Basic information

Code: BIZ5041

Extent: 24 cr

Language: English

Organizing department: Department of Economics, BIZ

Professor in charge: Juuso Välimäki

Administrative contact: Elina Yrjänäinen

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

Application procedure: No

Quotas and restrictions: All Aalto students can choose this minor. However, many courses have limited number of seats and students are selected according to the order of priority confirmed in the course description.  You should pay attention to the course-specific prerequisites and make sure you meet them in order to succeed in the courses.

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

6 cr




Macroeconomics: Policy

6 cr



Electives 12 cr
Choose the rest from the following:

*) Not lectured in 2020-2021 or 2021-2022

**) Lectured only 2021-2022

***) 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.