Welcome! Dr. Bas van Groezen Academic Director BSc Economics, Teacher & Researcher

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1 Information session Bachelor Economics October 24, 2014

2 Welcome! Dr. Bas van Groezen Academic Director BSc Economics, Teacher & Researcher Drs. Linda van Klink Program Coordinator BSc Economics, Student Advisor 2

3 Programme What is Economics about? The programme After the Bachelor 3

4 What is Economics about? Economics ( Algemene Economie ) is not Business ( Bedrijfseconomie, IBA) Economics: micro- and macroeconomics about our daily lives and the economy around us Business: accounting, finance, marketing, organisation about the ins and outs of a firm 4

5 Microeconomics Micro: How people, firms and governments make choices prices competition market power contracts insurances taxes and subsidies irrational behaviour etc. 5

6 Macroeconomics Macro: How these choices affect the economy as a whole economic growth unemployment inflation interest rates exchange rates international trade foreign aid government debt etc. 6

7 Economics in the news What happens if the central bank changes its monetary policy? 7

8 Economics in the news Euro/dollar exchange rate 8

9 Economics in the news How do trade barriers affect the economy? 9

10 Economics in the news October 13,

11 Economics in the news When do firms abuse their market power? 11

12 Features & international focus Features Unique in the Netherlands Selective Small scale (60-70 students per year) Personal guidance Interactive classes with different teaching methods Quantitative approach International focus ± 66% foreign students Completely in English International teacher team Strong focus on global issues Possibility of one semester study abroad Access to a wide range of (inter)national master programs 12

13 The program semester 1 semester 2 year 1 year 2 year 3 1. Micro-1 2. Macro-1 3. Statistics 4. Mathematics-1 5. Business: Accounting 1. Micro-3 2. Macro-3 3. International Trade 4. Econometrics 5. Philosophy, Science & Free Markets Electives in Tilburg / abroad 1. Micro-2 2. Macro-2 3. Financial Economics 4. Mathematics-2 5. Business: Finance 1. Micro-4 2. Macro-4 3. Public Sector Economics 4. Development Economics 5. Philosophy of Economics & Ethics 3 Specialised electives Bachelor Thesis 13

14 Year 3: Specialization Semester 1 Electives (economics, finance, econometrics,...) in Tilburg or abroad Semester 2 Three research-based electives Competition Policy and Regulation Environmental Economics Experimental and Behavioural Economics Health Economics Labour Economics The Economics of Banking and Finance Individual bachelor thesis under supervision some examples can be see at the informaon market 14

15 After graduation

16 Possible Master programmes Direct access Master Economics Master International Business Taxation Research Master Access conditional on an elective course Master Accounting Master Finance at Tilburg University, elsewhere in the Netherlands, or abroad 16

17 Examples of Economics alumni What are our graduates of last year (June 2014) doing now? Tilburg University master Economics, Finance, Econometrics, Research Master Erasmus University Rotterdam master Economics, Accounting, Finance University of Amsterdam master Accounting Duisenberg School of Finance master Finance Ministry of Foreign Affairs (The Hague) internship University of Bonn (Germany) master Economics Université Catholique de Louvain (Belgium) research master Economics Stockholm School of Economics (Sweden) master Economics London School of Economics (UK) master Economics University College London (UK) master Economics University of Cambridge (UK) research master Economics Warwick University (UK) master Economics 17

18 Career perspectives Private sector banks, multinationals, insurance companies, consultancy firms, Public sector CPB, ministries, central banks, EU, supervisory bodies, Semi-public sector universities (researcher), high schools (teacher), pension funds, IMF, World Bank, 18

19 Examples of current job vacancies Vacature Onderzoeker Agrifood Ketens (LEI - Den Haag) Het LEI is een internationaal toonaangevend, sociaal- economisch onderzoeksinstituut. De unieke data, modellen en kennis van het LEI ondersteunen opdrachtgevers bij beleid en besluitvorming en dragen uiteindelijk bij aan een duurzamere wereld. Als Onderzoeker Agrifood Ketens bij het LEI in Den Haag pas je je algemeen economische kennis toe op (micro-)economische vraagstukken op het gebied van agrifoodketens, zoals: De concurrentiekracht van bedrijven en sectoren op (internationale) agrifoodmarkten De marktorganisatie, mededinging en prijsvorming; Het innovatiegedrag in de agrifoodsector. Denk bijvoorbeeld aan een actueel thema als de impact van Russische sancties op de agrifoodsector. Je opleiding en ervaring: Je hebt een universitaire opleiding algemene economie of bedrijfseconomie 19

20 Examples of current job vacancies 20

21 Examples of current job vacancies 21

22 Examples of current job vacancies 22

23 Examples of current job vacancies 23

24 One of our alumni Bachelor Economics, Tilburg Master Economics, Tilburg Master Economics for Development, Oxford 24 24

25 One of our alumni Bachelor Economics, Tilburg Master Finance, Tilburg 25 25

26 More of our alumni More examples of BSc Economics alumni: https://www.linkedin.com/pub/maarten-de-ridder/14/511/777 https://www.linkedin.com/pub/yingying-he/28/384/b27 https://www.linkedin.com/in/akasharasu https://www.linkedin.com/in/andreeavictoriapopescu https://www.linkedin.com/pub/christopher-starmans/38/867/617 https://www.linkedin.com/pub/erifili-mano/73/317/602 https://www.linkedin.com/in/oscarriveraa https://www.linkedin.com/pub/shiqiang-sky-huang/27/69/b94 https://www.linkedin.com/pub/denise-klop/3b/552/985 https://www.linkedin.com/in/wefongma https://www.linkedin.com/pub/xin-wang/5b/474/a81 26

27 Student profile The typical Economics student is interested in general-economic topics not afraid of (some) quantitative and analytical approaches internationally oriented willing to work hard eager to interact with other students and teachers in small groups Application deadline: May 1 st Econasium at VWO: automatic admission to BSc Economics exemption for team assignment in Statistics course 27

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