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Masters Degrees in Economic policy, Netherlands

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The MSc in Economic Policy deals with complex societal issues, with a focus on the role of government policies, ranging from the organisation of care and the provision of social insurance to policies of sustainable growth. Read more

Economic Policy

The MSc in Economic Policy deals with complex societal issues, with a focus on the role of government policies, ranging from the organisation of care and the provision of social insurance to policies of sustainable growth. You will learn to apply modern economics to questions relating to labour market reform, inequality, the future of education and health care, energy transition and sustainable economic growth.
You will take courses that combine economic theory with socio-economic policy-making in a small group of students representing diverse academic and cultural backgrounds. This diversity helps to create a learning environment that encourages intense discussion and interaction.

Characteristics:
*Analyse topical issues in depth
In order to prepare you fully for the job market, you will explore important topics such as the key concepts of public finance, active labour market policies and sustainable economic growth.

*Pay special attention to questions around sustainable growth and development in public policy
One of the main challenges for the future is how to make the transition to sustainability, not only in terms of use of natural resources, but also with respect to the institutional framework of society, e.g. the tax-and-transfer system and the issue of sustainable finance. The insights of behavioural economics are used to improve public policy decision-making.

*Be part of a small, international community
The high staff-to-student ratio in tutorials encourages close interaction between you, your peers, and your professors and lecturers in this highly international programme.

*Learn from active and experienced professionals
Our tutors and academics have significant professional experience as researchers, advisors and consultants.

"The initial core modules are challenging, but covered important economic theories and techniques. This is built on with constant reference to real-world situations and implications throughout the year, making it all the more engaging. The teaching staff, who are open and extremely proficient in English, have extensive professional experience. Courses didn't just cover economic measurement and analysis, but also policy design, implementation and review."-John Appleton (MSc graduate United Kingdom)

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Bridging the gap between theory and practice – and applying them to the design of sound, feasible policies – can provide the key to solving micro, meso and macroeconomic issues. Read more

Master's specialisation in Economics, Behaviour and Policy

Bridging the gap between theory and practice – and applying them to the design of sound, feasible policies – can provide the key to solving micro, meso and macroeconomic issues.
How do policy makers make decisions that affect economic, societal and personal welfare? How is welfare defined and measured? And how can we design more effective policies? This specialisation covers not only econometric questions, but also psychological, cultural, legal and philosophical ones. By improving your insight into complex issues, it will prepare you for designing successful strategies in your future career as a policy maker or consultant .
Our graduates are experts in economic policies who work for government and semi-government organisations, and also as consultants in business and industry. You can do the same. By examining real-world scenarios, you’ll acquire the analytical skills you need to take research results and apply them to a wide variety of problems.

See the website http://www.ru.nl/masters/ep

Why study Economics, Behaviour and Policy at Radboud University?

- You’ll tackle economic and policy issues at all levels – focusing mostly on the real economy.
- You’ll combine learning with research: your lecturers are researchers who incorporate the latest findings into their teaching. As a student, you’ll also do research.
- You’ll interact with your professors in small seminar groups.
- By taking our ‘Economics Plus’ package, you’ll combine ‘standard’ economics with disciplines such as psychology and sociology. This will give you the knowledge you need to tackle policy issues in today’s globalised world.

Change perspective

You’ll gain a strong theoretical background in both mainstream and heterodox (i.e. non-mainstream) economic theories, augmented by methods derived from disciplines that include psychology and sociology. There’s good reason for this broad approach: if an economic problem seems intractable, you may need to change your perspective. We also examine the policy relevance of theoretical insights and give you the tools you need to design policies that will make a difference to people’s lives.

Admission requirements for international students

1. A Bachelor's degree in Economics – or a closely-related discipline – from a research-oriented university, with sufficient background in Research Methods and Mathematics (and Economics if you took a different degree).

2. Proficiency in English
In order to take part in this programme, you must be fluent in both written and spoken English. Non-native speakers of English need one of qualifications below. Please note that certificates must have been awarded in the past two years, and that no other certificates are accepted:
- A TOEFL (iBT) Certificate with a minimum overall score of 90 and no subscore not less than 18, or
- IELTS Academic Certificate: a minimum overall score of 6.5 less than 6.0, or
- A Cambridge Certificate of Advanced English (CAE) with a minimum score of C, or
- A Cambridge Certificate of Proficiency in English (CPE) with a minimum score of C.

3. A letter of motivation (max. 2 pages)
Please explain why you want to follow this programme and why you think you should be part of this programme.

Career prospects

This programme will provide you with a toolbox filled with the skills and knowledge needed to tackle a whole array of economic problems. Besides issues at the micro and macroeconomic level, graduates learn to deal with issues at the meso level, for example, how to stimulate innovation.
Our graduates devise policies and learn to analyse critically which solutions are most likely to work in a specific economic and social context. They regularly find employment as policy makers for government and semi-government organisations, in ministries, national banks, NGOs, think tanks, the UN and the EU , as well as national and international labour organisations. But your career prospects are much broader than that. You could for example, work as a consultant in industry or as a lobbyist.

