University Master's Degree in Austrian School Economics

The University Master's in Austrian School Economics at Universidad Rey Juan Carlos lets you delve deeper into this school of economic thought. The program studies how markets work, money, institutions and entrepreneurial activity from the theoretical and methodological approaches of this school.

Master's information

• Degree: Máster Universitario en Economía de la Escuela Austríaca.
• University: Universidad Rey Juan Carlos (URJC).
• Responsible center: Facultad de Ciencias de la Economía y de la Empresa.
• Type of studies: official university master's.
• Duration: one academic year.
• Credits: 60 ECTS.
• Format: in-person.
• Location: Madrid–Vicálvaro, Spain.
• Curriculum: code 6413.

What will you study?

The program covers market processes, economic crises, innovation and the evolution of institutions. It also examines economic policies from the Austrian perspective and develops tools to carry out research and communicate its results.

Subjects and curriculum content

The new curriculum includes, among other subjects:

• Basic Principles of Austrian Economics (I): Price Theory and Microeconomics.
• Market Processes and Dynamic Efficiency of Institutions.
• Innovation and Technology in Market Processes.
• Economics and Evolution. Evolutionary Analysis of Institutions.
• The Austrian School in the Context of Economic Doctrines.
• Economics and the Environment.
• Basic Principles of Austrian Economics (II): Monetary Theory and Macroeconomics.
• Money and Banking. The Austrian Theory of the Endogenous Monetary Cycle and Financial Crises.
• Austrian School and Public Policies.

The program also covers research methodology, the analysis of planning and interventionism, and the economics of defense and private security.

Check the full itinerary in the new URJC curriculum fact sheet.

Master's Thesis

The TFM has 12 ECTS and allows you to develop original research with guidance from the faculty. It is an opportunity to apply the methods studied to a specific economic question.

Graduate profile

The program enables you to analyze economic problems, evaluate economic policy proposals and produce academic work from the perspective of the Austrian School. It also strengthens your ability to argue, compare ideas and communicate conclusions in academic and professional settings.

Access and admission

A university degree that allows access to master's studies is required. URJC allows access with foreign degrees, subject to verification of the corresponding requirements.

Entry profiles include Economics, Business Administration and Management, Finance, Law, Political Science, International Relations and Sociology, as well as other related degrees. Admission is subject to the program's selection criteria.

Pre-registration and enrollment

Applications are submitted during the periods established by the university. Check the deadlines and documentation according to the country of your degree on the university master's admission page.

Tuition fees can be found on the URJC public prices page. For more academic information, see the teaching guides and the official master's fact sheet.