A masters is earned after students complete an undergraduate degree program. To obtain a masters, you usually need to complete 12 to 18 college courses that often involve completing comprehensive tests and/or a thesis.
Aside from the distinguishing between microeconomics and macroeconomics, students who are studying economics must also learn the difference between positive economics and normative economics. The former deals with that which is, while the later deals with that which ought to be. Other distinguishing characteristics include economic theory and applied economics.
Peru is a good and cheap place to embark on Spanish courses (once you are there), especially in the capital, Lima. Peru is the third largest country in South America with a diverse climate having different habitats like the coast, jungle and highlands. Highest ranking university is Pontificia Universidad Católica del Perú in Lima.
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