When and why should governments interfere in the workings of advanced economies?
To what extent does traditional competition policy still suffice in a world where firms increasingly sell their products online? And should the Ministry of Finance expand public spending if the unemployment rate gets high and the economy stagnates? In this programme, you will learn to assess different strategies to handle diverse microeconomic and macroeconomic problems.
The objective of the programme is to teach you economic
theories at a high analytical level. An additional goal is to
familiarise you with the application of theory and research methods
to economic practice and policy. Such a combination of rigorous
academic thinking with practical application is essential for any
professional active in the field of economics, either in policy or
research. You will learn about the influence of economic factors on
society and how economic theory can be applied to interpret and
analyse economic problems.
We offer two tracks: " Microeconomics of Markets and Incentives” and “Macroeconomic Theory and Policy ”. Alternatively, you can specialize in Energy Economics, or put an emphasis on Health issues in your programme. It is also possible to design your own study programme. The programme is truly international, being taught entirely in English. The best international textbooks are used in the various courses, students study papers published in prominent academic journals in order to keep up with the latest developments. Courses are taught by specialists with an international reputation in their field of research and/or a key role in public debates .
My Master´s programme itself and the good reputation of the University of Groningen made me decide to study Economics here. At times some econometrics can be quite challenging in this programme. The only thing you can do is to invest a lot of time until you understand it. However, the university offers a lot of support. For example, the FEB Career Services can always help you plan your next step. I would like to work for the government and influence policy decisions in the future. I think a lot can be done better and this helps me to work harder for my goals, knowing I may have a real impact later. (Bastiaan Bonnema, Dutch | MSc Economics)