Economic Development and Globalization

Rijksuniversiteit Groningen

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Deze opleiding

!Deze opleiding communiceert alleen in het Engels.
We tonen daarom de Engelstalige opleidingsinformatie.
Study economic development and globalization in Groningen and learn about the economic development of countries and the impact of economic globalization.

open_in_newstudy website

typeregulier, 60 EC
start1 februari, 1 september
taalvolledig English
opleidingsduur12 maanden voltijd
numerus fixusnee

Increasing international trade and finance is opening up new opportunities for the growth of firms, regions and countries. At the same time, it is posing new challenges as the benefits are not equally distributed and inequality is rising. In the one-year Master's degree in Economic Development and Globalization (MSc ED&G), you will learn the tools to grasp the complex relationships between economic globalization and the economic development of regions and countries. You will use state-of-the-art economic theories to discover the impact of global trade and of financial globalization on economic growth and welfare. As you develop your skills, you will learn to recognise the forces that shape geographical patterns of economic activity. You will learn to advise firms and governments on how to reap the benefits of globalization and international value chains.

For those seeking to augment the one-year programme in Groningen, there are four possibilities to follow a Double Degree: with Fudan University (Shanghai), the University of Göttingen (Germany), Lund University (Sweden) and Corvinus University (Budapest).

Waarom aan de RUG?

  • In the programme, you learn how globalization is changing our world. What is the role of internationally operating organizations, institutions and policies in economic advancement and in bridging the global development gap?
  • The programme has been internationally accredited by the AACSB and EQUIS, ensuring a high-quality education, which only 1% of universities reach worldwide.
  • The programme offers a consistent international setting both in terms of content and orientation at a high level. Graduates are selected to participate in high-level research activities of international organizations (such as the OECD in Paris, Conference Board in New York, and the ILO in Geneva) and national organizations (such as the Dutch Central Bank and The Netherlands' Bureau for Economic Policy Analysis). Our academic staff have strong relationships with international research and consultancy institutes as well as policy advice centers.


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The programme offers two profiles: 'Globalization, Growth and Development' and 'International Capital and Globalization'. You choose a specific set of electives, write your master's thesis on a topic within that theme and receive a certificate as a supplement to your degree.
Economic Development
Elective(s) A MSc ED&G
Elective(s) B MSc ED&G
Foreign Direct Investment & Trade
Master's thesis afstuderen
Research Seminar for ED&G


profiel Globalization, Growth and Development

The global production system is increasingly becoming more fragmented. This raises some important questions. Is manufacturing located in developed or developing countries?

And do fragments have a natural home-base, for example, R&D in developed countries and assembly in developing countries? Some firms participate in this process, others do not. What determines the internationalization choices of firms? What is the role of distance, transportation costs, or language and culture when making these choices? Increasing country specialization has consequences for local labour markets. Are labour markets becoming increasingly specialized as well? Are they becoming more globally integrated, just like commodity markets?
In this profile, students will learn to use tools and methods to answer such questions and to independently carry out analyses of the causes and consequences of globalization.

profiel International Capital and Globalization

There has been high economic growth with increasing financial fragility since the 1990s worldwide.

This was followed by credit crises and recessions in much of the Western world since 2007 and the threat of crisis elsewhere (e.g. China). Students study these developments based on theories of banking, financial markets, international capital flows and exchange rates. How have financial markets and their regulation changed in recent decades? How have changes in exchange rates and capital flows affected policies, for example with respect to the euro area? When is financial development good for economic growth and stability and when does it lead to financial crisis and recession? When do international capital flows contribute positively to an economy and when do they cause harm? What caused the euro crisis and how do we evaluate alternative solutions?
In this profile, students will learn to use tools and methods to answer such questions and to independently carry out analyses of the causes and consequences of (financial) globalization.

specialisatie Energy Focus Area

Focus your MSc on Energy and open up extra career opportunities. The Energy Focus Area requires you to complete two of four possible electives and write an MSc thesis on an energy topic.

specialisatie Master Internship

Opportunity to gain work experience by doing an internship in the second semester of your study.

