Innovative firms go global and grow large. Consumers import what foreigners do better. Investment and jobs flow from declining to growing sectors, in which productivity is high and perspectives for jobs and wages are better. Specialization and trade help to become rich by focusing on what a country can do best. However, trade and innovation can also lead to inequality. How can we share the gains from trade widely? Read here an example how you could structure your studies in the field of Global Economy.
Jobs: Ambitious students aim for a job with reputable international organizations such as IMF, World Bank and WTO which source new talent from many good universities and require strong skills in theory and evidence based policy analysis. Economic research institutes (KOF, Ifo, DIW, ZEW etc.) are also on the agenda. Many alumni go to private sector firms and domestic policy institutions, who value their analytical and quantitative skills.
In order to graduate as a Master in Economics with a declared specialisation in Global Economy, students need to gain at least 16 ECTS from the courses listed below and write their master’s thesis in the area of Global Economy.