Complexity and Economic Behaviour (Msc Econometrics)
In the Complexity and Economic Behaviour track you focus on the complex analyses governing today's economic markets. This track is 1 of 4 tracks you can opt for in our Master's in Econometrics.
Advise on market development and behaviour
In the Complexity and Economic Behaviour track you will study economic theory, and learn about the complex calculations that govern today's advanced market configurations and pricing structures. Our teaching staff has a high regard for critical thought, so expect challenging discussions and a steep learning curve.
- Gain deep insight into the behaviour of companies, governments, financial traders and private consumers in different market circumstances and dynamics.
- Acquire the skills necessary for mathematical and statistical modelling.
- Become an expert in the mechanics that channel contemporary auctioning and model dynamic economic behaviour.
Why choose the Complexity and Economic Behaviour track?
- Beside the 4 general courses of the MSc Econometrics in your curriculum, you will have 5 courses with focus on calculations of market behaviour and modelling.
- You will be lectured by professors and experts working in a wide range of economic organisations and fields. Therefore, you have access to up-to-date cases and learnings from the field of econometrics and economic behaviour.
- After graduation, you have an excellent job prospect at e.g. private organisations, financial organisations or multinationals.
Track-specific courses
Apart from the 4 general courses of the full programme, you will follow 5 track-specific courses and electives.
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Complex Economic Dynamics
In this course you will analyse non-linear dynamical systems with applications in economics and financial markets.
- Mathematical modelling and analysis of complex nonlinear dynamic phenomena.
- Application of complexity modelling to economics and finance.
- Computer simulations of periodic and chaotic solutions and interpretation of the numerical results.
- Critical evaluation of literature on economic dynamics, in particular on behavioural models with boundedly rational agents.
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Mandatory electives, semester 1
Choose 1 out of 2 courses:
- Asset pricing
- Machine Learning for Econometrics
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Economic and Financial Network Analysis
Network analysis helps to put structure in complex big data sets from social networking sites and financial data. In this course you will get thorough training in network analysis. You will cover network theory, simulation and empirics from an economic and from a data science point of view.
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Behavioural Macro and Finance
Economic theory assumes that agents (households and firms) are perfectly rational in making their decisions. However, this assumption is often too demanding. In this course you will focuses on the analysis of behavioural models in macroeconomics and finance with agents who are not fully rational, but behave more in accordance with experimental evidence.
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Mandatory electives, semester 2
Choose 1 out of 4 courses:
- Financial Econometrics
- Microeconometrics
- Quantitative Models in Online Marketing
- Stochastic Calculus
| Degree programme | MSc Econometrics |
|---|---|
| Type | Regular study programme |
| Mode | Full-time |
| Credits | 60 ECTS, 12 months |
| Language of instruction | English |
| Starts in | September |
| CROHO code | 60177 |