Master in Economics - Research Focus
Ottignies-Louvain-la-Neuve, Belgium
DURATION
2 Years
LANGUAGES
English
PACE
Full time, Part time
APPLICATION DEADLINE
30 Mar 2025*
EARLIEST START DATE
15 Sep 2025
TUITION FEES
EUR 835 **
STUDY FORMAT
On-Campus
* For Non-EU students: application deadline: March 31st, 2025 / For EU and nationals: application deadline: September 13th, 2025
** The annual regular tuition fee is €835, but it can vary from zero to more than €4,000, depending on the student’s economic status, nationality and other factors.
Introduction
These are intensive two-year programs providing advanced training in microeconomics, macroeconomics, and econometrics, together with applications to several specific fields. They offer a deep understanding of what economics is today, and - in close connection with internationally well-known research centers - prepare our students to carry out high-level research in economics.
Our Research Masters are thus an ideal pathway to an academic career, as they equip the students with the state-of-the-art tools required to access Doctoral School. Such research skills, however, are also highly valued by (international) institutions and firms looking for experts at the frontier of the profession.
The ESL offers 2 Research Masters, fully taught in English:
- Master 120 in economics / Research Focus / General Orientation - ECON2MA
Note: a fast track with 60 credits exemption is possible for the holder of a first university degree of 4 years (or 240 credits) in Economics - Master 120 in economics / Research Focus / Econometrics Orientation - ETRI2MA (see programme details in the website of the Economics School of Louvain - UCLouvain)
2-year program - ECON2MA - 120 credits (Fully taught in English)
Program Structure - 120 CREDITS - 2 Years
- Core course - 30 credits
- 2 Options of Specialization - 30 credits
- Research Focus - 30 credits
- 3 advanced elective courses - 20 credits
- 2 electives (including Math&Sat for Econ) - 10 credits
Gallery
Admissions
Curriculum
Core Course (15 credits)
1 econometrics course among the following 3
- LECON2031 Time Series (UCLouvain, Fall 1)
- LECON2033 Microéconométrie (UCLouvain, Fall 1)
- ECONM826 Applied econometrics (UNamur, Fall 1)
1 quantitative course
- LECON2500 Mathematics and Statistics for Economics (UCLouvain, Fall 1)
1 reflective learning course among the following 3
- LECON2065 History of Economic Thought (not taught in 20232024) (UCLouvain)
- ECONM907 Institutional Foundation of Market (UNamur, Spring 2) G. Cassan
- LECON2061 Philosophy and Epistemology of Economics (UCLouvain, Fall 1)
2 Options of Specialization (OS) among the following 11 30 credits (1 option = at least 3 courses = 15 credits)
4 Clusters Recommended: To help you compose a coherent program, please consult this document with OPTION combinations around 4 CLUSTERS. These are guidelines but feel free to mix your options as you want (taking into account schedule constraints).
Fall 1/3
- OS2. Macroeconomics: Structural Policies (FR), UNamur
- OS4. Finance: Monnaies (FR/EN), UCLouvain
- OS5. Development: Poverty and Institutions (EN), UNamur
- OS10. Firm's strategies (EN), UCLouvain
Fall 1/3 & Spring 2/4
- OS9. Economie et société (FR/EN) UCLouvain
Spring 2/4
- OS6. Macroeconomics: Cycle and Conjuncture (EN) UCLouvain
- OS3. Finance: Markets (EN) UNamur
- OS6. Development: Growth and Globalisation (FR/EN) UCLouvain
- OS7. Economics of Public Intervention (EN) UNamur
- OS8. Labour and Human Resource Economics (FR/EN) UCLouvain
- OS11. International Economics (EN) UCLouvain
Research Focus 30 credits
- LECON 2111 Advanced Microeconomics I: Individual Decision and General Equilibrium (UCLouvain, Fall 3) A. Panin
- LECON 2121 Advanced Macroeconomics I: Intertemporal Behavior and Business Cycles (UCLouvain, Fall 3) A. Rannenberg (suppl L. Pensieroso)
