The Economics of Public Policy Program provides students with the theoretical and empirical fundamentals to answer questions that impact entire populations.
How and why do particular public policies get implemented? How are they designed? How do we know if they work? Why are some policies more successful than others?
National-level finance and planning involves big numbers: pensions, health systems, income support, social programs, and so forth. Successful public policies can make all the difference for the lives of millions of individuals, with numbers and effects become much larger for developed countries and faster growing in developing ones.
Students will be drilled in commanding advanced empirical public policy evaluation tools, and will be ready to use these tools in practice.
Students will be exposed to the views of experts from fields other than Economics in order to build an appreciation for the multidisciplinary nature of public policy design and evaluation. A master's advisor will guide each student in completing an independent master's project by the end of the program, allowing specialization in a policy topic of the student's choice.
Our graduates will be prepared to take on analytical positions at public institutions, international organizations, consulting firms, research institutions, and think tanks.
Graduates will also be well-prepared to pursue advanced post-graduate study of Policy or Economics.
In the Fall term, students will have the opportunity to take a brush-up course in mathematics and statistics. This courses is not mandatory but highly recommended to assure a smooth start.
Upon successful completion of the program, students will receive a Master Degree in Specialized Economic Analysis awarded jointly with Universitat Autònoma de Barcelona (UAB) and Universitat Pompeu Fabra (UPF).
All Barcelona GSE master degrees have been recognized by the Catalan and Spanish Education authorities within the framework of the Bologna Process (in Spanish, “Master Universitario o Master Oficial”). Indicadors de qualitat
What skills and knowledge will I acquire in this program?
Confidence in examining and discussion of Economic theory behind the design and evaluation of public policies
Applied analysis in Microeconomics, Macroeconomics, Information Economics, Game Theory, and Political Economy
Command of state-of-the-art empirical tools to evaluate policies and impacts
Expert knowledge of institutional framework contexts where public policies are designed and implemented
Ability to communicate in written technical and non-technical policy reports based on multidisciplinary approaches
Who will benefit from this program?
Students with Business Administration, Economics, International Relations, Political Science, Public Policy, or Statistical backgrounds
Junior analysts or professionals from the workforce looking to upgrade their analytical skills
Aspiring PhD students who want to build a solid foundation
Who hires Economics of Public Policy graduates?
Research and Academic Institutions
International Organizations and Non-profits
Government and Authorities
Examples of recent professional placements:
Center for European Policy Studies (CEPS) - Research Assistant (Maastricht, Netherlands)
Clinton Health Access Initiative - Regional Associate (Washington, DC, USA)
Ernst & Young (EY) - Senior Consultant (Dublin, Ireland)
HM Treasury - Senior Policy Advisor, Head of Agriculture (London, UK)
Innovations for Poverty Action (IPA) - Research Associate (Manila, Philippines)
Organisation for Economic Co-operation and Development (OECD) - Policy Unit Trainee (Paris, France)
Overseas Development Institute (ODI) - ODI Fellowship (Zanzibar)
PIMCO - Account Analyst (London, UK)
Rhode Island Innovative Policy Lab, Brown University - Economic Analyst (Providence, RI, USA)
US Department of Research - Economist (Washington, DC, USA)
Examples of recent PhD placements:
Centre for Monetary and Financial Studies (CEMFI)
German Institute for Economic Research (DIW Berlin)
The main reason why I've decided to study in this program is because I strongly believe Economics must be at the service of people and the real solution to inequality is through inclusive public policies. Studying at BGSE means interacting and learning from people who come from the most diverse backgrounds. Sharing with students from all over the world, combined with the outstanding academic level of our professors provide us a unique environment to acquire necessary tools and knowledge to develop innovative policies destined to work towards a fairer and more sustainable economy.
The expertise in quantitative methods and economics of public policy knowledge that I gained at BGSE is essential to help bridge the communication and information gap between empirical evidence and the decision-making of practitioners. These skills enable me to develop strategies and draw conclusions with confidence when consulting with partners.
Junior Research Fellow / Think Tank Young Professional Development Program
Currently living in
The master program in Economics of Public Policy has been a great asset to me with its distinctive combination of a solid foundation in economic theory with the applied aspect – all accompanied by the teaching of world-class professors.
The ability to interpret scientific research papers has helped me grasp the economics of innovation and firm behavior in the context of intellectual property. The state-of-the-art econometric techniques and focus on policy issues will prove to be particularly useful when I am undertaking applied research in the near future.
Having a tool-set that allows you to think clearly and logically through a position, and the potential pitfalls, is invaluable, and these were continually reinforced with each class that I took in the Economics of Public Policy master's program.