Applied Econometrics

In this course you learn about regression analysis. In applied economics this is a powerful tool to analyse empirical relationships. Particular attention will be paid to the statistical assumptions underlying the basic model. We will cover the analysis of: (1) experimental data, (2) panel data and (3) time series.

Games and Strategy

In this course we use game theory to analyse optimal strategies for firms. After discussing the main concepts of game theory we apply these concepts to business strategy. We distinguish between the internal context and the external context of the firm.

Behavioural Economics

Classic economics assume agents to be rational and selfish. Behavioural economics challenge both assumptions. You will study individual choice: bounded rationality concepts in decisions under uncertainty, information processing, judgement, time preferences and heuristic decision-making. Also you will explore strategic interaction, especially social preferences and reciprocity.

Experimental Economics

In this course you will learn the basic methodology of experimental economics: how to design a simple experiment, including writing instructions. You will practice both with laboratory and field experimentation evolving around industrial organisation, labour economics, behavioural economics and individual and group decision making.

Research Seminar

Formulating a good research question for your thesis can be challenging. This course helps you find one, by discussing your ideas with faculty members and fellow students.

Managerial Economics

How to measure employee performance? And what kind of incentives are best to use? Economics helps us to examine the optimal design of incentives. In this course you will learn about important principles. Discuss for example the trade-offs between risk and incentives, bonuses and CEO compensation plans. You will also study the role of psychological factors at the workplace - such as fairness and intrinsic motivation.

Markets and Organisations

In this course you will learn about topics related to the theory of the firm: what are firms, why do firms exist, and why does the existence of firms matter? You will discuss them both from a theoretical and an empirical perspective. You are required to understand articles that discuss economic theory as well as econometric applications.

Power and Authority in Organisations

In this course you will discuss the nature and potential sources of authority. How is the extent of (de-)centralisationof authority affected by the acquisition and dissemination of knowledge? You will also investigate behavioural or psychological motives that might affect the allocation of authority.

Electives

Choose 1 elective from the following options:

• Performance Management - Practical approach to human research management
• Competition Policy - Regulatory environment in which international companies operate
• Behavioural Finance
• Behavioural Business Ethics

The academic programme culminates in a thesis, which allows you to engage with state-of-the-art data analysis and statistical techniques. The Master’s thesis is the final requirement for your graduation. It is your chance to dive deep into a topic in your field of choice (track) that you are enthusiastic about, and allows you to do an independent research project. A professor of your track will supervise and support you in writing your thesis.

If you are a student of the Business Economics MSc and you have a record of academic excellence, a critical mind and an enthusiasm for applied research, then our Business Economics Honours programme is a great opportunity for you.

Once you have completed your curriculum, you will have the possibility of doing an internship or going on an exchange abroad. For international students, it is an excellent opportunity to experience the Dutch labour market.

Are you interested in learning Dutch? There are various options available to maximise your Dutch experience and prepare for your future job in the Netherlands.

Many of our students are members of a study association. It is fun and useful for your future career at the same time. Faculty student associations are a great way to meet fellow students and future employers. They organise study trips (abroad), career events, weekly debates and social events. You can also purchase your textbooks and course syllabi at reduced rates.

Overview Study Associations

• Faculty student association Sefa
• International Student Committee (ISC,part of Sefa)
• International Student Network Amsterdam (ISN, part of Sefa)
• Study Association Actuarial Sciences, Econometrics and Operational Research (VSAE)
• Financial Study Association Amsterdam (FSA)
• Marketing Association Amsterdam (MAA)
• International study association (AIESEC)

Amsterdam has a thriving student community with many activities organised outside of the university’s grounds. You will find student associations focusing on networking, specific interests and sports. It is only at sororities and fraternities that you can expect an initiation ritual (hazing).

At university, you are entitled to make your voice heard and assess the quality of your own education. Students can participate in the discussion on the university's education policy in various ways, such as by joining the Programme Committee, the Faculty Student Council or the first-year focus group. You can also stand for election and dedicate your efforts to the programme and your fellow students.