Master's Programme in Economics, 120 credits
Entry Requirements
A Bachelor's degree or equivalent first-cycle qualification comprising of at least 180 ECTS or a corresponding qualification from an internationally recognised university. 75 ECTS in economics and 15 ECTS in statistics, econometrics, mathematics or equivalent. Documented language proficiency equivalent to English 6/level 2 from Swedish upper secondary school.
Degree
Upon the completion of the study programme (120 credits), a student who has applied for a degree certificate can obtain a Degree of Master of Science (120 credits) according to the local qualification descriptor established by the Vice-Chancellor (see Umeå University's web site). The Swedish translation of Degree of Master of Science (120 credits) is Ekonomie masterexamen. The degree is awarded in the main field of Economics
Description of the education for current education cycle
This education is offered on a second-cycle level. The targets for second-cycle courses and study programmes can be found in Chapter 1, Section 9 of the Higher Education Act.
National goals for current degree
The national targets for the degree can be found in the Higher Education Ordinance, Appendix 2.
Examination format
Each course syllabus states what examination formats are to be used in each course.
Grades
Each course syllabus states what grades are to be used in each course.
Transfer of Credits
Students who consider themselves in possession of knowledge from previous relevant studies or professional or vocational experience that can be comparable to a course or part of a course in the study programme, can apply for transfer of credits. Approved transfer of credits means that the student does not need to take the part or parts of the education that the decision covers. Information about transfer of credits can be found on Umeå University's website.
General
Study periods
The programme is for two years and consists of four semesters, each approximately 20 weeks.
Teaching and forms of learning
The programme is given in English.
Thesis/independent work
For a Degree of Master of Science (120 credits) the student must have completed a second-cycle degree thesis of at least 30 credits in the main field of study Economics.
Compulsory courses are the courses that all students within the program normally study. A student who follows the programme is guaranteed a seat on all compulsory courses, provided that the eligibility requirements for the current course are met. Eligibility requirements are stated in the respective course syllabus.
Elective courses are a selection of courses that Umeå University offers within the program framework that the student may choose to apply for. The program students are guaranteed a place on one of these courses given that the eligibility requirements for the current courses are met, but they might not get their first-hand choice of courses. Eligibility requirements are stated in the respective course syllabus. The choice of elective courses is made in consultation with the program advisor.
The courses included in the study programme are listed in chronological order under the headline "Programme structure". However, the order of the courses may change.
Programme structure
Semester 1
Microeconomics: Theory and Modelling, 15 credits
Compulsory
Econometrics: Theory and Applications, 15 credits
Compulsory
Semester 2
Public Economics with Applications, 7,5 credits
Compulsory
Environmental Economics with Applications, 7,5 credits
Compulsory
The courses above run in parallel to each other.
Policy Evaluation, 7,5 credits
Compulsory
Game Theory and Industrial Organisation, 7,5 credits
Compulsory
The courses above run in parallel to each other.
Semester 3
Elective courses, 30 credits
or
Internship, 30 credits
or
Internship, 15 credits and Elective courses, 15 credits
or
Exchange studies, 30 credits
Semester 4
Economics, Masters’ Thesis, 30 credits
Compulsory
Deferment of studies
Information about deferment of studies can be found on Umeå University's website.
Approved leave from studies
Information about leave from studies can be found on Umeå University's website.
Discontinuation
Information about non-completion of studies can be found on Umeå University's website.
Other
Access to courses in the program is governed by the course syllabi. This programme syllabus replaces the earlier version, FS 3.1.3-1929-18.