Master Economics QEM Erasmus Mundus » Programme » First Year
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First Year

The first year of the programme is focused on core courses with the objective of building a solid foundation in Economics and quantitative methods on which students build during their specialisation in the second year.


Welcome Week in Barcelona: The Universitat Autònoma de Barcelona (UAB), hosts a welcome week at the beginning of the first year to assist students in completing the registration procedures and allow students to become acquainted with one another. For more information, see here.


Mobility: The students spent their first semester in Barcelona and the second semester is spent in one of the four Consortium universities. 


First Year Courses

60 ECTS credits are required and are allocated as follows.


56 ECTS Credits of Scientific Courses: 7 x 7 Credits mandatory + 7 Credits elective

The first year is focused on building a solid foundation in Economics and quantitative methods, thus there are seven mandatory courses and each are awarded 7 ECTS credits (7 x 7). Four of these mandatory courses are taken during the first semester and three are taken during the second semester. The remaining 7 ECTS are allocated to elective courses (which vary by institution, see below). If they wish to take additional electives, students may take up to 67 ECTS credits of courses in their first year.


Students wishing to specialise in Finance during their second year are advised to take two courses in Finance in addition to the mandatory scientific courses. Depending on the credits of the Finance courses they choose, this entails between 61 and 67 ECTS credits in the first year.


4 ECTS Credits of Foreign Language Courses: 2 x 2 Credits mandatory

Each semester, students take courses in French, German, Italian or Spanish as a foreign language. These courses are mandatory and 2 ECTS credits are awarded for these courses, which correspond to approximately 50 hours of language classes and cultural excursion. These courses are graded either pass or fail.


List of Courses

First Semester: 30 ECTS Credits


Second Semester: 30 ECTS Credits


In each semester, students may elect to attend tutorials in Economics and Mathematics without grade or accumulating any ECTS credits. In addition, students have access to a computer laboratory with tutorship organised as necessary.


Course Organisation:


Prerequisites: In addition to the regular courses of the programme, further courses in mathematics may be offered to QEM students who have not taken them before (such courses may be mandatory for some students if the Director of Studies deems this necessary). These courses shall not count toward the required 60 ECTS credits for the first year of the programme. For example, subject to change, courses may be offered in: