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Program Structure

Students have to pass the following master program of 120 ECTS:


1. All core subjects (24 ECTS)

Core Subjects

Advanced Microeconomics (6 ECTS)

Advanced Macroeconomics (6 ECTS)

Welfare Economcis (6 ECTS)

Advanced Econometrics (6 ECTS)


2. Modules in the minimum amount of 6 ECTS from each field of specialization:

Economic Theory

Monetary Macroeconomics in international context (6 ECTS)

International Macroeconomics (6 ECTS)

Monetary Theory (6 ECTS)

Economics of information (6 ECTS)

Selected Topics of Microeconomics (6 ECTS)

Selected Topics of Macroeconomics (6 ECTS)

Economic Growth (6 ECTS)

Economic Systems (6 ECTS)

Methods of modern Macroeconomics(6 ECTS)    

Theory of Capital Markets (6 ECTS)

Economics of innovation and innovation policy (6 ECTS)


Economic Policy

Advanced Labour Economics  (6 ECTS)

Monetary and fical policy (6 ECTS)

Reforming the Welfare state (6 ECTS)

Measuring Inequality (6 ECTS)

International Public Economics (6 ECTS)

Design of economic systems (6 ECTS)*

Empirical Public Economics and  Economic Policy(6 ECTS)*

Selected Topics of Social Policy (6 ECTS)*

Selected Topics of Labour Economics (6 ECTS)*

International Economic History (12 ECTS)

US Economic Policy (12 ECTS)

International Economics (12 ECTS)

Finance and Development (6 ECTS)

Development theory and strategy (6 ECTS)


Quantitative Methods

Applied Microeconometrics (6 ECTS)

Univariate Time Series Analysis (6 ECTS)

Multivariate Time Series Analysis (6 ECTS)

General Time Series Analysis (6 ECTS)*

Multivariate Methods (6 ECTS)

Advanced Statistics (6 ECTS)

Advanced Survey Statistics (6 ECTS)

New Statistic Methods (6 ECTS)

Microeconometrics (6 ECTS)*

Complex Methods of modern Econometrics (6 ECTS)*

* According to the study regulations, modules are offered only irregularly.

Credit Points from studying abroad will only be approved by the master program's coordinator if they are related to courses on master level. Generally, you are allowed to take credits points for courses that are equivalent to courses of your master’s program. Furthermore, the master program's coordinator is also responsible for the approval of credit Points from BDPEMS modules.

In sum, you need 54 ECTS from these courses which can include credit points from studying abroad, BDPEMS modules and modules from Advanced Studies.

3. Two modules from the following seminars (12 ECTS)

Advanced Studies

Current Research on Macroeconomics (6 ECTS)

Current Research on international Macroeconomics (6 ECTS)

Current Research on Microeconomics (6 ECTS)

Current Research on theoretical Public Economics (6 ECTS)

Current Research on empirical Public Economics and Economic Policy (6 ECTS)

Current Research on Social Policy (6 ECTS)

Current Research on international Public Economics (6 ECTS)

Current Research on Labour Economics (6 ECTS)

Current Research on Time Series Econometrics (6 ECTS)

Current Research on Econometrics (6 ECTS)

You can also take up to four courses from the Area of Advanced Studies in order to use them for the fields of specialization.


4. Master Thesis (30 ECTS)

Master Thesis