Economic Systems

The MSc programme in Economic Systems in cooperation with the Faculty of Economics and Business of the University of Belgrade is designed for high-achieving students with an interest in: theoretical models and empirical methods in comparative and international economics socio-economic development and economic policy in emerging economies, especially in East-Central and South-eastern Europe the elaboration of applied economic solutions under global and institutional uncertainty, the evaluation of their effects, and the design of necessary regulations and activities in this context advanced academic training in economics and quantitative methods performing economic analysis from an interdisciplinary perspective The structure of the programme is defined by the study and exam regulations, containing detailed descriptions of the contents and goals of individual modules as well as definitions of the type of and requirements for individual assessments in the modules and the final examination for the programme. These regulations also define the available credits for each module and the required hours for the completion of the programme. The Master's degree programme teaches general theoretical and empirical economic skills (microeconomics, macroeconomics, econometrics), which build on the foundations of a previously completed economics or mathematics-oriented degree programme. The course introduces students to comparative, international, and institutional aspects of economics, with a regional focus on emerging countries, particularly Eastern Europe. In addition, practical and theoretical in-depth knowledge of interdisciplinary area studies, with a focus on Eastern Europe, is taught. In geographic terms, the concept of Eastern Europe used here includes Russia and the post-Soviet states as well as East-Central and South-Eastern Europe. The principles of academic work and good academic practice are introduced and applied. The programme provides theoretical and practical knowledge related to South-Eastern Europe and the entire post-socialist region. Students explore critically contemporary and historical economic and political problems in the region and work in groups to develop useful analyses. In doing so, they practice adopting an interdisciplinary perspective. Students deal with gender and diversity aspects in work processes and are encouraged to critically reflect on and apply these findings on an ongoing basis. The Master's degree programme provides the scientific basis and practical experience for a career as an economic expert for emerging markets in the following areas, among others: economic analysis and economic consulting in the public and private sector, international organisations, non-governmental organisations (NGOs) and scientific institutions. In addition, the Master's programme qualifies students for admission in a doctorate programme in economics or social sciences per the respective admission requirements.