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Key concepts of the programmeThe unique focus on spatial dynamics enables you to gain insights on how the areas of economic growth, entrepreneurship and innovation interplay, evolve and shape the economy and commerce in different regions and periods of time.
The programme draws on frontline research in the field of economics of innovation. Some of the key topics covered are:
* Small business economics
* Economics of innovation
* Regional development and entrepreneurship
* Innovation, energy and sustainability
Your future careerGraduates are well equipped for analytical and planning work in private sector, government and international organisations, as well as for work in non-governmental organisations, consultancy and research.
The programme is designed to meet a demand in analytical and planning work for the ability to merge knowledge about economic modelling and the role of innovation and entrepreneurship with empirical evidence of economic change across time and space.
This Erasmus Mundus programme is organised by a consortium including Universidad Carlos III Madrid (coordinating institution), University of Warwick and Lund University School of Economics and Management (LUSEM). The students combine one year of studies (at either Carlos III or Warwick with one year of studies at LUSEM. The programme runs over two years and includes 120 ECTS credits in total. The programme consists of 14 to 16 course modules (depending on the two different mobility schemes available), delivered via a combination of lectures, classes, tutorials and essay writing with individual supervisors. Students are mandatorily required to study at two different universities of the consortium. At each university they have to complete a minimum of 60 ECTS.
The programme students can choose to spend their first year either at the University of Warwick (Option A) or at Universidad Carlos III Madrid (Option B). Warwick targets English-speaking students oriented towards research on economic development and growth at academic level. Carlos III Madrid targets Spanish-speaking students wanting either to pursue a professional career as development economists at governmental agencies and international organizations or to carry out research in development economics and economic history at academic level.
The first term is common at both universities and provides basic courses in Macro- and Micro-economics, International Economics, Statistics and Econometrics at intermediate level. In the second term, advanced courses are taught in order to allow students to specialize in the field of Economic Development according to the expertise offered by the two Universities. Students at Warwick develop advanced skills in econometric analysis, and focus mainly on advanced research topics in economic history, macro- and micro-topics in development and transition. Students at Carlos III focus on the analysis of different facets of economic development with a special emphasis on demography, inequality and poverty, and privilege Latin America as their main field of analysis. In both Universities the 3rd term of the first year is devoted to preparing a thesis. First year courses end up with a general workshop of one week in which students from both options receive advanced training on specific topics by specialist from consortium universities and external experts. Students with the highest-quality first-year dissertations will also present the results of their research and discuss them with experts.
In the second year students move to LUSEM to receive education and training in a series of advanced courses on different aspects of long-run economic development and growth. Thanks to the wide scope of expertise available at Lund and mobility schemes which allow instructors from both Warwick and Carlos III Madrid to move to Lund for one term, students can choose among a high number of courses on topics as varied and diverse as comparative patterns of economic change, technological change and innovation, inequality and living standards, economic demography, energy and sustainability, globalization and growth. In addition methodological courses are also offered on advanced quantitative and research methods. At the end of the second year students are required to write a second thesis with a high-level component of innovative research.
The combination of credits for courses studied at Carlos III or Warwick (including the theses) are transferred to LUSEM and are content wise to meet the learning outcomes of the programme as an entity. This puts special emphasis on the final thesis at LUSEM.
In addition to the programme, the core courses and the paper writing, the student also has to take optional courses. At the School of Economics and Management optional courses will be offered but these can also be taken at other faculties of Lund University or at another university. However, the optional courses should be of relevance for the programme and guidelines for the choice of optional courses will be supplied.
All courses encompass 7.5 ECTS, and are taught at part-time during half a semester. Normally the student thus studies two courses in parallel.
Want to improve your English level for admission?
Prepare for the program requirements with English Online by the British Council.
- ✔️ Flexible study schedule
- ✔️ Experienced teachers
- ✔️ Certificate upon completion
📘 Recommended for students with an IELTS level of 6.0 or below.
Lund University Global Scholarship programmeThe Lund University Global Scholarship programme is targeted at top academic students from countries outside the EU/EEA (and Switzerland). You apply for a Lund University Global Scholarship after you have applied for the programme/or free-standing course you wish to study at Lund University.
Programme-specific scholarships
Some programmes may have specific scholarships connected only to the programme or the subject area.
Erasmus Mundus Action 1Lund University is a partner in several Erasmus Mundus joint programmes (Action 1). As a student on these Master's programmes you can get a scholarship that can cover both tuition fees and living expenses. Details can be found on the Erasmus Mundus programme pages.
Erasmus Mundus Action 2Lund University is a partner in several Erasmus Mundus Action 2 "lots".If you are from an eligible country you can apply for a scholarship to come to Lund University. Scholarships are available to academic staff, PhD students, Master's students and Bachelor's students and can cover both tuition fees and living expenses.
Swedish Institute scholarshipsThe Swedish Institute offers several scholarship programmes for international students studying at Bachelor's, Master's, PhD and post-doctoral levels.
Swedish Institute Study Scholarship:
The Swedish Institute Study Scholarships target highly qualified students across two categories:
Category 1: Students from the following 12 developing countries: Bangladesh, Bolivia, Burkina Faso, Cambodia, Ethiopia, Kenya, Mali, Mozambique, Rwanda, Tanzania, Uganda and Zambia. Category 2: Students with citizenship from countries on the DAC list (note there are some exceptions).
Other Swedish Institute Scholarships:
* Visby Programme - Swedish Institute Baltic Sea Region
* Swedish Institute Scholarships for East Europe
* Swedish-Turkish Programme
US Student FinanceLund University is a participating institution in the US Government Federal William D. Ford Direct Loan Program for undergraduate, Masters and doctoral programmes. This includes the Stafford Loans and the Graduate Plus Loans. Please note that this loan programme is only available to US citizens or eligible non-citizens.
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