The MSc in Economics with Thesis is a research-intensive graduate program designed for students aiming to build advanced analytical and quantitative skills in economics. It combines rigorous coursework in economic theory and research methods with a strong focus on specialization through electives and independent thesis research.
This program is ideal for those pursuing careers in economic consultancy, policy analysis, government research departments, or academic institutions.
Students complete a total of 7 courses, a Seminar for Thesis, and an individual research Thesis.
ECON501 – Microeconomic Analysis
Advanced study of consumer behavior, firm theory, market structures, and general equilibrium.
Credits: 3 | ECTS: 8
ECON502 – Macroeconomic Analysis
Covers modern macroeconomic models, growth theory, fiscal/monetary policy, and open economy macro.
Credits: 3 | ECTS: 8
MGMT500 – Research Methods
Introduction to academic research methodology, literature review techniques, and data interpretation in social sciences.
Credits: 3 | ECTS: 8
Students select from the following list depending on their interests:
ECON503 – Economic Thought
Credits: 3 | ECTS: 7
ECON504 – International Economics
Credits: 3 | ECTS: 7
ECON510 – Econometrics
Credits: 3 | ECTS: 8
ECON511 – Economic Development
Credits: 3 | ECTS: 7
ECON512 – Turkish Economy
Credits: 3 | ECTS: 7
ECON513 – International Political Economy
Credits: 3 | ECTS: 7
ECON514 – Economic Policies of the EU
Credits: 3 | ECTS: 7
ECON515 – Globalization & Economic Issues
Credits: 3 | ECTS: 8
ECON516 – Public Finance
Credits: 3 | ECTS: 7
ECON517 – Welfare Economics
Credits: 3 | ECTS: 7
ECON518 – Gender Economics
Credits: 3 | ECTS: 7
ECON519 – Environmental Economics
Credits: 3 | ECTS: 7
ECON520 – Advanced Statistics
Credits: 3 | ECTS: 7
Faculty Elective I
Credits: 3 | ECTS: 7
Faculty Elective II
Credits: 3 | ECTS: 7
TSES580 – Seminar for Thesis
Students present their research plan and progress. Emphasizes academic presentation, literature review, and feedback.
Non-Credit | ECTS: 15
THES590 – Master’s Thesis
The final stage of the program, requiring students to produce and defend a research-based thesis under supervision.
Non-Credit | ECTS: 30
Students without an economics background may be asked to complete the following before starting the MSc:
ECON101 – Introduction to Economics I
ECON102 – Introduction to Economics II
BUS205 – Statistics I
BUS307 – Business Finance
ECON410 – Econometrics
To successfully complete the program, students must:
Earn a minimum of 7 approved course completions
Pass the Seminar for Thesis with satisfactory participation
Complete and defend a Master’s Thesis
Maintain a minimum GPA as defined by university regulations
Fulfill 120 ECTS credits
Bachelor’s degree in Economics or a related discipline
Academic transcripts and degree certificates
English proficiency (IELTS/TOEFL or equivalent)
Statement of purpose or research interest
CV or resume
Interview (if required)
Coursework: Based on midterms, finals, term projects, and class participation
Seminar: Presentation and participation
Thesis: Evaluated by supervisor and committee
Minimum Passing Grade: C in individual courses
Graduates of the MSc in Economics (Thesis) program can pursue roles such as:
Economic analyst or advisor in government or NGOs
Researcher at think tanks and policy institutions
Analyst or economist at banks and financial institutions
Ph.D. candidate in Economics or related fields
Lecturer in academic institutions
Research-focused training in core and emerging economic fields
Strong foundation for doctoral studies
Opportunity to explore interdisciplinary electives
Skill-building in quantitative methods, policy evaluation, and econometric modeling
Faculty mentorship throughout thesis development
Founded in 1985, GAU is Cyprus’s first private university, recognized globally for its innovative education and international reach. With a presence across three continents, GAU focuses on accessibility, relevance, and excellence, shaping students into global leaders.
The MSc in Economics (with Thesis) equips students with strong analytical and research capabilities in economics. The combination of core knowledge, specialized study, and research practice positions graduates for impactful roles in academia, policy, finance, and global institutions.
An NCC Accredited Institute, We are committed to groom the youth of society to play an instrumental role in ever evolving modern day job market and entrepreneurial opportunities.
