Economics forms the basis for the systematic understanding of economic transactions in society. The subject offers basic perspectives and analytical tools that can be applied on an individual, corporate, industry,national or global level.

Economics builds on a logically consistent structure, which relies on rational criteria for decision making. The subject offers perspectives on essential features of all types of markets ranging from local retailers to global currency markets. Economics is the subject to choose if you want to obtain deeper insights into how markets work and interact.

The Master’s Programme in Economics is designed to meet high international standards comparable with programmes in economics offered at other leading business schools. The programme is implemented between the three partners of HECER, which gives the capacity to offer an extensive spectrum of high-quality courses. The Master’s Programme consists of compulsory core courses in microeconomics, macroeconomics and econometrics as well as specialized courses in important fields of economics. The prerequisities for successful studies in economics are economics at a Bachelor's level as well as sufficient methodological skills

The courses oriented towards microeconomics deal with analyses of competition with a focus on how firms, organisations and industries should be organised to achieve efficiency.
Issues covered include analyses of corporate strategies to create sustainable competitive advantages and of assets markets characterized by incomplete information.

Courses offered in macroeconomics focus on wide-ranging issues of economic policy. Examples of topics are: Why do we have structural unemployment and how can it be reduced? Why should monetary policy be conducted by an independent central bank? What kind of distortions will be generated by politicians , who depend on support from voters at regularly organized elections?