Basic information

Code: BIZ40401

Extent: 24 cr

Language: English

Organizing department: Department of Economics, BIZ

Professor in charge: Juuso Välimäki

Administrative contact: Laura Törmälä

Target group: MSc. students who have completed BSc. or BSc. level minor in Economics

Degree students at Aalto School of Business do not need to separately apply for a study right for the minor.

Quotas and restrictions: Degree students at Aalto School of Business do not need to separately apply for a study right for the minor. Note that many of the courses that can be included in the minor are open for all Aalto students without a separate application (see course listings below).

Content and structure of the minor

This minor is meant for students who already have completed BSc or minor in Economics. The precondition is that the previous studies include both Microeconomics and Macroeconomics and sufficient methodological studies (31C01100 Mathematics for economists or equivalent, as well as introductory Econometrics).

A minor in economics provides an understanding of fundamental economic theories and institutions, as well as an ability to apply the information analytically in practical settings. It qualifies students to understand the connection between micro- and macroeconomic questions as well as to see the causality between such questions. The minor study module in economics develops both analytical thinking and academic insights.

Structure of studies 24 cr

Mandatory 12 cr

CodeNameECTSperiodCourse open for all Aalto degree students?


Capstone: Microeconomic Policy





Macroeconomics: Policy




Electives 12 cr
Choose the rest from the following:

*) Not lectured in 2018-2019 or 2019-2020

**) Lectured only 2018-2019

***) Topics in Economics is usually taught by a visiting lecturer. Topic may vary from year to year and the course is not necessarily offered every year.

****) Only lectured in 2019-2020. The course will be lectured in Economicum (Arkadiankatu 7, Helsinki). See WebOodi for more information.

Also courses offered within HECER cooperation by the University of Helsinki can be included in the electives.