Why choose specializations in Economics?
Economics is a discipline with an extremely broad set of applications. Economists analyze and advise on economic and public policy issues. Students who apply for specializations in economics should bring a keen interest in these issues and have analytic and structural thinking as well as problem solving skills.
In our economics courses, you will learn how to deal with data and complex decision problems while at the same time improving valuable transferable skills, such as presentation and communication. Students who complete specializations in economics are well prepared for a range of master's programs and most occupational fields for economists, both in Austria and internationally. A specialization in economics is an ideal choice for career tracks in government, international organizations, academia, civil service, banking, media, statistics, and management consulting firms.
What are the differences between the specializations?
Apply for Economics Core if you want to learn the foundations of economics (20 ECTS).
Apply for both Economics Core and Economics Fields to gain expert knowledge in economics (40 ECTS).
Once you have successfully completed the courses in Economic Fields, we will be happy to supervise your bachelor's thesis.
Should you wish to pursue a master’s degree in economics, we strongly advise you complete both Economics Core and Economics Fields.
For the Economics Core, we recommend that you first complete the foundation courses Foundations in Microeconomics and Foundations in Macroeconomics) and then register for Advanced Microeconomics and Advanced Macroeconomics.
For the Economics Fields, we recommend that you complete all relevant foundation courses and the three Economics Core courses (Advanced Microeconomics, Advanced Macroeconomics, Econometrics I) and then register for Economics Fields courses.
Example of content teached in BBE
For a first impression on the topics offered in BBE Core and BBE Fields, please feel free to watch the video on Macroeconomics by Professor Klaus Prettner.
Macroeconomics: Economic models