International Bachelor Economics and Business Economics

Study programme

After having laid the groundwork in the first two years in economics, business economics and quantitative courses, you can choose from a variety of elective courses and specialisations in your third year. Of course, we honour the name of this programme by encouraging you to explore international perspectives and take classes abroad.

Year one: laying the groundwork

The International Bachelor Economics and Business Economics, concentrates on worldwide issues related to economics and business. Your first year is divided into five blocks of eight weeks. Each block consists of three courses: one economics course, one course in business economics and one (or more) support course(s) or skills training.

Subjects range from marketing to mathematics, and accounting to organisation and strategy. In separate sessions, led by a student mentor, you will work on your skills in studying, presentation, writing and debating.

Years two and three: adding breadth and depth to knowledge, skills and experience

Your second year is again structured around three disciplines. You will deepen your knowledge of the subjects introduced in the first year. You will also be introduced to several new subjects like international economics, finance and economics of ageing. Not just in theory: all courses consist of lectures as well as assignments in small-scaled work groups.

In your third and final year the choice is yours. You will pick your major and have the chance to add more breadth to your studies with electives and a minor. Now is also the time to do an internship or take part in an exchange programme at one of our many partner universities abroad.

In class
In your first year course in microeconomics, you will learn the basic theories of rational and game theoretic choice (of any economic actor, including individuals, firms and government agencies). You will also see how these theories apply to and predict real world behaviour of people, firms and governments, through direct concrete examples worked out during the exercise sessions.

International character

The fact that each International Bachelor Economics and Business Economics cohort is made up of 50% international students from all over the world (as opposed to foreigners already living in the Netherlands), implies that class group thinking, the in-class examples and the interactions in but also between classes are much more intercultural and global than what happens in other programmes. Thus, participating in the International Bachelor Economics and Business Economics programme provides students with a unique way to avoid studying the outside world through their own ethnocentric lens (for example, a European student looking at the outside world through their set of European-centred values and beliefs), a recurrent issue in socio-economic studies.

Disclaimer: The overview below shows the programme curriculum for the academic year 2019/2020.

Course overview

    • Block 1

      • The Take-Off is the introduction event for all new students of Erasmus School of Economics. During this interesting introduction event, you will be provided with useful practical information and receive an introduction to your studies, meet your fellow students and our School.

        • Properties of functions
        • Differentiation
        • Single variable optimization
        • Functions of many variables
        • Tools for comparative statics
        • Multivariable optimization
        • Constrained optimization
      • The course includes, but is not limited to the following topics:

        • Basic bookkeeping techniques
        • Purchase and sale of goods
        • Depreciation of fixed assets
        • Accounting for bad debts
      • This course lasts the entire year

        Block 1: Academic Study Skills

        Block 2: Academic Presentation Skills

        Block 3: Academic Writing Skills

        Block 4: Academic Research Skills

        Block 5: Academic Skills Research Project

    • Block 2

        • The first part of the course deals with the theory of the consumer.
        • The second part focuses on the theory of the firm, and includes the topics of firm production and firm cost.
        • The last part of the course turns to market structures, to the joint analysis of firm and consumer behavior within a market and to factor markets.
      • The aim of this course is to identify the importance of ICT in business.

      • This course lasts the entire year

        Block 1: Academic Study Skills

        Block 2: Academic Presentation Skills

        Block 3: Academic Writing Skills

        Block 4: Academic Research Skills

        Block 5: Academic Skills Research Project

    • Block 3

      • The course includes:

        • Interactions between money markets and goods markets;
        • The impact of government policy on aggregate employment and output;
      • The aim of this course is to obtain an understanding of the role that mathematics plays in the economic sciences

      • This course lasts the entire year

        Block 1: Academic Study Skills

        Block 2: Academic Presentation Skills

        Block 3: Academic Writing Skills

        Block 4: Academic Research Skills

        Block 5: Academic Skills Research Project

    • Block 4

      • This course lasts the entire year

        Block 1: Academic Study Skills

        Block 2: Academic Presentation Skills

        Block 3: Academic Writing Skills

        Block 4: Academic Research Skills

        Block 5: Academic Skills Research Project

    • Block 5

      • The contents of the course organisation and strategy cover three blocks: the firm, the market, and the [macro-]environment.

      • This course lasts the entire year

        Block 1: Academic Study Skills

        Block 2: Academic Presentation Skills

        Block 3: Academic Writing Skills

        Block 4: Academic Research Skills

        Block 5: Academic Skills Research Project

    • Block 1

      • The course international economics focuses primarily on the world economy as such and the relationships between countries and trading blocks regarding international trade, capital flows, economic growth, exchange rates and financial crises.

      • After this course you will be:
        i) more critical of debates about welfare policies in Europe;
        ii) able to distinguish equity from efficiency motivations for social policies;
        iii) able analyse the design of welfare policies;
        iv) able to assess the validity of empirical analyses of welfare issues;
        v) practised in developing a logical, coherent argument.

    • Block 2

      • The goal of this course is to provide an understanding of the fundamentals in corporate finance and investments.

      • This course follows on the course on descriptive statistics in Applied Statistics 1 (FEB11005) and prepares the ground for active scientific research in later courses (Methods and Techniques FEB12012, Research Project FEB12013, in seminar and thesis projects, and later in jobs requiring skills in doing and interpreting applied research).

    • Block 3

      • The course consists of two parts: personnel economics and public economics.

      • The history of economic thought helps us to understand why economists think they way they do today. It describes how theoretical frameworks have changed over time.

    • Block 4

      • This course will give an overview of the limitations of traditional economic and financial models and how they can be improved upon by using psychological insights.

        * See Transition Regulation 2019-2020

    • Block 5

      • The aim of this course is to develop understanding of the theory and practice of providing internal information (Management Accounting) and external information (Financial Accounting), necessary for decision making purposes by stakeholders of an organization. 

      • The Research Project has two aims: (1) Apply the methods and techniques learnt in the first two bachelor years, and (2) Preparation for  the bachelor thesis. 

    • Block 1

      • Erasmus School of Economics offers minors in the first block of each academic year in the third Bachelor year.

        * Students are allowed to replace the Minor with studying abroad, or with an internship.

    • Block 2(+3)

      • The electives represent a choice of supplementary but fascinating academic views from the specialisation that you have chosen.

        The elective space is 12 cr when the Minor is rounded off at 12 cr, and 9 cr when the Minor is rounded off at 15 cr.

    • Block 3+4

    • Block 5

      • This is an introductory course in the philosophy of economics. Both classical texts and more recent research in the areas of economic methodology and ethics & economics will be discussed and commented on.

      • The thesis is the crown on your Bachelor’s degree programme.