Open Economy Macroeconomics 2400-ENSM117B
During the seminar, students prepare to independently formulate a research problem and the hypotheses for their Master’s thesis. Subsequent modules include:
Discussion of topics of interest to the participants within the field of study. The objective is to identify potential thesis topics. The topics must align with the Students’ degree program.
Review of the formal requirements for Master’s theses;
Discussion of thesis outlines and the progress of their preparation. This specifically concerns advanced scientific theories in the selected field related to the thesis topic, as well as conclusions drawn from prior theoretical and empirical research;
Presentations by seminar participants covering the literature review for their respective thesis topics;
Presentations by Students showcasing the results of their preliminary independent research.
Estimated student workload: 14 ECTS × 25 hours = 350 hours
Type of activity C (contact hours) I (independent study)
Semester A
Seminar: 15 h (C); 0 h (I)
Individual consultations: 15 h (C); 0 h (I)
Literature review: 0 h (C); 30 h (I)
Preparation for the seminar: 0 h (C); 15 h (I)
Total: 30 h (C) + 45 h (I) = 75 h
Semester B
Individual consultations: 30 h (C); 0 h (I)
Thesis writing: 0 h (C); 45 h (I)
Preparation for the diploma examination: 0 h (C); 200 h (I)
Total: 30 h (C) + 245 h (I) = 275 h
Overall total
60 h (C) + 290 h (I) = 350 h
Legend:
C – Contact hours
I – Independent study hours
Course coordinators
Type of course
Learning outcomes
Upon completion of the course, the student:
IN TERMS OF KNOWLEDGE:
knows and understands advanced microeconomic, macroeconomic, and financial theories, and recognizes the place of economics and finance within the social sciences;
knows and understands advanced quantitative methods applied in the analysis of economic and financial problems;
knows and understands the principles of industrial property protection and copyright law.
IN TERMS OF SKILLS:
is able to formulate a research problem and conduct a literature review on a selected topic;
is able to present the results and conclusions of their own research project;
is able to critically analyze data using advanced empirical methods.
IN TERMS OF SOCIAL COMPETENCES:
demonstrates a willingness to seek expert advice when facing difficulties in independently solving encountered problems;
is ready to critically evaluate the theoretical and conceptual achievements in the fields of microeconomics, macroeconomics, the history of economics, and finance; and is ready to utilize the acquired knowledge to solve advanced problems.
Assessment criteria
Passing the course requires:
Semester A – presenting and obtaining approval for the thesis plan and hypotheses; delivering at least one presentation on the subject matter of the Master’s thesis (incorporating theoretical concepts as well as research related to the thesis topic); delivering at least one presentation covering the preliminary results of independent (empirical) research; and submitting a thesis chapter containing the literature review.
Semester B – submitting the Master’s thesis.
Grading scale: pass/fail
Bibliography
Literature selected individually, based on the research topic of the Master's thesis.