Economics minor

What guides people’s behaviour? Usually it is considerations of the costs and benefits of an action that are decisive. Economics applies this principle not only to economic actors, but also to parties and politicians, bureaucracies and organisational authorities, or families.

Studying Economics minor

In the Economics minor you will investigate the economic behavioural factors of individuals and organisations in society and while doing so examine the scientific hypothesis of cost-based or benefit-based behaviour. In doing this, you will acquire the ability to analyse and systematise complex economic and social matters.

Course content

In the Economics minor, you will acquire an economic understanding of how economy and society work. The course of the minor starts in the second semester. Up to the end of the third semester, you will acquire basic knowledge of microeconomics and macroeconomics. Building upon this, you will, in the fourth and fifth semesters, attend deepening modules in microeconomics and macroeconomics, and two electives.

The electives are devoted to themes such as labour market economics, monetary theory and policy, international division of labour, monetary foreign trade, theories of economic policy, environmental and resource economics and multivariate analytical procedures.

Course Structure

The Economics minor is embedded in the interdisciplinary College study model with Leuphana Semester, Major and Complementary Studies. You start your Bachelor studies with the Leuphana semester. The first semester at Leuphana College gives you the opportunity to deal fundamentally with science. The Minor deepens or supplements your Major with another subject area. In Complementary Studies you have the freedom to pursue your thirst for knowledge individually by immersing yourself in a different field of knowledge each semester.

Compulsory modules

Leuphana Semester

  • Responsibility and Sustainability
  • Humanities
  • Methods I
  • Methods II: Disciplinary Methods
  • Introduction to the discipline

Second semester

  • Microeconomics 1
  • 4 major modules
  • 1 Complementary Studies modules

Third semester

  • Macroeconomics 1
  • 1 Complementary Studies modules

Forth semester

  • Microeconomics 2
  • Macroeconomics 2
  • 3 major modules
  • 1 Complementary Studies module

Fifth semester

  • 2 Elective modules (Labour Market and Employment, State vs. Market or Distribution and Growth)
  • 3 major modules
  • 1 Complementary Studies module

Sixth semester

  • Bachelor dissertation
  • 1 major module
  • 2 Complementary Studies modules

Please note

A basic knowledge of mathematics and statistics for economic sciences is necessary for successful study of the Economics minor. You can acquire this knowledge in e.g. the English-language major International Business Administration & Entrepreneurship and the German-language major Betriebswirtschaftslehre.

Study regulations / Subject-Specific Schedule

Possible combinations of majors (main subjects)

The Economics minor can be studied in combination with one of the following Major:

Language of instruction

ENG English-language major: no German required
GER German-language major: German required

At a galnce

  • final degree: Economics minor can only be studied in combination with a major
  • standard course length: 4 semesters (2 years)
  • admission restrictions: no
  • deadline for applications: 15 July of each year
  • beginning of the course: April of each year (summer semester)
  • number of student places: 106
  • teaching and examination language: German / English*

* Economics is a German-language minor (subsidiary subject). You can study the Economics minor entirely in English.

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