PROGRAM - Universitat Pompeu Fabra, Barcelona (Spain)
See http://www.econ.upf.es/eng/graduates/gpem/
Course Offerings
1. Preliminary Level Courses
The preliminary level courses at the Universitat Pompeu Fabra coincide
with the Master of Science (MSc) in Economics, a one-year program. The
academic year comprises three teaching quarters of 10 weeks each. Each
course lasts one quarter. Students in the MSc in Economics are required
to take nine courses . The students' course programs must be approved
by the director of the MSc in Economics.
All students are strongly advised to take the intensive three-week review
courses in Mathematics and Statistics, which will be taught during the
month of September, before the official start of graduate courses.
The list of the courses offered in the 2003-2004 academic year is given
below. (Students should be aware that changes are likely to occur in
the next academic year. Names in brackets correspond to the 2002-2003
instructors of the courses.).
Compulsory courses
Applied Time Series Analysis (A. Marcet)
Econometrics (J. García-Montalvo)
Macroeconomics I (C. Haefke)
Macroeconomics II (K. Aoki/ J. Galí)
Advanced Macroeconomics (X. Sala-i-Martin)
Microeconometrics (J. García)
Microeconomics I (F. Germano)
Microeconomics II (A. Cabrales)
Advanced Microeconomics (S. Hurkens)
Optional courses
Banking (X. Freixas)
Corporate Finance (V. Cunyat)
Economic History (H. J. Voth)
Experimental Economics (R. Nagel)
Financial Economics I (B. Urosevic)
Financial Economics II (J. Marin/ G. Cespa)
International Finance (J. Ventura)
Industrial Organization (D. Jeon)
International Trade (G. Gancia)
Public Economics (J. Shapiro)
Topics in Health Economics (G. Lopez Casasnovas/ J.L. Pinto)
Optional courses also include any course in the MSc in Management program
or courses in the PhD program.
Students will obtain the Master of Science degree or Master of Science
(Honours) degree on successful completion of the program, the latter
degree being awarded to students who have shown excellence in their
course work and exams.
2. Advanced Level Courses
In order to be admitted to the advanced level of the EDP, students need
to complete with honours the MSc in Economics.
During the advanced year, students are expected to complete six courses
selected among the PhD courses (see list below), including a compulsory
course in Real Analysis, Measure Theory. They must also make a presentation
in one of the following workshops:
Microeconomics
CREI Macroeconomics
Business, Finance and Management
Statistics and Operations Research
Labour and Public Finance
PhD courses
• Advanced Labor Economics (J.V. Rodríguez)
Applied Game Theory (E. Hauk)
Growth (A. Ciccone / R. Ranciere)
Income Distribution (J. M. Esteban)
Topics in Micro-Macro-Finance (A. Marcet / J. P. Nicolini)
• Monetary Economics I (K. Aoki/ J. Gali)
Monetary Economics II (F. Canova)
Prediction, Learning and Games (G. Lugosi)
Real Analysis, Measure Theory (G. Lugosi)
Simulation Methods (M. Reiter)
Topics in Macroeconomics (R. Marimon / T. Kehoe)
At the end of the second year, students are expected to submit a thesis
project for approval. During that year, they should present an original
paper in a workshop.
Students fulfilling the requirements above will be declared PhD candidates.
During the following years, until their thesis is finally approved,
students have to submit, yearly, their work in progress to one workshop.
In addition to the regular courses, other courses on special topics
will be given by invited professors of international reputation. These
courses last several days and are strongly recommended to all the students
in the PhD program.
Students satisfying the thesis requirements will be awarded a PhD degree.
The dissertation must be a piece of original research, making a significant
contribution to applied or theoretical economics. It must be of high
quality and up to international standards.
Degree Requirements
1. Language
Since all courses are taught in English, a high level of written and
spoken English is required of applicants. Sufficient evidence of this
knowledge is to be provided by the student.
Competence in English is demonstrated by obtaining results higher than
550 (Paper Based Test) or 220 (Computer Based Test) on the TOEFL, a
Cambridge Proficiency Certificate with grade A-C, a Cambridge First
Certificate with grade A or a British Council IELTS with a grade of
at least 6.