- LECON 2112 Advanced Microeconomics II: Game Theory and Information Economics (UCLouvain, Spring 4) B. Decerf
- LECON 2122 Advanced Macroeconomics II: Growth, Dynamics, and Policy (UCLouvain, Spring 4) R. Oikonomou
- LECON 2131 Advanced Econometrics (UCLouvain, Spring 4) S. Van Bellegem
1 research seminar among the following 3 courses:
- ECONM 653 Research Seminar I: Microeconomics (UNamur, Spring 4)
- LECON 2161 Advanced Macroeconomics III (UCLouvain, Spring 4)
- LECON 2603 Econometrics Workshop (UCLouvain, Spring 4)
3 Advanced Elective Courses from Advanced Economic Analysis I 15 credits
UCLouvain Fall 3:
- LECON 2608 Advanced Labour Economics
- LECON 2610 Industrial Organisation
- LECON 2069 Ethics and Social Choice (biannual course taught in 20242025)
- LECON 2600 Dynamic Methods in Economics
UCLouvain Spring 4:
- LECON 2604 Advanced International Trade J. Gomes,
- LECON 2601 Advanced Econometrics II Time Series Econometrics
- LECON 2602 Advanced Econometrics II Microeconometrics
- LECON 2605 Capital Markets Theory (not taught in 20232024)
- LECON 2655 Population and Family Economics
- LECON 2609 Game Theory
- LECON 2607 Public Economics
- UCLouvain Not taught in 20232024:
- LECON 2065 History of Economic Thought
UNamur Spring 4:
- ECONM654 Advanced Monetary Economics
- ECONM652 Advanced Development Economics
Electives 10 credits
- 2 electives course (Fall/Spring)
Thesis (5 credits + 15 credits)
- LECON 2609 A Thesis 1st part 5 credits
- LECON 2609 B Thesis 2nd part 15 credits (Spring 4)
Fast track 1year program
Program structure ECON2MA 60 credits 1 year
- Research focus 30 credits
- 3 advanced elective courses 15 credits
- 1 thesis 15 credits
Access to master 120 with credit exemption possibility (60 credits) is possible for the holder of an undergraduate university degree of 4 years (or 240 credits) in Economics.
Research Focus 30 credits
- LECON 2111 Advanced Microeconomics I: Decision and Game Theory (UCLouvain, Fall 1) A. Panin
- LECON 2121 Advanced Macroeconomics I: Intertemporal Behavior and Business Cycles (UCLouvain, Fall 1) A. Rannenberg (suppl L. Pensieroso)
- LECON 2112 Advanced Microeconomics II: Game Theory and Information Economics (UCLouvain, Spring 2) B. Decerf
- LECON 2122 Advanced Macroeconomics II: Growth, Dynamics and Policy (UCLouvain, Spring 2) R. Oikonomou
- LECON 2131 Advanced Econometrics (UCLouvain, Spring 2) S. Van Bellegem
1 Research Seminar among the following 3 courses:
Spring 2
- ECONM 653 Research Seminar I: Microeconomics (UNamur)
- LECON 2161 Advanced Macroeconomics III (UCLouvain)
- LECON 2603 Econometrics Workshop (UCLouvain)
3 Advanced Elective Courses for Advanced Economic Analysis I 15 credits
UCLouvain Fall 1:
- LECON 2608 Advanced Labour Economics
- LECON 2610 Industrial Organisation
- LECON 2069 Ethics and Social Choice (biannual course taught in 20242025)
- LECON 2600 Dynamic Methods in Economics
- LECON 2067 Critical Analysis of Market Economies (Not taught in 20232024)
UCLouvain Spring 2:
- LECON 2604 Advanced International Trade J. Gomes
- LECON 2601 Advanced Econometrics II Time Series Econometrics
- LECON 2602 Advanced Econometrics II Microeconometrics
- LECON 2605 Capital Markets Theory (not taught in 20232024)
- LECON 2655 Population and Family Economics
- LECON 2609 Game Theory
- LECON 2607 Public Economics
- LECON 2065 History of Economic Thought (Not taught in 20232024)
UNamur Spring 2:
- ECONM654 Advanced Monetary Economics
- ECONM652 Advanced Development Economics
+ Courses from Advanced Master in Economics - KUL
- 1 Elective - 5 credits
Thesis - 15 credits
- LECON 2910 Thesis - 15 credits (UCLouvain, Spring)
Program Tuition Fee
Program Admission Requirements
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