Programme Structure

The MSc in Economics is a two-year degree programme of 120 ECTS.

You can select from a wide range of courses such as: Advanced Microeconometrics, Advanced Macroeconometrics, Behavioral Economics, Development Economics, Monetary Policy, Health Economics and Environmental Economics – and many others.

Programme Structure

The programme consists of 4 modules:

  • 22.5 ECTS compulsory courses
  • 15 ECTS seminars
  • 52.2 ECTS electives
  • 30 ECTS thesis

Compulsory Courses

Microeconomics III, Macroeconomics III and Econometrics II. The compulsory courses are placed in the first semester.
If you have already passed equivalent courses as part of your admission qualifications, you must take elective courses corresponding to 22,5 ECTS instead.


2 seminars of 7,5 ECTS each. We recommend that you register for seminars on the second and third semester.


At least 20 ECTS of these must be assessed with grades. If you have passed Econometrics II, Microeconomics III and Macroeconomics III as part of your admission qualifications, then at least 42,5 ECTS elective courses must be graded.


The thesis must be written during the second year.
As an MSc student at the Department of Economics, you can choose freely from a wide selection of electives offered in English. This gives you the possibility of narrowing down your focus to one specialized area of study.

Recommended year 1

Semester 1 Semester 2
Microeconomics III (compulsory) Economic seminar
Macroeconomics III (compulsory) Elective course
Econometrics II (compulsory) Elective course
Elective course Elective course

Recommended year 2

Semester 1 Semester 2
Elective course Master's thesis
Elective course
Elective course
Economic seminar

In cases where you have transferred courses with a different ECTS-value (e.g. courses transferred from another Danish or foreign university), the MSc degree programme will contain either fewer or more courses.


There are two types of teachings: courses and seminars. Courses are offered as classes of 50 students with a professor presenting the curriculum. The seminars offer a more practical approach with assignments, class presentations and discussions. Finally, you have to write a master's thesis.

Economic seminars

Economic seminars are courses that involve composing a paper in a predefined field and presenting this paper to the other participants and the instructor on the seminar.

In the seminars you must be able to:

  • identify a problem and analyse it using theories and analytical skills learned in other courses;
  • select, discuss and apply relevant MSc-level theoretical and econometric approaches to the analysis of your problem;
  • document and explain the analysis and discuss its strengths and weaknesses;
  • give a logical, clear and well-written presentation of the selected problem and its associated analysis;
  • make a clear and correct oral presentation of the problem;
  • take part in a constructive oral debate on others' presentations and participate actively in the seminar.


Students on the Master’s degree programme in Economics may choose one particular track of specialization, i.e. the Finance Track.
To complete the specialization in Finance, students must have taken at least 45 ECTS F-marked finance courses, completed at least one F-marked seminar, and written their Master's thesis within the field of financing.

On the diploma, the specialization in financing will appear on the list of completed courses that the student has completed.

Students who wants this specialization on the diploma must contact the study administration the latest the day after you receive your last grade of your education.

Master's thesis

The thesis must be written during the last year of the programme. Below is an list of previous thesis topics at the Department of Economics:

  • An Empirical Study of Preferential Trade Agreements
  • Getting the Story Right. A Growth Diagnostic for Tanzania
  • Unconventional Monetary Policies
  • Damages from Abuse of Market Power in Electricity Markets
  • Does the Threat of Participation in Active Labour Market Programs Affect Wage?
  • Predicting Sovereign Debt Crises - Designing and Evaluating Early Warning Systems

Study Abroad

The Department of Economics offers excellent opportunities for studying abroad, as we have numerous exchange agreements with universities worldwide. You can study up to 60 ECTS of your MSc degree programme abroad.