Master Economics: Erasmus Mundus Master QEM - Models and Methods of Quantitative Economics

Two-year Master programme in quantitative economics taught full-time in English, with the prestigious Erasmus Mundus label given by the European Union. Students can choose to study in Barcelona, Bielefeld, Paris, or Venice.

Learning Outcomes

Upon successful completion of the QEM Programme, the students will: Knowledge

• understand the main mathematical models across all fields of quantitative economics;
• have in-depth knowledge of relevant national and international research;
• know how to use an econometric approach to the model economic phenomenon, estimate the resulting model, and interpret the estimated parameters;
• demonstrate mastery of the issues, theories and latest advances in at least one of the sub-fields of economics;
• have profound knowledge about the implications of research ethics and professional responsibilities;
• possess insight into an understanding of the societal conditions under which economic and social policies are implemented;
• have good knowledge of European culture, history, and social norms;

Skills

• excel in analyzing complex economic problems, designing new and innovative solutions, scientific methods and tools;
• use and analyze, at a high level, data found in major economic journals and in the classroom;
• master standard statistical, econometric and simulation techniques and software;
• master basic engineering skills in programming, software, and internet technologies;
• be able to interpret and communicate economic issues to a wider non-specialist audience including decision makers, NGOs, practitioners, and the media;
• communicate fluently in English and at least one other European language;
• be able to write a CV, present themselves and their work in an interview, more generally, be able to write and present ideas clearly;
• be able to make effective use of source materials, including literature searches, references, and citations;

Competence

• explore the relationship between theory and practice, test theories through using actual data sets;
• demonstrate the ability to conduct independent and original basic and applied research in economics;
• articulate socio-economic policy recommendations based on sound scientific reasoning;
• demonstrate the managerial capabilities demanded of academia, government, international organizations, NGOs, or the private sector;
• have leadership capabilities, assume professional responsibility, and independently initiate and implement discipline-specific and interdisciplinary cooperation;
• be able to work both independently and effectively in a team in complex and unpredictable situations requiring new solutions.