The Master Programme in Economics provides you with a solid basis in economic theory, statistics and econometrics. It gives you proficiency in analysing empirical data and evaluating public policy. The Department of Economics at Uppsala University is, by international standards, very strong in macroeconomics, public economics, labour economics and applied microeconometrics.
Why this programme?
This programme is consistently ranked as one of the top programmes in economics in Sweden. Our students come from all over the world and are trained to become professional economic analysts.
We focus on understanding and evaluating economic policy, providing you with state of the art training in analysing real world data. The programme is designed to help you achieve the skills needed in your future careers. You will have ample opportunities to specialise in different fields, including public, labour, macro, political economics and more.
During the programme you can expect to:
be a part of one of the top economics programmes in Sweden
collaborate with and visit potential employers such as ministries, research institutes, banks and other organidations
be close to very strong research in public economics, labour economics, macroeconomics and applied microeconometrics
There are also good opportunities to study abroad within the programme. This is primarily made possible by the fact that the programme contains no compulsory courses apart from the final Master's thesis. Students may choose to study abroad through one of the university-level collaborations organised by the International Office.
Student profile You have a studied economics for at least a year and also taken some courses in statistics. You are now looking for an education that gives you a strong theoretical foundation as well as tools and practical experience of applying your skills in different areas.
You are extremely motivated and have confidence in your own ability and knowledge. You have a naturally analytical attitude and are both able and willing to express your thoughts. You expect to contribute as much to the educational experience of others as you expect to learn from their previous experiences and knowledge.
A future PhD education is a possibility you might have thought about and you would value an opportunity to get in closer contact with current research. You also know that experts in economics are in high demand in many areas so starting to work right after graduation is also something you are considering.
The programme leads to a Master of Social Science (120 credits) with Economics as the main field of study.
The standard outline of the programme is as follows:
Semester 1: Micro and macro theory and analytical methods.
Semester 2: Statistics and Econometrics
Semester 3: Optional advanced courses
Semester 4: Master's thesis
The standard outline can be customised to suit students with different prior knowledge and needs.
Courses within the programme
Semester 1 You start the first semester with standard courses in micro and macro theory and analytical methods. Each course consists of 7.5 credits. During the first part of the semester, the courses to be taken in parallel are Microeconomic Theory and Analytical Methods.. Microeconomic Theory is an advanced micro course which gives you 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 you with the necessary mathematical background for more advanced studies in microeconomics and econometrics. The second part will introduce you to the basic game theoretical concepts.
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.
Semester 2 The second semester is devoted to courses in statistics, econometric theory and applied econometrics. Each course amounts to 7.5 credits.
Semester 3 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 offers the following elective courses: Financial Theory, Applied Macroeconomics, Topics in Applied Microeconomics, Health Economics, Political Economics and Labour Economics.
Semester 4 The fourth semester is devoted to the writing of a Master's thesis amounting to 30 credits.
The education is given on a scientific basis and is anchored in research. At the beginning of the programme, the content is mostly taught through ordinary lectures. Further into the programme, the proportion of more interactive seminars increases.
You will gradually acquire professionally relevant and research-based knowledge and skills. The progression in the Master Programme in Economics aims at gradually developing a higher degree of intellectual maturity and greater insights into the more complex issues within the subject. This, together with training in independently formulating and solving problems will prepare you for the Master's thesis.
The Master Programme in Economics presupposes that you already have taken methodology courses covering basic quantitative methods. The Master's thesis course requires knowledge of quantitative skills at the advanced level.
The programme is offered in Uppsala and the language of instruction is English.
The Master Programme in Economics makes you well prepared for highly qualified analytical and investigational work at public authorities and in the public administration, at research institutes, banks and other financial firms, Swedish and international organisations, large firms etc. It also provides the prerequisites for applying to the PhD programme in Economics.
Our graduates work in public and private sector in Sweden and abroad at, for example, Nordea, Quantify Research, the Swedish Tax Agency, Practical Action (UK). Job titles include Project Manager, Lead Analyst and Analyst.
Career support When you are about to finish your studies and want to start planning for your next step in life, you are welcome to UU Careers for support and guidance. You are also welcome to a variety of career activities and events all through your stay at Uppsala University. Of course, the services are free of charge. Read more about UU Careers.
Requirements: Academic requirements A Bachelor's degree, equivalent to a Swedish Kandidatexamen, from an internationally recognised university. Also required is 60 credits in economics and 15 credits in statistics (or closely related subject).
Language requirements All applicants need to verify English language proficiency that corresponds to English studies at upper secondary (high school) level in Sweden ("English 6"). This can be done in a number of ways, including through an internationally recognised test such as TOEFL or IELTS, or through previous upper secondary (high school) or university studies. The minimum test scores are:
IELTS: an overall mark of 6.5 and no section below 5.5
TOEFL: Paper-based: Score of 4.5 (scale 1–6) in written test and a total score of 575. Internet-based: Score of 20 (scale 0–30) in written test and a total score of 90
Students are selected based on a total appraisal of quantity and quality of previous university studies, particularly in economics and statistics.
If you are not a citizen of a European Union (EU) or European Economic Area (EEA) country, or Switzerland, you are required to pay application and tuition fees. Fees cover application and tuition only and do not cover accommodation, academic literature or the general cost of living. Read more about fees.