The Master's programme in International Economics starts with four modules that deepen your knowledge of economics and enable you to independently analyse global economic contexts.

• Advanced Microeconomics: Develop the capability to formalise the decision-making processes of individual actors and their strategic interactions, enabling you to comprehend and develop new economic models.


• Macroeconomics of Open Economies: Enhance your comprehension of macroeconomic issues in open economies, including the determinants of growth, inflation, business cycles, and capital flows.


• International Trade: Acquire an overview of the main theoretical concepts explaining international trade and learn to evaluate the implications of various trade policies, such as tariffs and subsidies.


• Econometrics: This course will empower you to address empirical research problems within the framework of the linear regression model, encompassing model specification and selection, estimation, inference, and the identification of heteroskedasticity and autocorrelation.

This block gives you the opportunity to give yourself an independent profile for your later professional activity through specialisation. You can choose from the following specialisations:

• International Trade and Production: This block provides you with the opportunity to build an independent profile for your future professional career through specialization. You can choose from the following specialisations.


• Development Economics: Understand the historical roots of underdevelopment and learn to use current economic models to analyse how factors such as economic growth, trade, inequality, aid, capital flows and population issues affect development.


• Behavioral and Institutional Economics: Explain the economic decision-making behaviour of people and the emergence of economic organisations, laws, contracts and customs by combining business and economics with sociology and psychology.


• Quantitative Methods of Economic Analysis: Learn to make predictions using statistical methods such as regression models and learn how to implement these approaches using statistical software packages.

You can have one of each of these four modules listed in your Master's degree certificate as a specialisation. You supplement these specialisations with seminars and other modules with a foreign trade orientation.

In the elective area, you have the opportunity to freely choose additional modules from the selection offered by the Faculty of Business and Economics. This allows you to further refine your individual profile. Additionally, you can enroll in selected modules from other faculties covering topics such as machine learning or international law. Furthermore, you can have a voluntary internship credited under certain conditions.

Part of the elective area is also a semester abroad, which deepens your knowledge of foreign languages, strengthens your intercultural competence and broadens your horizons. You can complete this at a partner university of the Faculty of Business and Economics at the University of Göttingen:

• University of Mississippi, USA


• Several universities in Latin and South America (for example Argentina, Brazil and Mexico)


• Thammasat University in Bangkok, Thailand


• Stellenbosch University, South Africa (an additional scholarship is funded by the DAAD)


• Bogor Agricultural University, Indonesia


• Fudan University, China


• European exchange programmes ERASMUS (over 60 European partner universities)

In your final thesis, you will combine all the skills you have acquired during your studies: Subject expertise, empirical methods, and proficiency in application. You will select contemporary, practical topics and questions related to challenges in the global economy, and employ real-world data and empirical methods to analyse them.

• Recommended study plan (Charts)


• New-enrolment or re-enrolment


• Mailing list for economics students (information on teaching offers; job advertisements of economics Chairs etc.)