Majors in Economics & Business

Economics & Business

Economics & Business Majors

The majors offered by the Economics and Business department are developed to provide students with a background in the main topics in the field of economics and business administration. Depending on the specific major, students gain insights in general economic theory, both macro- and microeconomics, in economics within businesses, such as organisation theory and marketing, but also in the societal impact of economics and business in courses such as leadership and political economy.

  • Are you interested in the working of markets or the mechanisms behind economic growth? Or would you like to know more on how consumers and firms make decisions and how these choices affect the economy? And do you have an affinity with mathematics? Then a major or minor in Economics could be the right choice for you.

    The major in Economics will give you a thorough understanding of economic theories. In our courses, which were developed in close collaboration with the Erasmus School of Economics, we enable you to further develop your analytical and problem-solving skills. In addition, we provide you with a strong set of tools to identify and analyse problems in and outside the world of economics. This makes students majoring in Economics all-round players: wherever they are, they should feel at home and be ready to think, act and take responsibility based on their economic knowledge and acquired skills. After successfully completing the major, you are in principle eligible for the Master programmes in Economics & Business offered by the Erasmus School of Economics.

    Entry requirement

    In order to succeed in many courses in the various majors offered by the Economics and Business department, you will need sufficient skill and knowledge in mathematics. Therefore, successful completion of the EUC course INT200 Mathematics is required for all majors offered by the Economics and Business department.

    Coordinator: T.B. Kik, MSc, LLM

    Mandatory courses at 200 level (40 EC):

    • Microeconomics
    • Applied Game theory
    • Macroeconomics
    • Intermediate Statistics I
    • Foundations of Political Economy
    • Corporate Finance
    • Principles of Econometrics
    • Behavioural Economics

    Mandatory courses at 300 level (15 EC)

    • International Economics
    • Impact Evaluation
    • Economics of Markets & Organisations

    Additionally, 5 EC at 300 level, either

    • offered by the ECB department; or
    • off campus course approved by the Head of the Economics & Business Department and the Examination Board

    The major Economics needs to be concluded with a Capstone of 15 EC 400 level.

    To check the eligibility for master programmes offered by the ESE (Erasmus School of Economics), check their admission requirements for students with a liberal arts and sciences degree. 

  • The major in Business provides students with a solid base of business and economics theories and their applications. Besides gaining insights into the core business disciplines, such as management and marketing, you also learn about the fascinating scientific fields of business strategy, organisational theory and entrepreneurship. In addition, the Business major introduces you to the logic of economic thinking and data analysis, and therefore prepares you well for a future career in business, or a Master’s degree in business. Students that follow this major are in principle eligible for master programmes offered by RSM, except for the master programmes in Accounting & Financial Management, Supply Chain Management and Business Information Management which require additional courses (see link for EUC graduates on RSM’s admission website).

    Entry requirement

    In order to succeed in many courses in the various majors offered by the Economics and Business department, you will need sufficient skill and knowledge in mathematics. Therefore, successful completion of the EUC course INT200 Mathematics is required for all majors offered by the Economics & Business Department.

    Coordinator: Dr A. Petruchenya

    Mandatory courses at 200 level (40 EC):

    • Principles of Management
    • Microeconomics
    • Marketing
    • Intermediate Statistics I
    • Strategy
    • Qualitative Research
    • Corporate Finance
    • Intermediate Statistics II or Principles of Econometrics

    Mandatory courses at 300 level (15 EC)

    • Entrepreneurship
    • Organisational Theory
    • HR Management

    Additionally, 5 EC course at 300 level, either

    • offered by the ECB department; or
    • off campus course approved by the Head of the Economics & Business Department and the Examination Board

    The major Business needs to be concluded with a Capstone of 15 EC 400 level.

    Master programmes offered by the Rotterdam School of Management, Erasmus University (RSM)

    Students that follow this major are in principle eligible for master programmes offered by the RSM, except for the master programmes in Accounting & Financial Management, Supply Chain Management and Business Information Management which require additional courses.

  • The major in Economics, Business & Society is designed to provide students with a broad background in the field of economics and business administration and its impact upon and interaction with society. The combination of courses encourages students to take an active interest in exploring the broader world and teaches them the tools to explore relevant events empirically. Students graduating with a major in Economics, Business & Society should be attractive candidates for general master programmes in governance, public management and policy-making, business and society, or political economy. Given the broad set-up of the major Economics, Business & Society we currently do not propose a predefined minor. However, we expect in future to include courses from the EBS major in an interdisciplinary minor with courses offered by Social & Behavioral Sciences, Humanities, and/or Life Sciences.

