MA in Philosophy & Economics


Program Description

The Departments of Philosophy and Economics offer a leading and unique Master Programme in Philosophy & Economics in Europe. P&E will provide you with a rigorous education in core areas of economics and analytic philosophy.

A P&E degree is the foundation for society’s future decision-makers in government, business, science, and NGOs. If you are looking for an ambitious PPE or PEP Master you will find plenty of political philosophy and political economy in our programme. If you are looking for a Master programme in economics with a difference, then you have also landed at the right place.


The programme is targeted at students with an interest in obtaining an advanced analytical and quantitative training as a foundation for pursuing research-based careers in academia, public service, and business. In designing the degree we had in mind economists and philosophers as well as those with political scientists or those with a background in business or management studies who are intent on sharpening their abilities in normative reflection, on deepening of their knowledge of subjects they have pursued during their Bachelor’s studies, and on broadening and enhancing their methodological skills in key areas relevant to both disciplines.

A modern degree for modern challenges

We see both economics and philosophy and their integration as methods for analysing allocation, distributive, and institutional mechanisms in a world that is in need of new global governance structures. Chief among these are pressing foundational and practical questions: What are the dimensions of equality? Does globalisation threaten social solidarity? How should we regulate migration flows? Is the international organization of labour necessary for achieving social justice? What are the economic and moral challenges that regional trade agreements create for the WTO? What is a fair allocation of voting power in the EU? What is the best way to organize deliberation? Who bears responsibility for climate change? Should executive salaries and bonuses be capped? How do we encourage corporate social responsibility? The Bayreuth P&E Programme is the advanced degree for the national and international public policy analyst, the public servant, and the concerned business professional. Our MA Programme is for the serious intellectual who wants a rigorous training that will cut across disciplines, who wants to innovate and engage with the world. It is an advanced training in the concepts and methods of social and economic justice and is a real alternative for the standard types of Master programmes in economics, philosophy, political science, or business and management studies.

Clarity and individuality

The P&E Master programme has a very clear structure with a set of core courses in both disciplines, a well-defined integrative philosophy & economics seminar, and a wide range of electives allowing our students to specialise according to individual interests and aptitude. Our programme will provide you with solid foundations and the opportunity to carve out your own distinctive academic and professional profile.

Research-led teaching

The mission of research-led teaching is taken seriously in the P&E Programme: courses are taught by those whose research is close to the topic. P&E faculty bring their own research to the seminar room and explore novel ideas and methods with their students in an intensive but relaxed way.


What can I do? Philosophy, economics, or a mix. The choice is yours.

You must study five elective courses from any MA Module Area offered by the departments of Philosophy and Economics or any MA level course offered by cognate departments (e.g. Mathematics, Business Administration). You can concentrate on philosophy or on economics, or on a mix of the two. And you must write an MA thesis in which you demonstrate your abilities to undertake sustained, independent, and specialized research.

Philosophy Module Areas

Advanced Topics in Moral and Political Philosophy – Metathics(moral realism and moral disagreement), Normative Ethics (consequentialism and deontology, contractarianism, theories of justice, freedom, and responsibility), Applied Ethics(climate and environmental ethics, ethics of negotiation and conflict, ethics of public policy), History of Contemporary Moral and Political Thought, Themes from Marx.

Advanced Topic in the Philosophy of the Social Sciences – Understanding and Explanation of Social Phenomena, Modelling and Comparison of Theory Dynamics, Modelling and Simulation of Social Processes, Formal Methods.

Advanced Topic in Business Ethics – Fundamental Concepts of Business Ethics, Theories of Corporate Governance and Corporate Social Responsibility, Praxis Seminars.

Economics Module Areas

Modelling Theory – Advanced Microeconomics II, Advanced Macroeconomics II, Advanced Empirical Economics II.

International Economics – Theory and Empirics of Money and Currency Policy, Theory and Empirics of International Trade, International Organizations and Contracts.

Governance and Development – Governance, Competition, and Social Development, Problems of Competition and Economic Policy, Public Economics, and Development Economics.

To Apply

We run a rolling admissions policy. Applications for the 2017–18 academic year will be accepted from 01 January 2017. We advise you to apply as early as possible.

  • You can apply before you have completed your Bachelor degree, but in such circumstances we will only make you a conditional offer and you will have to have completed it by 01 October 2017 to enrol.
  • We will accept applications until 31 August 2017. Non-EU applicants are especially advised to apply as soon as possible due to possible delays in obtaining visas etc.
Last updated Jan 2020

About the School

As one of Germany’s youngest universities, we are able to operate in an unbiased, self-confident spirit of academic freedom, scientific progress, and social responsibility. In line with our vision, o ... Read More

As one of Germany’s youngest universities, we are able to operate in an unbiased, self-confident spirit of academic freedom, scientific progress, and social responsibility. In line with our vision, our top priorities are individual supervision, maintaining high academic standards, and creating programmes of study that take current research into account. Our interdisciplinary focus and the innovative collaboration between many of our disciplines are key features of Bayreuth’s research culture. Read less