Master of Science in Economics

The Master of Science in Economics programme aims to convey the analytical skills and expertise that are indispensable for quantitative-oriented economists interested in practical solutions to economic problems in a world that is increasingly complex and difficult to classify. The Master's degree programme in Economics is designed to last two years. As a part of the Master's degree programme, it is possible to prepare for a doctoral degree programme by selecting suitable courses. The faculty places great value on ensuring that the offered programmes can be completed within the standard period of study and regularly evaluates the courses. The main features of the programme include the following: Quantitative focus: For Master's students who view economics as a "hard" subject, there is an academic ambition to understand economic phenomena with logical precision and clarity. It is just as important as letting the economic models and their quantitative relevance speak for themselves. The main focus is on dealing with quantitative data, statistical and econometric methods for data analysis, and computers to derive quantitative statements form the models and to check their plausibility. Theoretical foundation: You will learn to understand how economists think. Economists' tool kits are made up of models. They serve to organise their limitations and uncover possible contradictions in order to develop improvements and expansions, test alternative hypotheses and thus gradually come closer to mirroring reality. Research skills: Teaching at the School of Business and Economics at Humboldt-Universität is heavily research-oriented. This applies not only to the topics and focuses of the teaching programme but also to the results of students' theses, the very best of which aim to take science one step further. Internationality: Economics is a subject with an international outlook. This is why the metropolis of Berlin is an ideal location for studying economics. We have a large number of international students. Humboldt-Universität maintains relationships with partner universities all over the world, while both promoting and eagerly anticipating international student exchanges. All courses are offered in English. Self-initiative: Freedom of research and teaching also means freedom for students to choose their fields of study, among other things. With that in mind, our Master's degree programme offers students a great deal of flexibility, which, in turn, requires a great deal of initiative. Core modules (32 CP): Econometric Methods (12 CP) The compulsory module "Econometric Methods" provides students with the necessary tools not only to understand scientific work in modern economics, but also to be able to make a contribution to the scientific development of the discipline as part of their subsequent Master's thesis and in their subsequent professional activity. Master's thesis (20 CP) Catalogue of specialised electives (total 78 CP): From the catalogue of specialised electives, 58 CP of the highest-graded modules are included in the overall grade. Catalogue of specialised electives A, Micro- and Macroeconomics (12 CP): In this catalogue, we offer courses covering central and current areas of economics: Introduction to Advanced Microeconomic Analysis (6 CP) or Advanced Microeconomic Theory I (PhD-Level) (6 CP) Introduction to Advanced Macroeconomic Analysis (6 CP) or Advanced Macroeconomic Analysis I (PhD-Level) (6 CP) Catalogue of specialised electives B, Economics (18 CP): At least three elective modules from the following catalogue must be completed: Advanced Labour Economics Empirical Labour Economics Competition Policy Advanced Monetary Economics Decision-Making under Uncertainty Public Economics Catalogue of specialised electives C, Economics and Methodology (30 CP): At least 24 CP are to be selected from the Economic module offering. It is also possible to choose modules from catalogues A and B that have not already been completed. At