The MEP is based on academic science and aimed to research perspective. The main tendency of scientific knowledge in XX-XXI centuries is the drift to complex systems and stochastic processes research. It affected research methods, results, and understanding of science destination per se. Economics as a social science reflects this tendency to the full extent. As the famous economist, W. Baumol, said, the most impressing results since early 1900th were achieved rather in empirical and applied research than in theoretical novelty.

However general scientific trends take specific dimensions for economic science in accordance with its subject and methods. Another famous economist – A. Marshall – has defined economics as dealing with the ordinary operation of human society; it‘s studying individual and collective actions about making and using a material basis of wealth. It means the study of wealth on the one hand and study of a human – from the other.

Nowadays the economists got into social phenomena deep enough to investigate such a complicated effects Marshall could not imagine. They study not only ordinary but nonordinary social phenomena; not only material but an immaterial basis of wealth. The main purpose of economic research today is to find quantitative relationships between economic variables. Economics has very as powerful and diverse math toolset as to be a matter of research per se.

The aim of the MEP “Quantitative Economics” is to train highly qualified analysts and researchers, who are ready to use advanced tools for theoretic and applied research both for economic science and analytics for business, society and public policy.

Along with specific design the MEP is tailored to meet all the requirements of the state educational standard in the field “Economics”.

General Eligibility

The MEP “Quantitative Economics” is open both for foreign students and graduates of the Russian higher education institutions (including bachelor graduates of NSU).

The entrant to the MEP should have an educational diploma (certificate or some analogous document) on a program of the level of a bachelor degree or of a specialist qualification. There is no formal limit of the field of specialization. However, there are prerequisites for entrants to match the program.

Tuition Fee

The cost of full-time studies for the MEP Quantitative Economics at the Department of Economics of NSU in 2019-2020 is $4200 per year.

Accommodation Fee

Accommodation fee in students’ hostel is about $20 per month.

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Last updated November 13, 2018
This course is Campus based
Start Date
Sep 1, 2019
2 years
4,200 USD
per year
By locations
By date
Start Date
Sep 1, 2019
End Date
June 30, 2021
Application deadline

Sep 1, 2019

Application deadline
End Date
June 30, 2021