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Master Program in Economics - YouTube
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Economics - it's not just a really good
degree for later job opportunities,
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but it's also a way to understand the world
and find answers to these really big
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questions concerning society.
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The Master program in Economics here at SSE
is a two-year program.
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You get a great toolbox to do basically
anything related to economics.
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So, you learn theory, you learn
how to apply it, you learn how to use
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statistics in order to understand
important empirical phenomena.
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You basically close no doors doing economics,
but you open a lot of them.
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We all know that SSE is highly ranked in
the league table.
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So, for me, that was a really important factor
to be in an institution
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that is doing cutting-edge research and that is preparing
us for what's to come after our Master's.
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So, what I think is great about doing this program
is getting a very general overview of economics
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and a very general skill set in economics
and then being able to really specialize.
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So, the first year consists of semester one
where you take four core courses in economics:
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mathematics, microeconomics,
macroeconomics and econometrics.
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In the second semester, you take three to four
electives in economics
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and you can choose between courses in
behavioral economics, time series econometrics,
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dynamic macroeconomic
analysis, industrial organization,
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international trade and development
economics.
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In a lot of the economics courses, we study the
challenges and problems we face in the Western world,
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in the developed region, but you also need
to understand what challenges and problems
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developing countries are
facing in order to understand the whole
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kind of economic context of the world.
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In the second year, there are many options.
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You can either go on exchange, to some
other university, somewhere else.
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You write your thesis over one semester
or over two semesters.
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You can stay here and take more courses in
economics or in other fields here at SSE.
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I knew that, here, I could tailor all of the
courses to my needs and interests.
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Here, you get a foundation in theory. You learn a lot:
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microeconomics, macroeconomics, mathematics
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and you also learn how to apply it with these electives
in the second semester, electives later,
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and also econometrics, so how to look at data and
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understand what you're seeing.
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One of the great things about studying economics is
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that it gives you a really good skill set,
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especially at SSE. It's very focused on
application rather than theory.
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So, I use data to form my opinions on what
we should do to achieve our goals.
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I think it's useful to think about exactly what
the degree is trying to prepare you towards.
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Our students end up really everywhere.
Most people after the Master's would end up
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going and working whether
in the private sector or with government.
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We have former students going to the
public sector in Sweden and elsewhere,
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big international organizations. We have
students going into banking and finance.
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We also have lots of students going into consulting.
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In all of these settings, they need to be familiar with
exactly what you can and can't say with data
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and what are the issues that you should be looking at
at just making judgements based on information
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that comes in. And that's a skill that's relevant for policy
making if you're in the government.
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That's relevant for making decisions
about your business
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and it's also one of the fundamental skills
that's necessary and it's a compulsory part
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of every PhD program in the world.
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Economics is really everything.
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It's really this toolbox that you can choose to
apply to any interesting social science phenomena.
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Economics is a way to understand the world.
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