Economics is about utilisation of resources – whether it concerns natural resources, the labour force, production equipment or technological know-how. In studies of economics you will learn how the economy works, both at the microeconomic and the macroeconomic level.

We analyse the effects of fiscal and monetary policies on factors like unemployment, inflation and the exchange rate. Other topics include the optimal combination of labour and capital to minimize production costs, the understanding of why some countries remain poor, and the impact of trade unions on labour markets.

The study of economics has a strong applied focus, with the use of statistical tools to analyse large datasets. The theoretical and methodological knowledge of economists make them suitable for jobs in both the public and the private sector. A recent survey among employers of former students shows that we educate attractive candidates for the labour market.

The Department of Economics offers six different programmes of study:

• Bachelor of Economics (3 years)
• One-year Programme in Economics
• Integrated Master's Degree in Economics (5 years)
• Master's Degree in Economics (2 years)
• Master's Degree in Financial Economics (2 years)
• PhD in Economics (3 years)