Master Economics  


The M.Sc. Economics is a part of the economic studies structure at the Faculty of Economics and Business Administration of the University of Leipzig which runs from bachelor through to doctoral level. The program takes four semesters and comprises compulsory core modules, elective core modules, elective modules and a master's thesis. A semester of foreign study as part of the masters program is possible.

The curriculum consists of 120 credits. In the first two semesters students develop a thorough analytical knowledge of the main areas of economic studies. In the following semesters students are able to further develop their studies on a specific area of focus (e.g. “Applied Econometrics”, “Development Economics”, “Environment and Sustainability”, “Money, Credit and Banking” and “Economic Policy”). In addition to their main academic studies, students pursue training courses aimed to improve their research technique and presentation skills.

All obligatory courses as well as a wide range of courses from the different possible specializations are offered in English (see below).

The M.Sc. program is oriented towards both research and practical study. Based on a solid methodical grounding, the research elements and taught modules consider politically relevant issues on a national and international scale. The compulsory core modules focus on the main areas of international economics and economic policy. Knowledge of these areas is then deepened through the completion of elective modules. Gottfried Wilhelm Leibniz's principle of “Theory and Praxis” is of great importance to the faculty. In that respect, students are encouraged to undertake their own research project assisted by a member of the faculty as part of an elective module.

Recommended Course Schedule

Semester10 Credits10 Credits10 Credits
1st semester

Advanced Statistics
and Econometrics
2nd semester


Finanzpolitik I
Geld- und Währung
International Economic Policy
Elective Module

(2 out of 4)
3rd semester

Elective Module / Study Abroad
4th semester

Master ThesisElective Module
Compulsory Core Module
Elective Core Module

Elective Modules

Each module covers 10 credit points, unless stated otherwise

  • Angewandte Probleme der Volkswirtschaftslehre 1 (5 Credits)
  • Angewandte Probleme der Volkswirtschaftslehre 2
  • Ausgewählte Probleme der monetären Ökonomik
  • Development of Financial Markets and Institutions
  • Economic Development: Theory and Policy
  • European Integration (5 Credits)
  • Evolutorische Ökonomik
  • Finanzpolitik I
  • Finanzpolitik II
  • Forschungspraktikum
  • Geld- und Währungspolitik
  • Growth and Development
  • Institutionenökonomik
  • International Economic Policy
  • Internationale Politik und Wirtschaft
  • Microeconometrics
  • Multivariate Statistik und Data Mining
  • Public Management and Public Governance
  • Quantitative Economics of Education (5 Credits)
  • Quantitative Economic History (5 Credits)
  • Seminar: Ökonometrie (5 Credits)
  • Theorien der Finanzintermediation
  • Time Series Analysis for Macroeconomics and Finance
  • Umweltökonomik und Umweltpolitik
  • Wirtschaftstheoretisches Seminar: Mikroökonomik
  • Wirtschaftstheoretisches Seminar: Makroökonomik (5 Credits)
  • Wirtschaftspolitisches Seminar (5 Credits)
  • Zeitreihenanalyse

  • Up to 30 Credit Points are possible in Elective Modules from any university faculty. Please consult the Studienbüro of the Wifa-faculty for a list of up-to-date elective modules
  • Every Business Economics master module is elective

last update: 18.05.2017