
The Master of Science in Economics is a two-year, full-time, on-campus program designed to provide advanced knowledge in economic theory, quantitative analysis, and applied economics. The program focuses on key areas such as microeconomics, macroeconomics, econometrics, and economic policy, enabling students to understand and analyze complex economic systems at both national and global levels.
Graduates develop strong competencies in economic analysis, data-driven decision making, and quantitative research methods, preparing them for careers in government institutions, international organizations, financial services, consulting firms, and research institutions. Umea University offers a research-oriented academic environment that emphasizes analytical thinking, statistical methods, and real-world economic problem solving to prepare students for advanced professional and academic paths.
Semester 1 – Foundations of Economics
• Introduction to Microeconomics and Macroeconomics
• Business Economics and Organizational Theory
• Quantitative Methods and Economic Analysis
• Research Methods in Economics
Semester 2 – Advanced Economics
• Development Economics and Global Markets
• International Trade and Economic Policy
• Economic Modeling and Forecasting
• Elective Modules in Economics
Semester 3 – Specialized Economics
• Behavioral Economics and Decision Making
• Financial Economics and Market Structures
• Economic Policy and Public Finance
• Fieldwork/Research Project in Economics
Semester 4 – Master’s Thesis & Final Project
• Independent Research / Thesis
• Advanced Topics in Economics
• Final Presentation & Research Evaluation
Graduates of the Economics program are well-prepared for careers in economic analysis, financial services, and policy-making. They can pursue roles as economists, policy analysts, financial consultants, and market analysts. The demand for professionals who can analyze economic trends, develop financial strategies, and influence economic policy remains strong. Graduates often work in governmental organizations, financial institutions, think tanks, and multinational corporations, contributing to the development of economic policies and business strategies.
The Economics program provides students with a deep understanding of economic theory, quantitative methods, and policy analysis. Students gain expertise in microeconomics, macroeconomics, and econometrics, preparing them for careers in economic analysis and policy-making. The program’s practical approach ensures that graduates are well-equipped to apply economic principles to real-world problems and contribute to informed decision-making in both the public and private sectors.
For further information, please contact the admissions office at:
Phone: +46 90 786 50 00
Email: info@umu.se
Address: Umea University, 901 87 Umea, Sweden