Candidates who have completed the Economics major, have acquired the following:
Knowledge
K1: a solid understanding of microeconomic models analysing demand and consumer behaviour, competition and firm strategy, as well as market structure and information;
K2: a solid understanding of macroeconomic models analysing growth and business cycles in the aggregate economy, inflation and employment, as well as monetary and fiscal policy;
K3: knowledge of econometric methods to analyse economic data, understanding of identification of causal effects, implied optimal decisions and policy, and prediction;
K4: an understanding of models and methods used in specialised areas in economics.
Skills
S1: the ability to work with and analyse models of the economy;
S2: a critical understanding of the main theoretical models describing economic behaviour both at the micro- and macroeconomic level;
S3: the ability to analyse economic data and contrast and compare empirical predictions and implications, using economic models and modern econometric methods.
S4: the ability to use advanced digital tools, including data processing, visualisation and programming.
General Competences
C1: the ability to utilise available information and data with necessary critical understanding of sources;
C2: the ability to analyse economic questions using a combination of theoretical and empirical models;
C3: the ability to formulate research questions in economics and provide answers using both theoretical and empirical methods.
C4: the ability to work in teams and to communicate on economic issues to both specialists and a wider audience.
C5: the ability to analyse the sustainability of economies and market allocations and potential policy prescriptions.