Master’s programme in Economics & Policy (MSc.)

42639_ru1The Economics & Policy program addresses several main questions in the area such as: How do people and policy makers make decisions that affect economic, societal, and personal welfare? How do we measure and define this welfare? Which lessons follow from this for policy design? These and other issues are treated by drawing on state-of-the-art developments within the discipline of economics. The mainstream economics approach of ‘incentives matter’ is in our Nijmegen ‘Economics Plus’ program refined by addressing why certain incentives achieve their goal and others do not. In the process, students learn to draw on recent research in, amongst others, behavioural economics. Moreover, the courses have a decidedly applied focus. Specifically, the Economics & Policy track offers courses that consider cases from a European and broader international context to shape students’ understanding of how policy affects economic behaviour and economic performance on the macro, meso, and micro level. Students are equipped with both mainstream economic methods as well as endowed with a critical attitude in line with the ‘Economics Plus’ perspective. They are expected to find positions in national policy making organizations, international policy bodies, and policy advisory and consulting companies.

The courses which constitute this track are:

Programme
Semester 1
(September-January)
Semester 2
(February-August)
Period 1 Period 2 Period 3 Period 4
Behavioral Economics & Policy
Pluralisms in Economics
Macro economics & Policy
Optional course (Culture and Institutions,
Inequality & Development, Global Political Economy)
Technology & Innovation Policy
Current Issues in Economics & Policy
Master’s thesis
Methods of Empirical Analysis Master’s thesis

Details of these courses can be found in the online study guide in due time.

Learning outcomes and teaching activities
The track Economics & Policy adds to your already existing body of knowledge, skills and insights regarding economics and policy making. In addition, the track contributes to your further academic development.

Having attained the masters diploma in Economics & Policy, you will be knowledgeable about recent developments in the field. In particular, you will be an up-and-coming professional that is able to:

  • read, understand and reflect on the international professional and academic literature on economics and policy
  • report independently on various issues in economics and policy, including state of the art empirical and theoretical studies
  • use and apply statistical tools and methods that are relevant to economics and policy
  • conduct independent research within a preset time limit
  • present and defend in a clear and consistent way, both orally and in written form
  • maintain a critical attitude towards your own work and that of others, now and in future.

Admission requirements
There are three specific admission requirements for the Master’s in Economics to make sure that you have a background to successfully follow and complete this programme. The Examination Committee will decide if you are eligible for admission or not.

1. A completed Bachelor’s degree in Economics or related area
A Bachelor degree in Economics or a closely-related discipline from a research university, with a fair number of courses in your preferred specialisation. For example: Accounting, Micro and Macro Economics, International Economics, Academic Research and Data-analysis courses.

In case your prior education is marked insufficient for direct admission to the Master’s programme Economics, you may be offered to enrol in one of the pre-Master programmes.
Students with a bachelor diploma from a university of applied sciences (Dutch: HBO; German: Fachhochschule) also can enrol in a pre-Master programme for hbo-students.

2. A proficiency in English
Students who want to participate in a Master’s programme or Master’s specialization that is taught in English must have sufficient proficiency in English. This requirement has been satisfied when the student meets one of the following conditions:

  • Has successfully completed a three-year Bachelor’s programme at a Dutch university, or
  • Is a citizen of Australia, Canada (with exception of Quebec), Ireland, New Zealand, United Kingdom, or the United States of America, or
  • Has successfully completed a Bachelor’s programme that was taught completely in the English language in one of the following countries: EU/EEA-countries, Australia, Canada, New Zealand, United States of America, or
  • Has successfully completed a Master’s programme from a Dutch university of applied sciences (HBO).

Students who do not meet one of the above conditions must satisfy at least one of the following conditions by providing us with a document proving that condition has been satisfied:

  • TOEFL (iBT) Certificate: minimum overall score of 90, with subscores not lower than 22, or
  • IELTS Academic Certificate: minimum overall score of 6.5, with subscores not lower than 6.5, or
  • Cambridge Certificate of Advanced English (CAE): minimum score of C, or
  • Cambridge Certificate of Proficiency in English (CPE): minimum score of C.

Certificates may not be older than two year. No other certificates are accepted.