Our approach to this field

By giving you a strong theoretical grounding in a broad range of current economic theories – both mainstream and heterodox –this programme will show you not just what is happening, but also why and how. To ensure that it is always relevant, we update the content every year.

Our main aim is to unravel the diversity – and the complexity – of economic issues, and thus clarify the role of economics in society. At the micro level, we might look at, for example, policies for reducing traffic jams or encouraging citizens to opt for more sustainable ways of living. At the meso level, we might examine policies intended to determine which companies should be supported – those that are struggling or those that are successful? – and how companies can be encouraged to innovate. And at the macro level, we might try to determine whether government policies should respond to financial crises through austerity or through investment.

Lectures are devoted to detailed discussions of a wide range of real-world scenarios. As an active participant, you’ll join in debates with your lecturers and your fellow students, and sometimes with experts from the field. One module – Technology & Innovation Policy – is taught by an emeritus professor and two business leaders. Guest speakers are drawn from varied backgrounds, such as a recent speaker from the Dutch Ministry of Finance, who discussed financial illiteracy. Activities such as these all exemplify the kinds of concerns – economic and otherwise – you’ll be likely to encounter as a policy maker.

See the website http://www.ru.nl/masters/ep

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'Public Policy' (formerly. Socio-Economic Policy) is one of the specialized tracks of the Master's program in Economics. The track focuses on how governments can achieve their domestic policy objectives, design effective policies, and finance their activities. Read more
'Public Policy' (formerly: Socio-Economic Policy) is one of the specialized tracks of the Master's program in Economics. The track focuses on how governments can achieve their domestic policy objectives, design effective policies, and finance their activities.

Tilburg University is ranked #11 worldwide in Business and Economics (Times Higher Education, 2016).

Important domestic public policy objectives range from reduced income inequality and job security, to an affordable health care and pension system. Effective public policy requires the balancing of public services provision and individual incentives to makes use of these services. In this track you study how public policies and tax schemes can be designed to create the right incentives and nudges and make societal goals within reach.

Career perspectives

This track is advised to you if you wish to pursue a career as policy advisor in national governments (Ministry of Social Affairs, or other Ministries) or in international organizations such as the EU, as a researcher in applied research institutes (e.g., Netherlands Bureau of Economic Research (CPB)), or as a consultant with nationally or internationally oriented consultancy firms.

Examples of functions of recent graduates of this track:
•Data-Analyst at the Municipality of Amsterdam
•Statistical Researcher labor and mobility at Centraal Bureau voor de Statistiek
•Policy advisor Decentralisations at the Municipality of Culemborg
•Policy Advisor at the Ministry of Finance
•Doctoral Student at the University of Oxford
•Junior Pensions Specialist at Syntrus Achmea
•Economic Adviser at VÖB Bundesverband Öffentlicher Banken Deutschlands
•Policy Advisor at Ministry of Economic Affairs
•Consumer Finance Associate at De Lage Landen
•Policy Advisor at Ministry of Social Affairs and Employment
•Statistical Analyst at De Nederlandsche Bank
•Market Mitigation and Analysis at NYISO

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'Competition and Regulation' is one of the specialized tracks on the Master's program in Economics. Tilburg University is ranked #11 worldwide in Business and Economics (Times Higher Education, 2016. Read more
'Competition and Regulation' is one of the specialized tracks on the Master's program in Economics.

Tilburg University is ranked #11 worldwide in Business and Economics (Times Higher Education, 2016.

A specialized track about the tension between competition and regulation:
Fair competition is essential for the functioning of markets. Consumers can make better decisions if they are well informed about prices, service conditions, and product quality. Firms will be able to exploit their competencies if they are operating at a level playing field.

At the same time, firms benefit from shielding themselves from competition of their rivals in the market. And being successful may create a monopoly position. It is this tension between competition and regulation that makes a deep analysis of markets both intellectually interesting and practically relevant for corporate strategists and policy makers.

Apply Industrial Organization and Competition Law to business strategies and regulatory policies:
In the 'Competition and Regulation' track, you will learn how to apply insights from Industrial Organization and Competition Law, to business strategies and to regulatory policies. Cases deal with, for example, the lack of competition in certain markets (electricity, telecommunication services) and the response by national governments and the European Union.

This track is closely linked to the Tilburg Law and Economics research center TiLEC.

Key courses:

•Methods: Game Theory and Industrial Organization
•Seminar Competition and Innovation
•Seminar Competition Policy
•Seminar Competition and Regulation in Network Industries

In these courses, you analyze causes of imperfect competition and identify rules and regulations that ensure fair competition while mitigating possible negative effects on productivity and technological change. You will also learn about the legal aspects, including discussion of the relevant legal concepts and laws.

Career perspectives

This track is advised to students who wish to work for competition authorities (e.g. the Dutch ACM), regulatory bodies, Ministry of Economic Affairs, large consultancy firms (PricewaterhouseCoopers), specialized economic consultancies on competition and regulation (Lexecon, Nera, Oxera), international organizations such as EU and OECD, and economic departments of large firms.

