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Philosophy & Economics Master

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Library of the University of Bayreuth

Structured interdisciplinarity

The MA Programme is a demanding and graded path of training. You will study six courses that will provide you with a rigorous Master level training that matches international standards in the core areas of philosophy and economics.

The interdisciplinarity that you will be trained in is the ability to reason, reflect, and converse easily in both disciplines. You will gain the skills for applying the specialist methods and theoretical frameworks from both philosophy and economics for studying a set of problems that are relevant to both disciplines.

Compulsory modules – or what you must do

EthicsHide

This module is a systematic study of the major topics in contemporary ethics. In Part I you will study metaethics, which concerns the status and grounding of moral claims in general. In Part II you will study the two main traditions of normative ethics: deontology and consequentialism. You will study how each of these traditions set rules for handling practical issues for the ‘just society’ (e.g. rights, punishment, equality).

Political PhilosophyHide

This module is a systematic study of contemporary political philosophy. In Part I you will explore the nature of rights, the sources of political obligation, legitimacy and authority of the state, the significance of liberty, and the justification of democracy. In Part II you will focus on questions about the content, scope and normative role of distributive justice. In Part III you will study the significance of institutions and political realism in philosophical inquiry.

Philosophy of the Social SciencesHide

This module is a systematic study of the different approaches to the scientific study of society. In Part I you will study conceptions of human agency and social phenomena and the methods of social scientific inquiry. In Part II you will study social science explanations (functional, intentional, structural). In Part III you will look at objectivity, rationality, and the concepts of methodological holism and individualism. In Part IV you will examine contemporary controversies.

Advanced MicroeconomicsHide

The module will provide you with the knowledge and techniques of modern microeconomic theory. The main focus is on individual decision and demand behaviour, strategic interaction of firms as well as the assumptions underlying models of perfect competition and their welfare implications.

Advanced MacroeconomicsHide

This module is about modern international macroeconomics and the interaction between real and monetary variables in open economies. In Part I you will study inter-temporal trade and constraints for a country’s borrowing and lending. Part II introduces the concept of purchasing power and shows the link between real exchange rates and productivity growth. Part III examines the relationship between key nominal variables, such as prices and exchange rates. Part IV looks at the role of monetary policy for real economic variables.

Advanced Empirical Economic ResearchHide

This module will train you in the basics of different estimation methods for analysing micro- and macro-data. This will provide the basis of empirically-based economic analysis. You will learn how to undertake empirical studies and develop a sensitivity for context specific evaluations and judgements. Particular attention will be given to practical applications using appropriate software packages.

The Integrative SeminarHide

This module is what defines the intellectual identity of your P&E degree. It is the lab in which you will bring your knowledge, talents, and interests in philosophy and economics to bear on contemporary policy problems of international governance and global justice. Your task will be to apply economic modelling to the analysis of policy proposals and institutional structures and investigate their welfare and justice implications. You will work in small teams and be expected to show a high level of independence and research initiative. The outcome of your research will be presented in a series of workshops. The broad topics for the current academic year included “Taxation and Redistribution in Open Economies”, “Migration and Population Policy in Open Economies”, “Global Financial Markets and the System Crisis”, "Protectionism and Right Wing Populism".

Research SeminarsHide

You must attend two series of departmental research seminars. This will give you the opportunity to come into contact with current research as well as become socialized into the international world of research.

Elective modules – or what you can do

You must study five elective courses from any MA Module Area offered by the departments of Philosophy and Economics or any MA level course offered by cognate departments (e.g. Mathematics, Business Administration). You can concentrate on philosophy or on economics, or on a mix of the two. And you must write a MA thesis in which you demonstrate your abilities to undertake sustained, independent, and specialized research.

You can find a graphical overiew in our broschure. For more detail, please read the Module Handbook.


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