3. A letter of motivation
Unless you hold a Bachelor’s degree from a Dutch university, you need to submit a letter of motivation in English (max 2 pages). In this letter of motivation you should explain why do you want to attend this programme and why you think you are suited for this programme.

Tuition fees 2014-2015
The legal tuition fees for the academic year 2014-2015 are set at €1,906 for Bachelor’s and Master’s programmes.

There is a difference between legal tuition fee and institutional tuition fee.
In order to be eligible for the legal tuition fees, you have to meet all the following criteria:

  • Nationality criterion:
    You are a national of an EEA(1) country or
    You are a national of Suriname or
    You are a national of Switzerland or
    You have been recognised by the UAF foundation as a refugee student or
    You are a national from a non EEA country, but you qualify for a student grant on the basis of the Student Finance Act 2000.
  • Place of residence criterion at the start of the programme:
    You are a resident of the Netherlands and you are registered in the municipal registry, or you are a resident of Belgium, Luxemburg, or one of the German States of Nordrhein-Westfalen, Niedersachsen or Bremen. Please check the information at Step 4 onhttp://www.ru.nl/masters/admission-enrolment/enrolment/ for more information.
  • Degree criterion (i.e. you do not have an academic degree yet):
    You are enrolling in a Bachelor’s degree programme and have not yet obtained a Bachelor’s or doctoraal degree(2) or you are enrolling in a Master’s programme and have not yet obtained a Master’s or doctoraal degree at a Dutch university. As an exception, you may enrol in a second Bachelor’s or Master’s programme in the area of teaching (ILS) our health care (Medicine, Dentistry or Biomedical Sciences), providing you have not obtained a Bachelor or Master title in the same area.

(1) Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxemburg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden or United Kingdom.
(2) Title of Drs., Mr. or IR. obtained at a recognised institution after 1991.

Non EEA student
If you are not a national of an EEA country the following tuition fees will be set for the following studies:

Faculty Bachelor Master
Faculty of Law, Faculty of Arts, Faculty of Social Sciences, Nijmegen School of Management, Faculty of Philosophy, Theology and Religious StudiesExceptions are made for Theology (BA/MA €1,907,-); Artificial Intelligence (BA €9,570,-/MA €10,537,- and Cognitive Neuroscience (MA €10,537,-). €6,994,-   €9,570,-  
Faculty of ScienceNon-EEA Master’s degree students who follow the Master of Science (MSc) Environmental Sciences (Master’s track transnational ecosystem-based water management (TWM)) in cooperation with the Universität Duisburg-Essen, pay tuition fees of €5,156 per academic year. €9,570,- €10,537,-
Faculty of Medical ScienceExceptions are made for Biomedical Sciences (BA €9,750,-/MA €10,537,-) and Molecular Mechanisms of Disease (MA €10,537,-) €17,300,-  €17,300,- 

Payment of Tuition fees

  1. Change Study Address in Studielink
    As soon as you have a study address in The Netherlands, change this in Studielink. Please be aware that Studielink calculates your tuition fee, among other things, on base of your study address.
  2. Fill out payment details in Studielink
    In Studielink you have to fill out your payment details. Please read the information below carefully if you have a full scholarship.

Information for students with a full scholarship and for students for whom the payment of tuition fee has been arranged otherwise (e.g. Master’s programme Business Administration, specialisation System Dynamics, European Spatial and Environmental Planning, specialisation PLANET)

If a full scholarship has been granted to you, please fill out the payment details in Studielink following the instructions below.

Payment of Tuition Fee
* Tick: option 2: Someone else is paying
* Tick: option 3: Using a different payment method
* If you click on the button ‘More information’ you wil enter the current site. However, you will have to:
* Visit the site http://www.ru.nl/currentstudents/registration/forms/
* Open the form ‘Direct Debit Authorization 2014-2015’
* Fill out your student number and personal data.
* You don’t have to fill out the Personal data account holder’, “Direct debit authorisation’, ‘Change of payment method’ and ‘Change of account number’. However, please write down which scholarship(s) has been granted to you
* Fill out the data under ‘signature’
* Print the form and send it it to:

Radboud University Nijmegen
Student Affairs Office
Central Student Administration
P.O. Box 9102
6500 HC Nijmegen

More information