The standard track - Department of Economics

First semester

You start the first semester with core courses in micro and macro theory and analytical methods. Each course consists of 7.5 ECTS-credits. During the first part of the semester, the students take the two courses Microeconomic Theory and Analytical Methods concurrently and at half-speed . Microeconomic Theory is an advanced microeconomics course, which gives the students a more profound knowledge of consumption and production theory and general equilibrium analysis, among other things. Analytical Methods consists of two parts: mathematical analysis and game theory. The mathematical analysis aims at providing the students with the necessary background in mathematics for more advanced studies in microeconomics and econometrics. The second part will introduce the students to the basic concepts in game theory.

The courses taken during the second part of the semester are Topics in Microeconomics and Macroeconomic Theory. Topics in Microeconomics is an applied course where microeconomic theory is applied to different kinds of economic issues. The course Macroeconomic Theory gives an introduction to modern advanced macroeconomics and deals with subjects like economic growth, business cycles, consumption, investment, unemployment and macroeconomic policy.

Second semester

The second semester is devoted to courses in statistics, econometric theory and applied econometrics. Each course amounts to 7.5 ECTS-credits and the courses run sequentially at full speed.

The first two courses of this semester are Introductory Econometrics and Applied Econometrics. The first course covers basic probability theory, statistical inference and core concepts of econometrics. The second course focuses exclusively on identification issues. The students will learn to implement and critically examine applications of modern identification methods, such as difference in differences, instrumental variable methods and regression discontinuity design. The teaching consists both of ordinary lectures as well as exercises in the computer lab. Examination is based on a take home exam.

The third course is Topics in Econometrics. In this course, each student will carry out a replication study of a published economics paper. There will only be a few ordinary lectures. The teacher’s role will mainly be to act as a supervisor to the students. The aim of the course is to let the students “get their hands dirty” from working relatively independently with real data. The course also gives valuable preparation for the upcoming thesis work.

The last course of the second semester is Policy Evaluation. This course is offered in collaboration with the Institute for Evaluation of Labour Market and Education Policy (IFAU). IFAU is located next to the Department of Economics, and the formal and informal ties between the department and the institute are very strong. IFAU employs some 20 researchers in economics and many of them are also work part-time at the department. The teachers’ expertise in real world policy evaluation is very valuable to the students.

Third semester

The aim of the courses of the third semester is to broaden the knowledge attained during the first two semesters. You can choose from a number of more applied courses at the department. The department currently offers the following elective courses: Financial Theory, Applied Macroeconomics, Public Economics, Political Economics and Labour Economics. The students are also free to take courses in other subjects (e.g. political science and mathematics) during this semester.

We want our students to choose courses which maximise their chances to write an excellent thesis. Most of our own third semester courses are designed specifically for this purpose. As an example, some students have successfully used the term papers written in, say, the political economics course as embryos of the final master’s theses.

Fourth semester

The fourth semester is devoted to the final master’s thesis amounting to 30 ECTS-credits.



Master's Programme Coordinator
Contact me for information about the programme, course contents etc.

Oscar Erixson
phone: (+46)18 – 471 51 12

Study Counsellor
Contact me if you have questions concerning adminstrative issues, registration for courses etc.

Nina Andersson
phone: (+46)18 - 471 51 08

International Office
Contact us if you have general questions about studying in Uppsala, the application process, scholarships etc.

Lina Solander

Directors of Master's Programme

Per Engström
phone: (+46)18 - 4717634