Program Goals and Structure

Program Goals

After completing the Master’s Degree Program in Economics, graduates will have a detailed knowledge of the complex theories and methods related to this subject and will be able to apply them to current political and social issues. Based on the studied methods and theories they will be able to answer questions related to sustainability and future studies. Their studies will enables them to advance the theoretical foundations and methods of modern economics.

“(1) The Master‘s Degree Program in Economics imparts competences needed for describing, explaining and assessing economic processes both on an individual and social level. The objective of the research-based course is to acquaint students with theories, approaches, and methods of modern economic research, enable them to critically reflect research, and carry out independent research projects. 

(2) Graduates of the research-based Master’s program will have an extensive knowledge about theories and methods applied in modern economics. Due to their strong analytical skills they will be able to assess complex social and political processes from an economic perspective as well as identify possibilities how to design and structure such processes. Graduates of the Master’s Degree Program in Economics are also able to develop solutions to problem as a team, independently acquire the knowledge they still lack, take informed decisions and substantiate them convincingly.” 

(Extract from Specific Course and Examination Regulations for the Degree Program Master of Science in Economics at the University of Potsdam, as of 11 December 2013)

Future Career Options

The aim of the Master’s program is to qualify you for positions in national and international organizations, institutions, and companies. You will acquire professional competence in economics and are able to use empirical methods, which are sought after in many branches. There is a high demand for experts with these skills at universities, research and public institutions, e.g. national and federal ministries, associations, insurance companies and banks as well as in education and training and also in the media branch and in journalism. The Master’s degree is the first step towards an academic career. It allows you to participate in post-graduate programs for a Ph.D. in Economics.

Course Structure

At the University of Potsdam, the consecutive Master’s Program in Economics is a one-subject degree program with a standard time of four semesters to complete the course (full-time study) and 120 credit points. It includes lectures in English and German and consists of the following subjects and modules: 

A. Basic Studies (27 credit points)

You have to attend all modules.

  • Advanced Microeconomics (9 credit points)
  • Advanced Macroeconomics (9 credit points)
  • Advanced Microeconometrics (9 credit points)


B. Area of Specialization (48 credit points)

You have to attend four modules for advanced specialization: 

  • Political Economics (12 credit points)
  • Urban and Regional Economics (12 credit points)
  • Growth and Distribution (12 credit points)
  • International Political Economics (12 credit points)
  • Development Economics (12 credit points)
  • Public Policy Evaluation (12 credit points)
  • Applied Microeconomics (12 credit points)


C. Required Electives (24 credit points)

(Students have to attend modules with a total of 24 credit points. You may not attend modules or lectures that you have already completed.) 

One or two other modules from the specialization area B with 12 credit points each that you have not yet completed and/or the following modules with 6 credit points each: 

  • Economic Studies I (6 credit points)
  • Economic Studies II (6 credit points)
  • Advanced Course in Economics I (6 credit points)
  • Advanced Course in Economics II (6 credit points)
  • Cross-Disciplinary Studies (6 credit points)


D. Research Colloquium and Master‘s Thesis (21 credit points) 

  • Research Colloquium (3 credit points)
  • Master‘s Thesis (18 credit points)


Further Information

Do you have any further questions regarding the Master’s Degree Program in Economics at the University of Potsdam? You will find additional information about the modules in the Specific Course and Examination Regulations (as of 11 December 2013) of the University of Potsdam and the Module Handbook. It includes exemplary study plans.

Furthermore, you should be acquainted with the so-called BAMA-O, which stands for General Course and Examination Regulations for Non-Teaching-Oriented Bachelor’s and Master’s Degree Programs at the University of Potsdam. It includes regulations that are relevant for all aspects of your studies. Among other things, you will find information about disadvantage compensation, repeating examinations, important stipulations regarding Master’s thesis and recognition of achievements.