Economic Policy & Quantitative Methods

Subjects: Economics

M.Sc. | Master of Science

Course description

The Master's program in Economic Policy and Quantitative Methods tackles pressing economic and socio-political issues. These include labor markets, inequality, human behavior, economic growth, and environmental and climate concerns. You'll explore economic policy tools used in these areas. Our program covers a wide range of economic fields. You'll delve into labor, health, education, and gender economics. You'll also study climate, environmental, and urban economics, as well as behavioral and entrepreneurial economics, and growth and distribution. This program equips you with the expertise and skills needed for economic analysis of policy instruments, crucial for evidence-based policymaking. We emphasize both theoretical economics and quantitative empirical analysis methods. These methods apply to economic policy issues at local, regional, national, and international levels. Most courses include practical units where you'll learn to use econometric and statistical software like Stata, R, Matlab, Dynare, and Julia. You'll perform empirical analyses and apply numerical methods. You'll work with real data sets, such as the Socio-Economic Panel (SOEP), and conduct independent analyses. Mastering these tools will enable you to write master's theses with real quantitative research results. The program also includes an internship module, allowing you to combine theoretical knowledge with practical experience in economic

Application Requirements

Language Requirements

Certificate of the general university entrance qualification or a restricted entrance qualification for a university of applied sciences with English as the first foreign language or a university entrance qualification with confirmation of level B2 UNIcert® II, III or IV certificate TOEFL® Internet-Based Test (iBT) or TOEFL iBT Home Edition with at least 75 points Cambridge English B2 First (FCE) with at least 160 points IELTS or IELTS Online with at least 6.0 points in every test component Proof of completion of a program of study at a recognized university with English as the sole language of instruction or with English as a subject in the main or minor field, as a subject in teacher training, or within a comparable combination of subjects. Suitable certificates or documents to prove an English-language program of study include the degree certificate, a transcript of records, a diploma supplement, regulations concerning access to and conduct of studies, or comparable evidence. Certificate of the higher education entrance qualification obtained for an Englishlanguage course of education in a country that has English as an official language Pearson Test of English - PTE Academic or PTE Academic Online with at least 59 points College English Test (CET; China): Band6 with at least 550 points

Qualification Requirements

The prerequisite for studying in a Master's program is generally a first professional qualification degree, e.g. a Bachelor's degree. Students should have acquired this first degree in Economics or in a related discipline. This degree must fulfill the following prerequisites: standard period of study of at least 6 semesters (comprising at least 180 credit points) at least 60 credit points in economics (including at least 18 credit points in statistics, econometrics and mathematics).