Economics
Course Structure
The Master’s programme comprises 120 ECTS credit points and is laid out for a standard full-time study period of four semesters.
Unique Subject Diversity
The major in Economics requires the attainment of 72 credit points and consists of core courses and fields
The core courses teach contents and methodology fundamentals in Microeconomics, Macoroeconomics, Statistics, Econometrics and Mathematics. Each is taught in two orientations:
Core Courses: | Core Courses: Method and Research focused |
An elective profiling between the core courses- or specialization areas within the major “Economics” allows a more practice orientated qualification. By choosing specific method and research orientated modules a preparation for a doctorate program is given (comparable with the first year of PhD-Program).
Within the specialization areas a specific choice makes a substantial deepening in one or more fields possible:
Fields |
• Economic Design and Behavior |
• Markets and Institutions |
• Macroeconomics, Money and Financial Markets |
• Macroeconomics, Growth and Inequality |
• Public Economics |
• Statistics and Econometrics |
Because students have many options within their specialization area a various emphasis can be put in between the Fields according to the desired job-qualification.
The almost freely chosable Minor serves as a further profiling of the studies- either deepening and specializing or more diversifying. At the moment students can choose between almost 30 Minors from all disciplines of the WiSo-Faculty.
You can obtain further information under the heading Study.
Only the best for your career
With your Bachelor’s degree you have already acquired profound knowledge and professional competence, making you well-equipped for labour market entry.
For excellent students „Master Doctoral Tracks“ provide the opportunity to start doctoral studies during the Master Programs. The
Cologne Graduate School (CGS) gives further information and shows regulations for the application.
Heighten your career opportunities
By earning your MSc in Economics at the WiSo Faculty of Cologne University, you enhance your qualifications and become an expert in your field.
Strenght your research profile
For excellent students „Master Doctoral Tracks“ provide the opportunity to start doctoral studies during the Master Programs. The
Cologne Graduate School (CGS) gives further information and shows regulations for the application.
The Master’s is the stepping stone for your career
The Master’s degree is even indispensable for many leading positions in the most diverse of sectors, and for specific career paths in research and teaching.
Master’s studies are worthwhile
Take your professional future into your own hands and benefit from the theoretical and methodological approaches taken at the WiSo Faculty, combining research and teaching with practice and thus underscoring our motto: “Innovation for society – researched-based solutions for practical problems”.
Not international enough?
Then profit from the option of doing a semester abroad at one of our many partner universities. For more information, please visit the website of the
International Relations Centre.
Eligibility Requirements
You require a Bachelor’s degree in an economic or social science, or a comparable degree, and must have achieved at least 180 ECTS credit points.
For additional subject-related eligibility criteria, please go to the website on the
admission procedure
Application Deadlines
The application deadline is June 15th
for applicants with a foreign (Bachelor’s) degree
for applicants with a German (Bachelor’s) degree
Please regard the deviating application deadline for the CEMS-Programme!
Online Application
You may apply online via the
Master’s portal of the WiSo Faculty.
Applicants with a non-German degree also have to apply via uni-assist.
Prof. Axel Ockenfels

Staatswissenschaftliches Seminar (Schwepunkte: Economic Design, Experimental and Behavioral Economics, Industrial Economics):
"Who seeks to solve economic problems and create better institutions, needs to know how people react to incentives."
