Overview of the Master‘s program

What makes the Master’s program “Empirical Economics and Policy Advice” unique? Which career prospects do successful graduates have?

 What makes the Master’s program unique?

  • Close collaboration between the university and the Halle Institute for Economic Research (IWH) - Member of the Leibniz Association
  • Sound education in economic theory
  • Focus on econometrics (methods)
  • Innovative focus on policy advice

Scope and Characteristics 

The economic and political problems in Germany, Europe, and the world are becoming more complex. Therefore, the relevant question of the future is: How to teach economic expertise in a medial democracy?

The consecutive Master’s program "Empirical Economics and Policy Advice" is an innovative study program and in Germany unique in its kind. What sets the program aside is the combination of theory and practice.

The aim of the program is to enable students to interpret complex economic and political problems from an economic perspective and to deal with them, using empirical methods. Students will be enabled to think independently and critically as well as to develop their own subject-related theoretic approaches and methodologies. In addition, students acquire competence in the area of political science as well as the competence to communicate solutions to economic problems in a comprehensive manner. In this context the close collaboration with the Halle Institute for Economic Research (IWH) is crucial.


Career prospects

The Master’s program prepares its graduates for a career in all areas that require an understanding of overall economic interrelationships. This includes advanced knowledge and skills required for analysing real-world problems and for presenting scientific findings to a professional audience, and especially to the general public. In addition, the Master’s program paves the way for a scientific or political career. Potential employers are:

  • Big companies (industry, banking, insurance, retail)
  • International organizations, e.g. EU and UN
  • Media
  • Ministries
  • Political parties, trade associations, chambers of commerce and trade unions
  • Policy Advice (an example for policy advice is the Hallesche Forum für Ordnungsethik und Politikberatung)
  • Research institutes and think tanks