Lublin, Poland

Economics

Ekonomia

Master's
Table of contents
Economics study

Economics at UMCS

Language: PolishStudies in Polish
Subject area: economy and administration
Kind of studies: full-time studies, part-time studies
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Test: check whether Economics is the right major for you!

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Answer all questions to see if a Master's in Economics is the right next step for you!

1. Do you want to deepen your understanding of microeconomic and macroeconomic theory to analyze real-world decisions?

2. Are you interested in acquiring strong quantitative skills such as econometrics, statistical inference, and data modeling?

3. Do you want to study policy design and evaluation to influence economic outcomes at local, national, or global levels?

4. Are you willing to engage in applied research or modeling projects during the two-year program?

5. Do you believe that a two-year master's in Economics will significantly improve your career prospects in academia, public policy, or the private sector?

6. Are you interested in understanding international economic dynamics, trade, and globalization effects?

7. Do you value ethical economic practice, including equity, sustainability, and fair institutional design?

8. Are you motivated to apply economic analysis to issues like inequality, environmental challenges, or development?

9. Are you comfortable collaborating with policymakers, statisticians, sociologists, and business stakeholders?

10. What motivates you most to pursue a Master’s in Economics?

Definitions and quotes

Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Economics
In my youth it was said that what was too silly to be said may be sung. In modern economics it may be put into mathematics.
Ronald Coase, The firm, the market and the law (1988) Chapter 6. A remark on "The problem of social cost" (last sentence).
Economics
To have peace and not war, the drift toward a war economy, as facilitated by the moves and the demands of the sophisticated conservatives, must be stopped; to have peace without slump, the tactics and policies of the practical right must be overcome. The political and economic power of both must be broken. The power of these giants of main drift is both economically and politically anchored; both unions and an independent labor party are needed to struggle effective.
C. Wright Mills, The New Men of Power (1948).
Economics
The field of economics is not exempt from the consequences of chaos and complexity. Marketplaces are indeterminate; value is subjective; and outcomes are subject to interpretation. Economic forecasting is just as nebulous, being based on the probability of statistical information that may or may not be accurate.
L.K. Samuels, In Defense of Chaos: The Chaology of Politics, Economics and Human Action, Cobden Press (2013) p. 16.

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