Within this highly individualized Master’s program, you deepen the methods you’ve already learned in the bachelor's program and supplement them by new methods in order to have the necessary tools for the analysis and solution of economic questions and problems. In specialized courses, the learned methods are practiced and applied to concrete economic issues, such as the computer-based simulation of economic policy measures. By the end of the program, you will be able to analyze economic questions independently and develop policy options as well as solutions for economic issues. In doing so, you will encounter the following questions, among others:

What is the relationship between climate targets and economic growth and what are the consequences for optimal climate policy? How can the financial sector be regulated, taking into account stability requirements, while maintaining the benefits of a competitive environment? How can a fair tax system be implemented through a democratic process? What are the implications of demographic change for social security systems and how can pension, health and long-term care insurance be financed sustainably, fairly and efficiently?

✔ ... have a sound knowledge of the fundamentals of business administration and especially economics, mathematical-analytical and social science methods from the bachelor's program and a great interest in economic issues.
✔ ... like thinking in models and systematic empirical analyses.
✔ ... want to analyze complex economic policy problems in a well-founded manner and evaluate reform options.
✔ ... want to prepare for a management position in a company, an association or a government agency or if you aim for an academic career.

✔ ... want to achieve personal goals, but also have an eye for social responsibility.

4 terms:

■ 3 methods lectures with a total of 18 credit points (ECTS)

■ Major in Economics with a total of 42 credit points (ECTS)

■ 1 minor with the possibility of individual course selection with the possibility of individual course selection with 30 credit points (ECTS)

■ Master's thesis with individual topic selection with 30 credit points (ECTS)

Major Economics

In the Economics major you can choose from a wide range of courses and focus your course of studies according to your interests. For example, you can focus on the economics of market failure and develop solutions to economic policy problems in the areas finance, health care, pensions, taxation, and environment. In addition, you can emphasize on both, traditional and modern areas of microeconomics or macroeconomics, e.g., behavioral economics and experimental research or growth, business cycles, and distribution.

Minor

With the choice of your minor, you can individualize your studies and thus prepare yourself for your professional career in a targeted manner. By choosing the minor "General Management & Economics" you can select master courses from the Faculty of Business Administration and Economics and thus freely complement your economics courses of the major. Alternatively, you can choose one of the three business administration minors "Business Analytics & Operations", "Finance, Accounting, Controlling & Taxation" and "Strategy, Marketing & Management".

The Faculty of Business and Economics holds a Master’s Information Day in the winter and the summer term. Potential students have the opportunity to comprehensively find out at first-hand about our Master’s programs, their composition, structure, and the application conditions.