Are you a freshman in Ecomomics? Please find here information for Entering students.
The study of Economics comes under the economic sciences and deals with conditions and processes in entire political economies, such as national states.
The point of departure for all contemplation is the assumption that the factors of production with which economies generate their goods and services (e.g. workforce, capital or material) are not available on an unlimited scale. In using these resources, economies must therefore seek to operate at optimum conditions to achieve their objectives. The bachelor's program in Economics prepares you to solve these problems most effectively.
Some examples of the questions Economics students look at
- How are resources used in an economy, what goods are produced and how is income distributed?
- What role do market processes, economic and institutional parameters and the government play in this context?
- What methods can be used to capture economic processes in a structured manner?
- What fundamental findings are there in key economic areas such as growth, employment, sector-specific economics and public finance?
More specific questions
- What determines the price of a good?
- How much does a company produce?
- How much does a consumer consume?
- How do market power and monopolies come about?
- How is growth generated?
- What causes unemployment?
- When does inflation occur?
- What are the effects of foreign trade?
- What role does government play in economics?
- What are the effects of taxation and public debt used to finance public goods?
The Bachelor programme in Economics conveys core competencies that can be applied to a variety of activities in economic life. In particular, students acquire knowledge of economic and formal methodologies for the analysis of micro- and macroeconomic issues prevailing in modern national economies. This specific methodological competence distinguishes graduates of Economics from those of other branches of study.
Depending on your personal priorities, you can profit from a wide array of career prospects at home and abroad, in private and public corporations, foundations, trade unions, associations and chambers. Whatever you decide on, we will support your ambitions, for example through the WiSo Career Service.
Diversity and freedom of choice
An outstanding feature of the course of study is its multidisciplinarity: we offer a wide range of courses that allow you to design your studies according to your personal interests and goals, thus providing a broad economic and social science education. In addition, the excellent international academic reputation of the faculty is reflected in the teaching content. The focus of the study programme is on teaching the basics of economics as well as its mathematical, statistical and econometric methods. In the further course of studies, business management skills are taught. A specialisation in terms of content takes place in the second half of the programme. The study programme can be combined with a semester abroad at one of our more than 130 partner universities.
I think it’s important to learn about different perspectives and that’s why I chose to study here in Cologne.
The Alumni Network as a career jump
By enrolling in the programme you are already part of a large network of current and former students, our alumni. This gives you exclusive access to the practical and business world during and after your studies. Series of events and special coaching programmes establish contact with companies and other potential employers. To give you a better idea of your individual study time at the WiSo-Faculty, our alumni from business, science and society report about their experiences during their studies as well as their professional careers and challenges: www.ukoeln.de/SGVY1 or Google "WiSo Alumni".
A course of studies is divided into five subjects and the bachelor thesis. The standard period of study is six semesters comprising 180 ECTS credit points.
Detailed information regarding the course structure can be found on our homepage in the area of programme structure.
Expectations and Requirements
The following skills and personal competencies pave the way for successful studies:
- Commitment to achievement and capacity for teamwork
- Independent, target- and performance-oriented learning
- High level of motivation to deal with economic questions and problems
- Mathematical skills and a good command of German and English
By taking the online math test, prospective students can compare their knowledge and skills against the requirements of most of the degree programmes at the WiSo-Faculty here (only German introduction).
Application Deadlines and Online Application
15 July for the start of studies in winter semester
15 January for the start of studies in summer semester
We are looking forward to your application!