems, assess economic arguments and conduct empirical investigations displaying a relatively high degree of complexity. In addition, they will possess a critical understanding of the economic concepts and methods they have learned. The programme is organised in six parts: Compulsory Section in Economics (30 ECTS CP) Compulsory Section in Econometrics (6 ECTS CP) Compulsory Elective Section in Econometrics (6 ECTS CP) Compulsory Elective Section in Economics (36 - 60 ECTS CP) Compulsory Elective Section Supplementary Subjects (0 - 12 ECTS CP) Master's thesis (18 or 30 ECTS CP) During the first semester, the core courses in Economics and Econometrics, Advanced Microeconomics, Economics Dynamics and Econometric Methods are obligatory. The second and third semesters focus on the specialisation courses in Economics. Students choose specialisation modules from various fields of Economics: Applied Microeconomics Macroeconomics & Growth Financial Economics International Economics Public Economics Environmental & Resource Economics Applied Empirical Methods Furthermore, students can choose a supplementary subject from another discipline. This supplementary subject can be Business, Computational Sciences, Business Information Systems, Social Sciences, Political Sciences, Agricultural Economics, German as a Foreign Language, or Mathematics. (At the moment, English as teaching language can only be guaranteed if additional Economic modules are chosen.) The fourth semester is mainly reserved for completion of the Master's thesis. There are two versions for the completion of the Master's thesis: 30 ECTS: six months processing time, or 18 ECTS: 15 weeks processing time; two additional modules of the Compulsory Elective Section Economics need to be completed. Documents: Examination regulations (Fachprüfungsordnung, English) (pdf) Fachprüfungsordnung (German) (pdf) Modules and course descriptions (Module Handbook) (pdf) A wide range of specialised courses offered on a regular basis gives students an insight into many areas of economic research arising through cooperation with the Kiel Institute for the World Economy. Study plan: