Master's in International and Monetary Economics

The Universities of Bern and Basel offer a challenging Master’s program in International and Monetary Economics with the possibility of additional specialization in financial markets-banking-prudential regulation and quantitative macroeconomics. The program is in English and is run jointly by the two Universities.

In the light of the increasingly globalized world economy, international issues relating to monetary policy, and indeed macroeconomics in general, are becoming ever more important. This is particularly true of an open economy such as that in Switzerland, which earns a great deal of its income from exporting goods and services and from investments. However, it also applies to the EU area, which is becoming increasingly economically integrated (and is expanding), to developing economies and even to major established economies such as that of the USA, which are more affected by international developments now than in the past. Since this means that purely domestic economic aspects are becoming less important, relatively speaking, it is essential for the well-being of many economies to train skilled experts who are familiar with the issues in the international economy. The recurring crises in financial markets, and their implications for economies in general, show how important the functioning of the monetary sector is for today’s global economy. A sound understanding of monetary policy as well as of the financial markets and how they are regulated is therefore indispensable, and that is exactly what this Master’s program aims to develop.