You will be rewarded 15 ECTS on top of your programme. Your thesis will be postponed to the third semester.

specialisatie Double Degree Master - Central-Eastern European Economics (Budapest)

The two-year double-degree master combines international business and international economics topics, with a special focus on issues of economic transformation and integration.

specialisatie Double Degree Master - International Development Economics (Göttingen)

The two-year double-degree master focuses more on the economic development of low-income countries and a more microeconomic perspective on inequality, poverty and growth.

specialisatie Double Degree Master - Economic Development and Growth (MEDEG, Lund)

This two-year double-degree master combines the analysis of economic development from a long-run, historical perspective with a range of courses in economics and demography.

specialisatie Double Degree Master Chinese Economy and Finance (Shanghai)

Are you interested in an international career in or involving China?

Study in Shanghai after your FEB Master's programme in Groningen and gain first-hand knowledge and experience of China and the economy, finance and culture.


taal van onderwijs100% en
case study, computer exercise, group discussion, group assignment, lecture, individual assignment, literature study, oral presentation, research, research project, research proposal, practicum, project, tutorial, working group, self study
study guidance
Studying means working independently and planning your studies yourself. But successful studying depends on many different factors, so it is understandable that you may need to consult an impartial expert to discuss your study progress and personal circumstances that influence your studies. The faculty's study advisor's are available to help you. Obviously, everything discussed with the study advisor remains confidential.

Toelating en kosten


1 februari 2024

aanmelding deadline : 15 oktober 2023
collegegeld nog niet bekend

1 september 2023

aanmelding deadline : 1 mei 2023
wettelijk tarief : € 2314 (€1157 in het eerste jaar)
instellingstarief : € 17000
niet-EU/EER studenten : € 17800

1 september 2024

aanmelding deadline : 1 mei 2024
collegegeld nog niet bekend

Students with a Dutch diploma can apply directly to Studielink. More information on the steps to apply.

inbegrepen in collegegeld
registration fee

De stad


The Economics and Business Faculty association (EBF) is the faculty association for all students studying at the faculty of Economics and Business of the University of Groningen.
The EBF is your partner during your time in Groningen by organising events that support you with your studies and help you prepare for your future career.


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1/5 RUG
Economic Development and Globalization
€ 303 gemiddelde kamerhuur
? eerstejaars
NAN% vrouw
? uur contacttijd/week
2/5 RUG
DDM Economic Development and Growth (MEDEG)
€ 303 gemiddelde kamerhuur
? eerstejaars
NAN% vrouw
? uur contacttijd/week
3/5 RUG
DDM Chinese Economy and Finance
€ 303 gemiddelde kamerhuur
? eerstejaars
NAN% vrouw
? uur contacttijd/week
4/5 RUG
DDM International Development Economics
€ 303 gemiddelde kamerhuur
? eerstejaars
NAN% vrouw
? uur contacttijd/week
5/5 RUG
DDM Central-East European Economies
€ 303 gemiddelde kamerhuur
? eerstejaars
NAN% vrouw
? uur contacttijd/week
disclaimer: bovenstaande cijfers en beoordelingen zijn aangeleverd door de opleidingen zelf. Wij kunnen de juistheid niet garanderen.

Na de studie

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Beroepsperspectief / arbeidsmarkt

After completing this programme you are a broadly-oriented economist with a strong international profile. You are ready for an international career at multinational firms, in financial institutions, consultancy and public organizations. Jobs such as market analyst, trade expert, global strategy and policy advisor will suit you well.

Graduates of the MSc ED&G will be able to take up positions in internationally oriented firms (such as banks and multinationals), international organizations (such as World Bank, IMF, European Union, UN and OECD) and internationally oriented departments of government agencies and policy advisors. The programme is focused on developing the kind of skills and abilities needed by those who work as professional economists and economic advisers.

As a graduate, your degree will be highly valued in the labor market. The Faculty of Economics and Business is internationally accredited and belongs to the 1% of business schools around the world accredited by both EQUIS and AACSB.

FEB Career Services
When you become a student at the faculty, we want to support you in developing your career and strengthening your employability skills. You can count on a dedicated on-campus Career Services team offering you a wide range of courses, workshops, events and career-related support during your studies. Everything you need to enter the labour market.


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Meer informatie?
Bezoek de website van deze opleiding.

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