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Economics | Master

Image: Thomas Uhde

The master’s degree program in economics at the University of Potsdam focuses in particular on evidence-based micro- and macroeconomic research and quantitatively oriented economic policy.

DegreeMaster of Science
Standard period of study4 semesters
Credit points120
Language of instructionGerman & English
Start of study (1st semester)Summer or winter semester

Program Content

The master's degree program in economics at the University of Potsdam offers the opportunity to further develop the knowledge and skills gained in a bachelor's program in economics by pursuing your own research interests. This program prepares you to recognize economic connections on the basis of general micro- and macroeconomic theories, to evaluate them in a quantitative manner, and to develop, on your own, well-founded economic policy recommendations.

You can select the modules you want to take in a flexible way that builds on the knowledge gained in the mandatory core courses that everyone has to complete. The University of Potsdam thereby offers you the opportunity to align the content of your studies with your own interests. Modules on the following topics, among others, are on offer:

  • Political Economic
  • Urban and Regional Economics
  • Growth and Distribution
  • International Political Economics
  • Development Economics
  • Public Policy Evaluation

Course Objective and Future Career Options

 The objective of the master's program is to qualify you for positions in national and international organizations, institutions and companies. You will acquire competence in economics and master empirical methods that are in demand in many fields. There is major demand, for example, for economics experts at universities and research institutions, state institutions such as federal and state ministries, associations, insurance companies and banks, the education sector, and last but not least in journalism and the media. Furthermore, your master's degree will serve as a launching platform for your academic career, with participation in graduate programs counting towards the completion of a Ph.D. in economics.

Prerequisites for Admission to the Master’s Program

One prerequisite for master's studies is an academic degree, typically a bachelor's degree in economics or business administration. Applications with degrees from similar subjects is possible in principle as long as you acquired basic knowledge of economics. You must have well-grounded knowledge of statistics, econometrics and mathematics from your first degree.

 You need very good English skills (C1 level of the Common European Framework of Reference) for master's studies because a large part of your coursework will be done in English. Applicants whose native language is not German must demonstrate sufficient German language proficiency corresponding to the level of the DSH 2.

You can read more about the subject-specific admission requirements in the respective Admission Regulations.

Program Structure

In the four-semester master’s program, you earn a total of 120 credit points, consisting of the following modules and your master’s thesis: For additional information, please consult the subject-specific Degree Regulations or the Departmental Advisory Office.



Credit points

A. Core
All modules must be completed.
27 CP
  • Advanced Microeconomics
  • Advanced Macroeconomics
  • Advanced Microeconometrics
B. Specialization
Four in-depth modules of 12 CP each must be completed.
48 CP
  • Political Economics
  • Urban and Regional Economics
  • Growth and Distribution
  • International Political Economics
  • Development Economics
  • Public Policy Evaluation
  • Applied Microeconomics

C. Electives
Students must complete 24 credit points of elective modules. Previously completed modules or courses cannot be taken again.
24 CP
One additional module or two additional modules (not yet completed) from the specialization list (B above), 12 CP each, and/or the following modules of 6 CP each:

  • Economic Studies I
  • Economic Studies II
  • Advanced Course in Economics I
  • Advanced Course in Economics II
  • Cross Disciplinary Studies
D. Master’s Thesis and Research Colloquium21 CP

Research Colloquium

Master's Thesis

3 CP

18 CP

Total120  CP



Prof. Dr. Marco Caliendo | Chairperson of the Examining Board


Campus Babelsberg | Building 1, room 3.07

Advantages at a Glance

The University of Potsdam offers the opportunity to actively participate in research colloquia and seminars, and to become part of international research networks in which international universities and institutions are also involved.

In addition to the content of the economics master’s degree program, there are many further reasons to study economics in Potsdam. First, the University of Potsdam offers very favorable staff-to-student ratios; second, the University’s location opens up a great many opportunities for you. You could also take advantage of the libraries and course offerings of Berlin’s three universities. On the other hand, the location offers a wide range of internships and job opportunities in the field of economics, whether in the state capital of Potsdam or the federal capital of Berlin.

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 Remote Sensing, geoInformation and Visualization 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 Remote Sensing, geoInformation and Visualization 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.



Prof. Dr. Marco Caliendo | Chairperson of the Examining Board


Campus Babelsberg | Building 1, room 3.07

This description is based in part on information from the subject-specific regulations for a master’s degree in Economics the University of Potsdam dated December 11, 2013.