Studying economics is an excellent preparation for a wide range of functions in business and the public sector. It gives you a thorough training in analyzing a range of economic problems. Economists can be found as financial analysts, economic consultants, human resource managers, policy advisors, researchers. They work for private banks, multinational companies, consultancy firms, governments, international organizations or research institutions.
During your studies you learn about a wide range of topics: macroeconomic relationships between inflation, unemployment and economic growth; the organization of markets and the possibility to fight cartels with regulation; economic links between countries and the spillover effects of financial crises; the organization of the labor market and the impact of for example minimum wages; financial markets and the role of banks in the economic system.
The relations between economic variables are analyzed in a rigorous way in economics. This training helps you a lot in your later career to analyze complex problems quickly in a comprehensive way. You also acquire basic quantitative skills which are indispensable at many positions in today’s society. The comparative advantage of economics relative to other studies is the combination of the training in analyzing complex problems quickly with the vast knowledge about a wide range of topics.
To be successful in jobs as described above you will be equipped both with economic theory and analytical tools. All our teaching combines Economic Theory, which provides a rigorous analytical background to address management decisions, and Applied Economics, where the use of statistical and econometric tools is central. Graduates of our program have a solid understanding of the fundamental quantitative tools from economic theory, probability, statistics, optimization and computer science. To a greater degree than at any time in the past, there is a body of knowledge that is essential for the proper analysis and management of the decisions of private businesses, but also government policy.