Public Policy and Management

The Master’s in Public Policy and Management (PUMA) is a two-year, English-language program. This program aims to make students analyze issues in public policy and state administration at a professional level. It will provide you with an understanding of the principles and methods of modern public policy and management. Students are offered courses in economics, social sciences management and law. Successful graduates may seek employment at various international organizations, like the UN, the EU and the OECD. Students can take part in a double degree program which includes the Corvinus University of Budapest and the Babes-Bolyai University in Cluj, Romania.

Introduction in Computational Economics

This course presents a variety of computational methods used to solve economic and financial problems. It emphasizes practical numerical methods and focuses on techniques that apply directly to economic analysis. This course also contains an introduction to MATLAB (using MATLAB, you can analyze data, develop algorithms, and create models and applications) and LaTeX (a high-quality typesetting system, the de facto standard for the communication and publication of scientific documents).

Economic Policy

After a short introduction (what economic policy is and who the main actors are) we start with the most important general questions of economic policy: what activities should be performed by the state, what kinds of problems arise in a market economy as a result of government intervention or of the lack of it? We continue with the international institutions and other international aspects (e.g. foreign capital) that constrain the national economic policy. From the 5th week we turn to specific fields of economic policy, we concentrate on the most important aspects of fiscal monetary and welfare policy, but cover other issues as well.

Econometrics I

The goal of this course is to provide students with the knowledge and tools to conduct their own empirical research in economics, to evaluate government and business policies, to perform forecasting, and to critically read statistical analyses by researchers and in the media.

Students will learn to use the computer as a tool for regression analysis, but more importantly we will focus on the proper interpretation of the underlying statistical models so that students understand when particular methods are likely to capture causal effects.

World Economics

The course is a very introductory one for those students specialized in economics or other social sciences, and who haven’t got any experience with models and theories about international economic relations. The course therefore deals with wide issues of international economics, international political economy and other subfields of economics on a very introductory level. It covers the basic mainstream models of international trade and trade policies, international finance, but also the historical development of the world economy and questions about international cooperation. Beside models the course also introduces the organizational structure of the world economy.

Graduation from the BA in Applied Economics Program requires the following:

1. Students must have completed all the compulsory, thesis and elective course requirements. 

2. Students must have achieved a minimum of 180 ECTS credits.

3. Students must have achieved a credit-weighted cumulative grade point average (GPA) of 3.0 (on a grading scale of 1 to 5, where ‘1’ is the worst and ‘5’ is the best possible mark) in the mandatory courses.

4. Students must have submitted and successfully defended a Thesis Work.

5. Students must have fulfilled all the administrative and financial requirements towards the University.