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The Master in Economic Policy and Quantitative Methods (EPQM) is a four-semester English-language program that equips students with specialized knowledge in quantitative methods for evidence-based economic policy analysis. Based on a strong theoretical foundation, the program focuses on two core branches, one in economic policy and one in quantitative methods which enables students to empirically assess economic policy. Students will profit from the department’s great staff-to-student ratios, its fruitful exchange with external research institutions (DIW Berlin, PIK, MCC) and opportunities from the accompanying internship program through the Center for Economic Policy Analysis (CEPA).
| Name | Economic Policy and Quantitative Methods (EPQM) |
| Degree | Master of Science |
| Standard period of study | 4 semesters |
| Credit points | 120 |
| Language of instruction | English |
| Start of study (1st semester) | Winter semester (October) |
| Campus | Griebnitzsee |
| Application deadline | Check here |
The master’s degree program in Economic Policy and Quantitative Methods addresses current economic and socio-political topics related to labour markets, inequality, human behaviour, economic growth and sustainability and discusses instruments of economic policy to tackle these issues. An effective policy design in these areas should be based on rigorous theory and sound empirical evidence.
The program offers students the opportunity to develop specialized knowledge and skills in the economic analysis of policy instruments which are essential for evidence-based policy making. Besides a strong theoretical core in economics, the program has a particular focus on methods for quantitative empirical analysis, which can be applied to different economic policy topics at local, regional, national and international levels. Some courses also offer empirical/practical sessions in which students learn to use econometric and statistical software packages (Stata, R) to perform empirical analyses and to implement numerical methods. A command of these tools enables our students to write Master theses with genuine quantitative research results. Incorporating an internship module, the program offers the possibility to combine theoretical knowledge with practical experience in economic policy analysis and evidence-based policy making.
Graduates of the M.Sc. in EPQM are well equipped to either pursue an academic career or an ambitious professional career. Students acquire knowledge about evidence-based policy analysis that is in demand in many fields. It prepares students for successful careers as professional economists and policy analysts in research, finance, business and policy advising as well as positions in the public sector or international institutions. The Master degree also paves the way for Ph.D. studies and an academic career. Students can participate in selected Ph.D. classes already at early stages.
„This research-oriented Master program combines intensive training in quantitative methods with the acquisition of hands-on knowledge in economic policy analysis. Students also benefit from a range of courses that address current research in the field of economic policy.“
The prerequisite for studying in a Master's programme 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).
The program additionally requires proof of good proficiency in English corresponding at least to the C1 level of the Common European Framework of Reference for Languages and you should submit a letter of motivation (more information here: EPQM Motivation Letter).
You can read more about the subject-specific admission requirements in the respective Admission Regulations.
Students will earn a total of 120 credit points (CP) in four semesters:
Electives can be used to further specialize in Economic Policy/Quantitative Methods and/or for the internship/ internationalisation modules. See below for a summary of structure and potential topics. You can download an Overview of all Modulesand an Exemplary Course of Study.
For additional information on specific modules, please see the module catalogue or consult the subject-specific Degree Regulations or the Departmental Advisory Office.
„We offer our students excellent conditions in small groups with intensive support. Our teaching is close to current research and relevant economic policy issues.“
Modules | Credit points |
|---|---|
A. Basis Courses
| 27 CP |
| B. Specialization Students must complete 54 CP of Specialization Modules. Students choose 30 CP of Economic Policy Modules and 24 CP of Quantitative Methods Modules. | 54 CP |
B.1 Economic Policy Modules
| 30 CP |
B.2 Quantitative Methods Modules
| 24 CP |
| C. Electives Students must complete modules of 18 CP. The modules can be selected from the following modules and the modules from area B. Specialization. Modules that have already been completed cannot be re-occupied. A maximum of 12 CP can be acquired through an internship.
| 18 CP |
| D. Master’s Thesis and Research Colloquium | 21 CP |
Research Colloquium Master's Thesis | 3 CP 18 CP |
| Total | 120 CP |
With its proximity to national institutions of economic policy making in Berlin and regional institutions in the state capital of Brandenburg, Potsdam is a perfect location to study economic policy issues. Students will profit from:
A limited number of research assistant (RA) positions are available for talented students. Contract options range from six to 12 hours per week (monthly salary: 320 to 640 EUR).
The University of Potsdam takes into account the actual living conditions of its students and has introduced the possibility of part-time study for many degree programs. This also pertains to the Economic Policy and Quantitative Methods program. To learn more, and to find a list of subjects appropriate for Part-Time Study, please see part-time study at the University of Potsdam.
Have you decided to study the English-language master’s degree in Economic Policy and Quantitative Methods (EPQM) at the University of Potsdam? Then you should take the next step on the application pages to find out more about current application and enrollment procedures.
Examining Board Director and Head of the Program
Prof. Dr. Marco Caliendo
Phone: +49 331 977-3225
E-mail: econ-masteruni-potsdamde
Study Organization & Examination Administration Economics
Bettina Frenz
Phone: +49 331 977-3262
E-mail: econ-masteruni-potsdamde
Student Advisor Economics
Prof. Dr. Lisa Bruttel
Phone: +49 331 977-4543
E-mail: studium-vwluni-potsdamde
This description is based in part on information from the subject-specific regulations for a master’s degree in Economic Policy and Quantitative Methods at the University of Potsdam dated February 26, 2020 (AmBek No. 7/20, p. 279).