    Entry requirement

    In order to succeed in many courses in the various majors offered by the Economics and Business department, you will need sufficient skill and knowledge in mathematics. Therefore, successful completion of the course EUC NT200 Mathematics is required for all majors offered by the Economics and Business department.

    Coordinator: Dr C. van Wijnbergen

    Mandatory courses at 200 level (40 EC):

    • Principles of Management
    • Microeconomics
    • Leadership Studies
    • Macroeconomics
    • Intermediate Statistics I
    • Qualitative Research
    • Foundations of Political Economy
    • Intermediate Statistics II or Principles of Econometrics

    Mandatory courses at 300 level (15 EC)

    • Impact Evaluation
    • International Business and Society
    • HR Management

    Additionally, 5 EC course at 300 level, either

    • offered by the ECB department; or
    • off campus course approved by the Head of the Economics & Business Department and the Examination Board

    The major Economics, Business & Society needs to be concluded with a Capstone of 15 EC 400 level.

  • The major in Philosophy, Politics & Economics (PPE) is intended for students with a keen interest in diverse perspectives on contemporary issues. By combining courses from the departments of Humanities, Economics & Business and Social & Behavioural Sciences, students will gain insight in the various ways in which these respective disciplines frame and analyse, the social, economic and political developments that have shaped societies in the past and will continue to do so in the future. Throughout the major, students address themes that are pivotal to understanding today’s world – from the emergence of industrial societies and the rise of network societies to micro- and macroeconomy and from globalisation and international relations to political economies and policy frameworks. Students also discuss the works of classical scholars such as Plato and Aristotle, Adam Smith and Karl Marx, Max Weber and Emile Durkheim, alongside various other key texts from the disciplines of philosophy, economy and social sciences.

    The PPE major thus offers a comprehensive introduction to the core subjects in Politics, Philosophy and Economics, augmented by (interdisciplinary) courses on themes and subjects that cross the boundaries between these fields, as well as skills courses. To reflect this multi- and interdisciplinary nature, students are asked to choose from each discipline the following core courses, as well as 15 EC in electives from within the fields.

    Entry requirement

    For the PPE major it is required to successfully complete the EUC course INT200 Mathematics.

    Coordinator: Dr Robin van den Akker

    Mandatory courses at 200 level (60 EC)

    • Microeconomics
    • Macroeconomics
    • Foundations of Political Economy
    • Late Modernity
    • Critical Theory
    • Understanding Politics
    • International Relations
    • Political Institutions & Public Governance
    • Early Modern Political Philosophy
    • Intermediate Statistics I
    • Intermediate Statistics II, or Principles of Econometrics
    • Qualitative Methods

    Mandatory courses at 300 level (15 EC)

    • International Economics
    • Contemporary Political Philosophy
    • Aesthetics & Politics

    Additionally at least 15 EC in courses at 200/300 level, with at least 5 EC on 300 level, choose from:

    • The Climate Crisis: Ecology, Economics & Politics in the Anthropocene (200 level)
    • Applied Game Theory (200 level)
    • Behavioural Economics (200 level)
    • Feminist Philosophy: Bodies, Boundaries & Beyond (300 level)
    • Post-Colonial Theory: Critical Perspectives from the Global South (300 level)
    • Multiple Modernities: Historical Perspectives from the Global South (300 level)
    • Close Reading Nietzsche (300 level)
    • Conflict Resolution (300 level)
    • Security studies (300 level)
    • Global view on Migration (300 level)
    • Islam: a Political History (300 level)
    • Middle East Politics (300 level)
    • History, Politics & Economics of European Integration (300 level)
    • Economics of Markets & Organisations (300 level)
    • Impact Evaluation (300 level)
    • Off campus / exchange courses approved by the Head of the Humanities Department and the Examination Board (200/300 level)

    The major Philosophy, Politics & Economics needs to be concluded with a Capstone of 15 EC.

Please note that some of the courses on 200/300 Level have entry requirements. If you have a specific query regarding such a matter please contact the Office of Student and Educational Affairs

Furthermore, students may request approval from both the Head of the Economics & Business Department, as well as the Examination Board to take suitable 300 level courses off-campus as part of the requirements for their Major. Note: These majors, courses, and requirements may be subject to change.