Economics

Economics at Vrije Universiteit Amsterdam offers a comprehensive and rigorous education designed to prepare students for a wide range of careers in the dynamic world of economics and related fields. The programme provides a solid foundation in microeconomics, macroeconomics, econometrics, and quantitative methods, enabling students to analyze complex economic issues critically and effectively. Throughout the course, students explore various economic theories and models, while also gaining practical skills to assess economic policies, market behaviors, and financial systems.

The curriculum emphasizes the importance of analytical thinking, data analysis, and problem-solving skills, equipping graduates with the tools needed to interpret economic data and develop evidence-based arguments. Students have opportunities to specialize in areas such as development economics, environmental economics, international economics, or financial economics, aligning their studies with their personal interests and career ambitions.

Vrije Universiteit Amsterdam focuses on a research-informed approach, combining theoretical knowledge with real-world applications. This enables students to understand global economic challenges and contribute innovative solutions. The programme encourages active participation through case studies, projects, and internships, fostering a practical understanding of economic practices in various sectors.

Moreover, the university promotes an international learning environment, attracting students from around the world. The programme prepares students for careers in consultancy, government, international organizations, financial institutions, and academia. Graduates are well-equipped to analyze economic trends, advise on policy-making, and solve economic problems at a national and international level. The flexible structure also allows students to tailor their education according to their specific interests, ensuring they graduate with a well-rounded and applicable skill set. With a combination of theoretical knowledge, practical experience, and a global outlook, the Economics programme at Vrije Universiteit Amsterdam offers a pathway to a rewarding career in the competitive economic landscape.

• YEAR ONE: FOUNDATIONS

The Philosophy, Politics and Economics (PPE) program is a three-year degree. The academic year at VU Amsterdam is divided into two semesters. The first year of the PPE program begins with an introduction to PPE, which covers the themes, methods, and primary theories. In the remaining two periods of the first semester, you will take introductory courses in each of the program’s foundation disciplines (philosophy, political science and economics), as well as a course on PPE methodology. The second semester includes additional foundation courses and a second methodological course in statistics. In the last part of the first year, will take your first interdisciplinary PPE in Practice course, which brings together the theory and methods you have acquired so far. 

• YEAR TWO: THEORY

At the beginning of the second year you will choose two of the three PPE disciplines to specialize in (if you wish to complete an additional 24 ECs, you can take all three tracks). You will take two courses in each of your chosen tracks, as well as four electives in those areas and two integrative PPE in Practice courses. 

• YEAR THREE: PRACTICE

In the third year of the PPE program, the emphasis will shift to preparing you for your future academic studies and careers beyond academia. During the fifth semester of your studies, you may choose either to pursue your studies at one of our partner institutions, or to complete an internship. During the final semester you will complete two large-scale projects: the PPE thesis and the final PPE in Practice course. You will work in groups to produce professional quality policy briefs. These briefs will be honed using input from your peers in the program’s ‘Policy Lab’. Also during this semester, you will incorporate the experience that you have gained through your studies abroad and your internship with the skills acquired throughout the program in order to produce professional quality research and policy projects

ADMISSIONS CRITERIA AND APPLICATION 

In order to be admissible, you must have a Dutch pre-university school diploma (VWO) or an equivalent qualification. You need to have a diploma with ‘Mathematics A’ or ‘Mathematics B’ (or an equivalent thereof) and also need proof of proficiency in English. Whether or not you will actually be offered a place in our programme will depend on your:

• grade point average (GPA)
• motivation and suitability to study an intensive programme like our PPE programme;
• commitment to contribute to the College’s international student and campus life

The latter two will be determined based on your CV and your answer to our assessment questions, and possibly an additional interview (over Skype in case of international applicants). The selection committee evaluates your application file as a whole, considering all these factors. If in doubt whether you meet the admission requirements, you can always contact our student advisor (see contact information).

Matching
There's no need to participate in an additional matching activity after you have successfully completed our selection process and have been accepted to our programme.

Financing for the Economics Bachelor's program at Vrije Universiteit Amsterdam is primarily covered through a combination of government funding, scholarships, and student tuition fees. Dutch and EU students benefit from the Dutch national student finance system, which provides financial support through loans and grants, including the basic student grant, which is income-dependent, and additional grants for students from low-income backgrounds. These loans, managed by DUO (Dienst Uitvoering Onderwijs), can be repaid after graduation based on income levels, making higher education more accessible for domestic students. For international students, financing options include tuition fee loans in their home countries or scholarships provided by the university itself, the Dutch government, or external organizations. The university offers a range of scholarships such as the VU Fellowship Programme, which is aimed at outstanding international students and can cover partial or full tuition fees. Additionally, students are encouraged to seek external funding opportunities, including family support, private grants, or international education funds. The program's tuition fees vary depending on the student's nationality, with EU students paying lower fees compared to non-EU international students. The university also provides guidance on financial planning and scholarship applications to support students throughout their studies. Moreover, students can apply for part-time jobs and internships during their studies to supplement their income, with the university's career services offering resources and advice on employment opportunities. The cost of living in Amsterdam is an important factor for students to consider, and the university provides estimated budgets to help students plan financially. These budgets include accommodation, transportation, books, and personal expenses, which can be financed through personal savings, loans, or part-time income. The university emphasizes transparent communication regarding tuition fees and available financial support options through its official channels and student services. Overall, the financial structure of the Economics program at Vrije Universiteit Amsterdam aims to make higher education accessible and affordable for a diverse student body, ensuring that financial barriers are minimized and students can focus on their academic and professional development.

The Bachelor's programme in Economics at Vrije Universiteit Amsterdam offers a comprehensive and rigorous education designed to provide students with a strong foundation in economic theory, quantitative methods, and real-world application. The programme is typically structured over three years, blending theory, empirical research, and practical skills essential for understanding economic issues at local, national, and global levels. Students gain insights into microeconomics, macroeconomics, econometrics, and various specialized topics such as financial markets, development economics, and policy analysis. The curriculum emphasizes analytical thinking, data analysis, and effective communication, preparing graduates for careers in consultancy, finance, government, or further academic study.

Vrije Universiteit Amsterdam prides itself on small class sizes and a student-centered approach, ensuring personalized attention and interactive learning. The programme engages students with case studies, group projects, and internships, providing hands-on experience and fostering critical thinking. Students also have opportunities to participate in exchange programmes, internships, and collaborative projects with external organizations, enhancing their practical skills and global perspective. The faculty members are renowned researchers and practitioners, committed to high-quality education and innovative research in economics.

Graduates of the programme are equipped to analyze complex economic issues, interpret economic data, and develop evidence-based solutions. The VU's strong connections with the business sector and policy institutions offer students valuable networking opportunities and a pathway to employment after graduation. The programme also lays a solid foundation for students interested in pursuing a Master's degree in Economics, Econometrics, or related fields at VU or other leading universities worldwide. Overall, the Bachelor's in Economics at Vrije Universiteit Amsterdam aims to develop critical, analytical, and socially responsible economists capable of addressing contemporary economic challenges.