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.