Recent graduates in this track are working as:

•Director for Economic Research at the Turkish Competition Authority
•Economist at the Dutch Authority for Consumers and Markets (ACM)
•Management Consultant at Magnitude Consulting
•Economic Adviser at Confindustria
•Corporate Credit Risk Analyst at Essent N.V.
•Junior Business Analyst at Raven Consulting
•Senior Commercial Strategy Analyst at LAN Airlines
•Economic Analyst at Bulgarian Photovoltaic Association

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'Pensions, Aging and Retirement' is one of the specialized tracks of the Master's program in Economics. Tilburg University is ranked #11 worldwide in Business and Economics (Times Higher Education, 2016). Read more
'Pensions, Aging and Retirement' is one of the specialized tracks of the Master's program in Economics.

Tilburg University is ranked #11 worldwide in Business and Economics (Times Higher Education, 2016).

Understand the economic aspects of pensions, aging and retirement:
Aging populations increasingly raise economic and policy questions on a firm and national level for every developed country - creating an urgent demand for professionals with the expertise to offer informed solutions.
The track 'Pensions, Aging and Retirement' will bring you a scientific understanding of the various aspects of aging.

Create solutions for financial institutions and government policy:
You will learn how economic theories and models can be applied to create solutions for financial institutions and government policy. The track is closely linked to research institute Netspar which is a renowned institute involved in the development of financial products and facilities for the ‘old age’ European citizens.

Career perspectives

This track offers you a qualification that leads to a host of different career options in the public and private sector as well as academia, thanks to the growing demand for specialists with in-depth knowledge of the issues pertaining to aging societies.

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Tilburg University's Master’s in Economics program equips you with the tools needed to understand and manage the complex problems facing companies and governments in the modern economy. Read more
Tilburg University's Master’s in Economics program equips you with the tools needed to understand and manage the complex problems facing companies and governments in the modern economy.
What defines the modern economy? Increasingly integrated and turbulent markets, opening up unprecedented opportunities for firms as well greater risks. With your deep understanding of how markets function, when they fail, and the implications of this for market participants, you will be optimally prepared to help organizations and governments seize the opportunities available in the global economy while avoiding potential market pitfalls.

Tilburg University is ranked as #11 worldwide in Business and Economics (Times Higher Education, 2016). With its excellent quality and relatively low tuition fee, the program at Tilburg University is an excellent choice for those wanting to develop the skills, knowledge and attitude for a professional economic analyst.

The program is unique in its kind due to its flexible curriculum. Students can compose their own personalized curriculum by selecting courses from 13 different seminars and 5 methods courses. By selecting specific courses, they also have the opportunity to compose one of the specialized tracks:
-Competition and Regulation
-Public Policy
-Sustainability and Growth
-Pensions Aging and Retirement
-Money Banking and Financial Institutions
-Behavioral Economics.

Future jobs

Because of the excellent reputation of the Tilburg University Economics Department in both teaching and research, your Master's in Economics qualification gives you a competitive advantage in any career that requires sound economic knowledge, strong economic intuition, and sharp analytical and problem-solving skills.

Your degree will be an excellent launch pad for a career as consultant, analyst or policy advisor. Possible job opportunities include positions in:
•International companies
•Banks
•Management Consulting firms
•Research agencies
•Public sector
•Non-profit sector

Are you passionate about sharing your knowledge with others? After finishing your Master in Economics, Dutch graduates have the possibility to follow a one-year educational post-Master to become a teacher in General Economics.

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'Behavioral Economics' is one of the specialized tracks of the Master's program in Economics. Tilburg University is ranked #11 worldwide in Business and Economics (Times Higher Education, 2016). Read more

Master's specialization in Behavioral Economics

'Behavioral Economics' is one of the specialized tracks of the Master's program in Economics.

Tilburg University is ranked #11 worldwide in Business and Economics (Times Higher Education, 2016).

Address economic questions around behavior and behavioral change

Many economic questions ultimately revolve around behavior and behavioral change.
•How to encourage households to waste less food?
•How to prevent fraud in organizations?
•How to stimulate employees to cooperate efficiently?
•How to foster trust in online markets?

The track ‘Behavioral Economics’ will provide you with the knowledge and skills to effectively address such questions.

Integrate insights from economics and psychology

The specialization track integrates insights from economics and psychology. It builds on the principle that policy advice should be evidence-based and cannot rely on theory alone. The starting point is that individuals are not rational self-interested maximizers but that human behavior is based on a bounded capacity to process information and on preferences that include a regard for such social norms as fairness and reciprocity.

Learn how to affect behavior by policies and strategies

In recent years it has become increasingly clear to firms, organizations, and governments that policies and strategies should take account of both the economics and the psychology of behavior. There is an urgent need for economists who have been trained to take a broader view, who have a profound knowledge of all relevant aspects of behavior and the ways it can be affected by policies and strategies.

Key courses:

•Seminar Economics and Psychology of Risk and Time
•Seminar Economics and Psychology of Social Norms and Strategic Behavior
•Methods course Experiments and Surveys

Career perspectives

This track is recommended to students who want to work in consultancy, policy advice and project management. The insights from behavioral economics are in high demand at financial institutions, insurance companies, multinational enterprises, as well as in regional and national government.

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