Curriculum Science Track
During the first year, students mostly take mandatory courses providing them with the mathematical and statistical foundations necessary for pursuing research at an academic level. The courses in Microeconomics, Macroeconomics, and Econometrics are equivalent to first year Ph.D. courses. Students applying for the Economics Ph.D. program at WU get full credit for those courses in the doctoral program.
In the second year, students choose their preferred areas of specialization and write a Master's Thesis. For each area of specialization there is a Research & Policy Seminar. Students work in small groups to develop their own research projects, closely interacting with instructors. Class size is limited in the Research & Policy Seminars to 15 students.