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Macroeconomics – Growth and Fluctuations

Master (2 years) of Economics - Macroeconomics: Growth and Fluctuations , 120 ECTS
Economics, commerce, management and accounting

Institution University of Southern Denmark (SDU)
Campus Odense
Duration 2 years
Tuition per term (Non-EU/EAA/CH) 4250 EUR
Tuition per term (EU/EAA/CH) 0 EUR


Acquire insight into the workings of the global macroeconomy, past and present, and be able to navigate and make sound decisions in a rapidly changing global macroeconomic context. 

Career Opportunities  

Students who specialize in “Macroeconomics: Growth & Fluctuations” will be qualified for jobs in international institutions working with global macroeconomic issues such as the OECD, the IMF, the UN, and the World Bank. Students will also be of interest to national organizations working with such issues; these include the Ministry of Foreign Affairs, the Ministry of Finance, the Central Bank, as well as consultancy firms. Finally, the financial sector also employs many macroeconomic analysts. 

About the Degree

The purpose of this profile is to enable you to ask and answer questions that are characteristic of applications and policy analysis in the area of macroeconomics, which is taken to include economic growth, business cycle fluctuations, and international economic issues such as trade and capital movements. You will obtain knowledge of theories and historical cases related to the above issues, and will be able to apply these theories and this historical knowledge to answer specific questions related to trends and events in the global economy.

Compulsory courses •Advanced International Macroeconomics and Trade (autumn) •Economic Growth (spring) •Microeconometrics (aut) •Advanced Macroeconomics (autumn) •Master's Thesis

Constituent, elective courses (min. 20 ECTS) chosen among the following: Advanced Statistics, Asset Pricing, Derivatives and Risk Management, Housing and Urban Economics, Industrial Economics, Long-Run Determinants of Economic Outcomes, Time Series Econometrics with Applications in Finance and Macro, Macroeconomics and History. 

Elective courses (30 ECTS) are chosen among all the graduate courses offered by The Academic Study Board of Economics or by the Faculty of Business and Social Sciences. 


Applicants having completed a bachelor’s programme in economics from a university can apply to be enrolled. To be deemed as a bachelor’s degree in economics, the programme must include a minimum of 100 ECTS courses within economics. As a minimum, the following subjects must be included with the stipulated number of ECTS:        
•Mathematics (10 ECTS) •Statistics (5 ECTS) •Microeconomics (20 ECTS) •Macroeconomics (10 ECTS) •Econometrics (10 ECTS) •Accounting (10 ECTS) •Finance (10 ECTS) Futher 25 ECTS within the above economic areas  

In order for a degree to be deemed as a BSc programme in Economics and Business Administration, the applicant must have a bachelor degree from a university including a minimum of 75 ECTS courses within economics and business administration.

In addition, documentation may be required verifying that your proficiency in English is at a specified level. Read about the language requirements of the University of Southern Denmark

Apply directly at the University of Southern Denmark with all relevant documentation.

To find out whether the level of your foreign certificate or diploma satisfies the general entry requirements, you should contact T
he University of Southern Denmark directly. A list of the most commonly recognized exams and diplomas can be found at the Danish Agency for Higher Education

Exchange students should contact their home institution for information on application procedures and deadlines.


There is a tuition fee for all full-time degree students who hold a citizenship from outside of EU/EAA/Switzerland.  

Students within an exchange programme are not required to pay tuition. 

For Further Information

Information from the Danish Agency for Higher Education can be located at

You will find information about the Danish assessment of foreign qualifications in Guide to diploma recognition

About the Educational System in general visit the section The Danish Higher Education System

Spring - Non-EU/EEA/Nordic/Swiss citizens

Application date
Aug 01
Start date
Feb 01

Spring - EU/EAA/Nordic/Swiss citizens

Application date
Nov 01
Start date
Feb 01

Autumn - Non-EU/EEA/Nordic/Swiss citizens

Application date
Feb 01
Start date
Sep 01

Autumn - EU/EAA/Nordic/Swiss citizens

Application date
Apr 01
Start date
Sep 01



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