Master Programs in Economics Winter Semester 2019 · 2019-10-28 · Master Programs in Economics...

Master Programsin Economics

Winter Semester 2019

Last Update: October 8, 2019

1. Overview1.1 Master Programs

The program

MSc Economics

is a general economics master program with interdisciplinary structure(economics combined with pol. science, bus. admin., or sociology).

Five different specializations are offered:European Political EconomyInternational Labor Markets and InnovationInternational FinanceEuropean Social Security and Health SystemsApplied Statistics and Econometrics

2Master Programs in Economics

As a sixth variant, the double degree program

MSc Economics (European Economic Integration)

is offered (jointly with the University of Warsaw and the University ofBergamo).

The program

MA International Economics and Public Policy

is a joint master program with the department of political science.


1.2 General Profile

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duration of program: 2 years

one semester can be spent abroad (DAAD scholarship holders: DAAD‘sagreement is required)

Double degree option for the MSc Economics (in cooperation with theUniversity of Warsaw and the University of Bergamo)

language of instruction: English

preparatory course: „Mathematics for Economists“

academic mentoring

Master Programs in Economics

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The master programs are decomposed into modules.

Most modules last one semester, few modules last two semesters.

All modules have a weight of 10 credit points (CP); in German: „Leistungspunkte (LP)“.

The only exception is the master thesis (30 CP).

In total, 120 CP must be completed.

When the examination of a „10-CP-module“ is passed, the grade has a weight of 10/120 (that is, 1/12) in the overall grade of the program.

1.3 Program Structure


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Example for the calculation of the overall grade:

Module Weight Grade Weighted GradeAdvanced Microeconomics 1/12 1.0 0.08Advanced Macroeconomics 1/12 2.3 0.19Econometrics 1/12 1.7 0.14Empirical Labor Economics 1/12 1.0 0.08Monetary Policy and the EMU 1/12 4.0 0.33European Energy Markets 1/12 2.0 0.17Political Economics 1/12 2.0 0.17International Macroeconomics 1/12 1.3 0.11East Asian Politics and Govern. 1/12 1.7 0.14Master Thesis 3/12 1.7 0.43

Overall Grade: 1.84


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2. M.Sc. Economics


2.1 Overview

Modules can be interchanged between semesters (in particular between semesters 2 and 3)

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The modules of the first semester are compulsory modules:− Advanced Microeconomics− Advanced Macroeconomics− Econometrics

During the second and third semesters the students can choose amongdifferent options.

For the „module container“ Core, one of the following modules can beselected:– Incentives in Organizations and Innovation– Political Economics– Ökonomik des Wohlfahrtsstaates– Monetary Policy and the EMU– International Macroeconomics– Elements of Statistics and Econometrics


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For the „module container“ Methods, one of the following modules can beselected:– Elements of Statistics and Econometrics– Applied Microeconometrics Using Stata– Monte Carlo Simulation Methods– Applied Financial Econometrics– Multivariate Statistics– Statistical Modelling– Experimental Design– Empirical Labor Economics


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For the „module container“ Globalization and Economic Integration, oneof the following modules can be selected:– International Trade– International Environmental Economics– European Energy Markets– International Labor Markets– Health Economics– Industrial Organization

For the „module container“ Economic Analysis, one of the followingmodules can be selected:– Research Project– Advanced Topics in Economic Analysis– Quantitative Trading with R– or one of the previously listed modules that has not been chosen for

some other “module container”


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For the „module container“ Elective, any of the previously listed modulescan be selected as long as it has not been selected for some other„module container“. Also modules offered by selected other departmentscan be chosen.

Two additional modules (20 CP) can be chosen that do not count for theoverall grade but, if you want, can be listed in the diploma.

When you have completed− the three compulsory modules,− for each module container one appropriate module,− and the master thesis,you will be awarded the degree „M.Sc. Economics“.


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As pointed out before, five different specializations are offered:

European Political EconomyInternational Labor Markets and InnovationInternational FinanceEuropean Social Security and Health SystemsApplied Statistics and Econometrics

If you want your master degree with an explicit specialization (e.g., „M.Sc. Economics (International Finance)“), then for the module containersadditional restrictions must be adhered to.


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MSc Economics (European Political Economy)


2.2 Specializations

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MSc Economics (International Labor Markets and Innovation)


In addition, at least one of the following modules must be selected: Applied Microeconometrics Using STATA, International Labor Markets, Empirical Labor Economics.

