The master is designed using “backwards engineering”. The goal is for our graduates to know how markets function and to be able to analyze the data markets generate. This knowledge enables our students to advise companies, governments, organizations and other market participants on a wide range of topics. Our students write a Master’s Thesis where they show that they know the theories and models that explain markets’ outcomes and the methods to analyze the data. To be able to write their Master’s Thesis, our students take a well designed set of courses. To become a market analyst, students learn principles of Microeconomics and Macroeconomics as well as field courses for specific markets and institutions. To become an expert in economic data analysis our students learn computation, estimation, simulation, experimental and policy evaluation methods.
The academic year is divided into five blocks.
First block: preliminaries
From early September to early October students review their background knowledge.
This block lasts four weeks from mid September to mid October.
Second block: fundamentals
From October to December students build the basic toolkit of an economist.
- Quantitative Methods (Stata)
- Quantitative Methods (Time Series)
This block lasts eight weeks and ends before Christmas.
Third and fourth blocks: field subjects
From January to April students take courses to form their expertise in specific fields.
- Economic Growth and Development
- Labour Economics
- Energy Markets
- Monetary Market
- Experimental Economics
- Causal Inference for Social Sciences
- Cultural Economics
- Social Choice and Welfare
Each of these blocks lasts seven weeks.
Fifth block: master thesis
From May to July students write their Master’s Thesis.
The purpose is that students implement the skills acquired by writing an essay on a specific subject. Students are expected to show a particular interest in one of the topics. Under the supervision of a Faculty member, the student is required to write an essay containing both a theoretical and an empirical analysis of a specific economic issue.
The Master Thesis must be defended orally in late July and handed in by mid-September.
View examples of Past Master Theses.