MA in Economics

The M.A. Program in Economics aims to equip its students from various backgrounds with the ability to understand, use, or extend research in economics. Graduates are typically placed as analysts or economists in either state or private institutions or continue with their Ph.D. studies in different parts of the world. Core theory courses Microeconomics, Macroeconomics, and Research Methods are complemented by field courses that are shared with the doctoral program. The program's language is English.

Admission Requirements:

  •     Istanbul Technical University Senate’s Admission Requirements (see:
  •     A minimum of 70 from ALES (equally weighted) or 675 (or 152 new scale) from GRE (quantitative) or 500 from GMAT
  •     A GPA of 2.5 (out of 4) or 65 (out of 100)
  •     2 reference letters
  •     A minimum of 50 from ALES or 80 from TOEFL or 6,0 from IELTS

For additional informations please visit the:


1.Semester (Fall)
ECN501E Microeconomics I
ECN503E Macroeconomics I
ECN505E Research Methods in Economics I
2.Semester (Spring)
ECN502E Microeconomics II
ECN504E Macroeconomics II
ECN506E Research Methods in Economics II
ECN596E Seminar (No Credits)
3.Semester (Fall)
ECN599E Masters Thesis
4.Semester (Spring)
ECN599E Masters Thesis
Elective Courses
ECN510E International Economics
ECN511E Game Theory
ECN512E Monetary Economics
ECN513E Health Economics
ECN514E Industrial Economics
ECN515E Energy Economics
ECN516E Public Economics
ECN517E Time Series Econometrics
ECN518E Panel Data and Cross Section Models
ECN519E Labour Economics
ECN520E Environmental Economics
ECN521E Development Economics
ECN522E Transport Economics

Executive Committee

  •     Prof. Fuat Erdal (ferdal[at]
  •     Prof. Bülent Güloğlu (guloglub[at]
  •     Assoc. Prof. Sencer Ecer (ecer[at]

Program Structure
The students should successfully complete 27 credits, 2 seminar courses (no credits –and in one of which the thesis topic should be presented) and a thesis should be submitted. There are 6 core courses (18 credits) and three electives (9 credits). To be able to graduate, students should score minimum 3.00 GPA.