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MSc Economics (International Finance)


For the „module container“ Core, one of the following two modules must beselected: Monetary Policy and the EMU, International Macroeconomics.

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MSc Economics (European Social Security and Health Systems)


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MSc Economics (Applied Statistics and Econometrics)


3. M.A. International Economics and Public Policy


4. Double Master Degree

General facts about double master option with partner university abroad First year at Universität Trier, 60 CP (=ECTS) Application for admission to double master‘s program after first semester Second year at partner university, 60 CP Master‘s thesis supervised by a professor from Trier and a professor from

partner university (Bergamo or Warsaw) Two Master‘s degrees:

Trier: M.Sc. Economics (European Economic Integration)and from partner university

Warsaw: Master in International EconomicsBergamo: Master in Economics and Data Analysis

Master Programs in Economics 19


Double Master Option Warsaw

Brief information on Warsaw (Warszawa)

With about 1.7 million inhabitants largest and most populous city of Poland

Dynamic and growing city in the midst of Europe As capital city the cultural, economic, and political center of Poland Numerous sightseeing options Old town – UNESCO world cultural heritage Department of Economics at University of Warsaw ranked first in

Economics in Poland (RepEc-Ranking)


Course schedule


First year in Trier Advanced MicroeconomicsAdvanced MacroeconomicsEconometricsInternational TradeOne module each from „Methods“ and „Core“

Second year in Warsaw International Trade PolicyInternational Economic GeographyInternational FinanceElective2 modules from the following options: International Monetary Policy, Theory of Economic Integration, Economics Transition, International Marketing

Master‘s Thesis

Double Master Option Bergamo (Università degli Studi di Bergamo)


Brief information on Bergamo

With around 119,000 citizens an important regional center of Lombardy in the North of Italy

Only 50 km away from Milan, situated at the border between the Alps andPadan Plain, with own airport close to the city (flight connections via Hahn and Luxembourg)

Wonderful medieval old town, lying on a hill Numerous sightseeing options, e.g. complete Venetian city wall and

fortifications university ranked in the top half of 39 Italian universities listed in the

Times Higher Education Ranking


Course schedule


First year in Trier Advanced MicroeconomicsAdvanced MacroeconomicsEconometricsInternational TradeOne module each from „Methods“ and „Core“

Second year in Bergamo Markets and Companies LawEmpirical Methods in Impact EvaluationEconomic Policy and International Institutions

One module from Empirical Labour Economics, Industrial Organization- Applied MicroeconomicsMachine Learning for EconomicsEmpirical Industrial DynamicsMaster‘s Thesis

Language Courses

English is language of instruction both in Trier and at partner universities For daily life during year abroad, some knowledge of national language

highly recommended Both Beginner‘s Polish and Beginner‘s Italian are offered at Universität

Trier, partner universities also offer intensive language courses during thesummer


5. Modules On Offer

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Modules offered in WS19/20 Advanced Microeconomics (incl. Mathematics for Economists) Advanced Macroeconomics Econometrics Political Economics Industrial Organization Health Economics (in German) European Energy Markets (first part, second part in SS20) Empirical Labor Economics Monte Carlo Simulation Methods Statistical Programming with R Elements of Statistics and Econometrics …Remark: Participation in these courses does not require an upfront registrationvia the computer system PORTA.


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Modules offered in SS20 (current planning)

International Trade Incentives in Organizations and Innovation Ökonomik des Wohlfahrtsstaates (in German) International Macroeconomics Applied Financial Econometrics Monetary Policy and the EMU Applied Microeconometrics Using STATA European Energy Markets (second part) International Environmental Economics (first part, second part in WS20/21) Statistical Modeling Introduction to Bayesian Statistics Small Area Estimation ….


6. Support

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Each student has a professor as academic mentor. The mentoring relationship lasts throughout the entire course of the master

program. The mentor‘s main task is to help the students with their academic planning. However, the mentor can also be contacted in case of serious other problems

or worries. Foreign students should first contact Ms. Alena Shumskikh

([email protected])


mailto:[email protected]

7. Further Informationen

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Detailed up-to-date information you find at the homepage of the Economics-Master-Programs:

http://www.msc-econ.uni-trier.de


Master Programs in Economics Winter Semester 2019 · 2019-10-28 · Master Programs in Economics...

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