2. Admission
Admission is based on academic merit and talent. Any information that
may help to assess it is welcome.
A university degree is necessary to enter the preliminary year courses
(MSc), although it is not required when applying.
To be admitted in the MSc in Economics the student must have a strong
background in economics and quantitative methods. If a student does
not have the required background, admission will be conditional on taking
the appropriate courses.
All applications must be made on the appropriate application form, also
to be found in the Department of Economics and Business home page at
: http://www.econ.upf.es/gpem .
Applications should be accompanied by:
* Two letters of recommendation
* Academic transcript
* Curriculum vitae
* Passport (or DNI for Spanish citizens) photocopy
* Proof of knowledge of the English language
* A statement of purpose
* Any other relevant information.
Prospective students are encouraged to provide their Graduate Record
Examination Test (GRE) scores. UPF code is 0075.
Although not compulsory, students should be aware that GRE results are
often a key element for admission decisions. Information on the GRE
may be obtained by writing to:
GRE-ETS
P. O. Box 6000
Princeton, NJ 08541, USA.
http://www.gre.org
All applications must be submitted before May 31st.
Applications for admission should be submitted to:
The Graduate Program in Economics and Management (GPEM)
Universitat Pompeu Fabra
Ramon Trias Fargas 25-27
08005 Barcelona, Spain
Tel.: 34-93-542 27 38
Fax : 34-93-542 25 33
e-mail: gpem.dee@llis.upf.es
The brochure and the application form can be obtained at:
http://www.econ.upf.es/gpem
Finance and Fees
The Department of Economics and Business provides some
funds for graduate students. These will be awarded on academic merit,
although financial need may also be considered. Funding includes:
- Full or partial tuition grants.
- A number of teaching assistantships, which are offered to students
with knowledge of the languages used in the undergraduate university
courses: Catalan, Spanish and English.
- A few research assistantships connected with research being done at
the Department.
The Department of Economics and Business is host to doctoral students
awarded with the Training and Mobility of Researchers (TMR) scholarship
of the European Union (EU). All non-Spanish EU students can apply for
these scholarships once they have been accepted in our programme. To
apply, students should contact the TMR office:
European Commission
Research Training Grants
Rue Montoyer 75
B-1040 Brussels
http://www.cordis.lu/tmr
Students from Eastern Europe should apply for scholarships to:
Tacis Ace Programme
Rue de la Loi, 26
B-1040 Brussels
Belgium
http://www.cordis.lu/
Outside financial assistance is available from both public and private
sources. Examples of scholarships obtained by current GPEM students
include EU programs, Soros Foundation, Generalitat de Catalunya and
Spanish Ministry of Education.
The GPEM has so far been successful in channelling funds to all students
in the doctorate program and to many students in the master program.
Students should be aware that the possession of outside financial help
is looked at very favourably by the GPEM Admissions Committee. It should
also be understood that most forms of financial aid offered by the GPEM
are not compatible with any other scholarships or grants.
During the academic year 2003-2004, the fee for the MSc programs (first
year) is 7,750 euros.
The annual fee for the PhD program (second year and beyond) is around
1300 euros depending on number of credits. The fee for the PhD program
is waived for students holding a Teaching Assistantship or Scholarship
from UPF, the Spanish Government or the Catalan Government.
Members of the Program Committee
Benito Arrunada, Professor of Business
Antoni Bosch-Domènech, Professor of Economics
Antonio Cabrales, Associate Professor of Economics
Xavier Calsamiglian, Professor of Economics
Albert Carreras, Professor of History
Antonio Ciccone, Associate Professor of Economics
Xavier Freixas, Professor of Economics
José García Montalvo, Associate Professor of Economics
Fabrizio Germano, Assistant Professor
Michael J. Greenacre, Professor of Statistics
Guillem Lopez Casasnovas, Professor of Economics
Albert Marcet, Professor of Economics
Ramon Marimon, Professor of Economics
José Marín, Associate Professor of Finance
Xavier Sala-i-Martin, Professor of Economics, University of Columbia
and Universitat Pompeu Fabra.
Albert Satorra, Professor of Statistics
Daniel Serra, Professor of Economics
