Today's economists face globally competitive and increasingly complex environments. Universität Hamburg's "Master of Science in Economics" (MSc) programme responds effectively to these developments. It provides thorough and rigorous training in modern economic theories and techniques. It attaches great importance to quantitative skills and emphasises state-of-the-art methods of empirical research. It encourages applied work and relates it to policy. The acquired tools and research skills prepare students for real-world economic situations and challenges. The programme is taught completely in English. It provides sound training in best practice methods of mainstream economics. Opportunities for optional in-depth studies in areas of personal interest initiate a gradual transition to independent research. The programme is designed for careers in higher education, research or consultancy on both national and international levels.
The regular two-year version of the programme is structured as follows: 1. Three research-oriented core courses in the first semester (Advanced Microeconomics, Advanced Macroeconomics, and Advanced Econometrics). 2. Five optional courses in theoretical and applied economics in the second and third semester, respectively. Likely options are Business Cycle Theory, Economic Growth, Forecasting, International Economics, DSGE Modelling, Financial Economics, Real Option Theory, Public Choice, Political Economy, Public Finance, Game Theory, History of Economic Thought. 3. Research training through a Master's thesis in the fourth semester
Students with a four-year Bachelor's degree, i.e. a primary degree of 240 ECTS credit points, can shorten the programme to one year subject to approval from the programme director. Part-time study is also possible.