The academic year is divided in five blocks / periods.

FIRST BLOCK: PRELIMINARIES. A first block reviews preliminary requirements and is intended to homogenize students different backgrounds. This block covers introductory materials in Economics, Econometrics and Mathematics: Optimization, Algebra and Calculus, Introduction to Economics, and Introduction to Econometrics. This block lasts four weeks from mid September to mid October.

SECOND BLOCK: FUNDAMENTALS. A second block includes courses that form the basic toolkit of an economist. It includes: Microeconomics, Macroeconomics, Econometrics, Quantitative Methods (Stata), and Quantitative Methods (Time Series). This block lasts eight weeks and ends before Christmas.

THIRD AND FORTH BLOCKS: FIELD SUBJECTS. The third and fourth blocks include courses in a wide variety of topics among which students make their choice depending on their preferences and curriculum design. The supply of topic courses will vary from year to year depending on students preferences and Faculty availability. A potential pool of courses would include: Economic Growth and Development, Labour Economics, Energy Markets, Monetary Market, Game Theory, Experimental Economics, Environmental Economics, Causal Inference for Social Sciences, Cultural Economics, Auctions, Social Choice and Welfare, Natural Resources, Fiscal Policy. Each of these blocks lasts seven weeks.

FIFTH BLOCK: MASTER THESIS. The purpose is that students implement the skills acquired by writing an essay on a specific subject. Students are expected to show a particular interest in one of the topics. Under the supervision of a Faculty member, the student is required to write an essay containing both theoretical and empirical analysis of a specific economic issue. The Master Thesis must be defended orally in late July and handed in by mid-September. View examples of Past Master Theses.


We also welcome students visiting the University of the Basque Country, and in particular its Faculty of Business and Economics, under the ERASMUS program. Be aware, however, that if you are planning to vist us as a bachelor student, and would like to  take some of the courses  among the ones offered in our master's program,  your learning agreement should explicitly include them. Otherwise, you will not be allowed to register before the hoja de cambios (learning agreement amendment) is approved by your home university.

2017-2018 Academic Calendar