Master's Degree in Economics
The Master’s Degree in Economics at University of the Hesperides is accredited by the Spanish Government and the European Higher Education Area (EHEA).
Do you want to have an in-depth understanding of public policies and our economic environment?
The Master’s Degree in Economics at University of the Hesperides (.h) will give you innovative tools to understand the gears of the complex social coordination system we call the market. Do you dare to analyze economic phenomena through a new lens? With the guidance of an international faculty of experts and learning enthusiasts, you will gain a solid, modern understanding of economic theory, and you will have the opportunity to compare and contrast the ideas of different schools of economic thought through an interdisciplinary approach.
Master In Economics – Nicolai Wenzel
Explore our
program:
Do you want to learn to read the world with the acuity of the great economists? The Master’s Degree in Economics at the University of the Hesperides was designed for you. We have created a program that will help you develop a solid foundation to thoroughly analyze markets and propose solutions to the problems of the 21st century economy.
Public
Policies
You will explore the effect of policy and regulation on the economy and markets
Innovative
Tools
You will be able to explore analytical tools in new areas including experimental economics, big data, and agent-based economics
Diverse
Electives
You will choose from a broad menu of electives that will allow you to delve into the subject areas you find most interesting
Credits Expand| Type | Credits |
| Mandatory | 33 |
| Electives | 15 |
| Internships | 6 |
| Master’s Thesis | 6 |
| Total | 60 |
In order to have the tools to succeed in your professional life, the learning process at University of the Hesperides is designed to foster personal growth, skill development, and intellectual flourishing. At the heart of the learning process lie the competencies you will acquire throughout your studies. Class contents are not an end in themselves, they are a means with which to achieve these competencies-your teachers know this and that is why they have designed their courses thinking about what you will learn to do, and not just what you will answer on an exam.
What will you know how to do at the end of the Master’s Degree in Economics?
After this master’s degree, you will have what the best analytical departments want: the ability to accurately diagnose the state of health of the economy and the medium-term outlook. You will also be able to clearly spread your ideas through the media and rigorously formalize them for publication in academic journals.
Curriculum Expand| First Semester | ||
|---|---|---|
| Subject title | ECTS | Type |
| Microeconomics | 6 | Mandatory |
| Macroeconomics | 6 | Mandatory |
| Economy and Institutions | 6 | Mandatory |
| Econometrics | 4.5 | Mandatory |
| Quantitative Methods for Economics | 4.5 | Mandatory |
| Research Methodologies in Economics | 3 | Mandatory |
| Credits 1st semester | 30 | |
| Second Semester | ||
|---|---|---|
| Subject title | ECTS | Type |
| State, Market, and Economic Policy | 3 | Mandatory |
| Elective 1 | 3 | Elective |
| Elective 2 | 3 | Elective |
| Elective 3 | 3 | Elective |
| Elective 4 | 3 | Elective |
| Elective 5 | 3 | Elective |
| Internships | 6 | Mandatory |
| Master’s Thesis | 6 | MT |
| Credits 2nd semester | 30 | |
| TOTAL CREDITS | 60 | |
| Elective Subjects | ||
|---|---|---|
| Subject name | ECTS | |
| History of Economic Thought | 3 | |
| Economic Analysis of Socialism | 3 | |
| Experimental Economics | 3 | |
| Big Data in Economics | 3 | |
| Industrial Economics | 3 | |
| Game Theory and Information Economics | 3 | |
| Environmental Economics | 3 | |
| Agent-Based Economics | 3 | |
| Monetary and Financial Integration | 3 | |
Thanks to .h‘s partnerships, you will be able to complete your curricular internships for the Master’s Degree in Economics at the highest level. You will have the opportunity to practice your skills at the Economic Situation Observatory and the Finance Research Center, and to collaborate in research projects of the prestigious Journal of Economic Affairs, in which the Institute of Economic Affairs (UK), the University of Buckingham (UK), Universidad Francisco Marroquín (Guatemala) and University of the Hesperides participate.
As a .h student, you will be part of the collaborative environment of the Make Impact Consortium (MIC), led by the Massachusetts Institute of Technology (MIT), an international community of universities with shared ideas for learning and mutual benefit. You will have the chance to participate in the challenges that MIC-together with different companies and organizations-launches to solve real problems and create a positive impact on society.
You will benefit from our partnerships with Fundación Universidad-Empresa (e-Start program), Banco Latinoamericano de Comercio Exterior, Grupo Kalise, Finance Research Center, Centro de Estudios Superiores de Madrid Manuel Ayau, Lopesan Hotel Management, Binter Canarias, and Domingo Alonso Group, among other institutions and companies that will allow you to network within your professional field.
![]() |
![]() |
||
|---|---|---|---|
![]() |
![]() |
![]() |
Our endorsements:
This promises to be a valuable addition to the existing academic offer in Economics
John B. Taylor – Master’s Degree Endorser
President of the Mont Pelerin Society (2017-2018)
I find this program to be well thought, relevant and very beneficial for the future students
Peter Boettke – Master’s Degree Endorser
President of the Mont Pelerin Society (2017-2018)
At the end of this master’s degree you will hold a profound understanding of the institutions and processes that make the free market possible
Juan Ramón Rallo – Professor
Dean of the Bachellor’s Degree School, Universidad de las Hespérides
Understanding Economics is essential for anyone who wants to know why countries fail or flourish and what the best institutional environment and legal framework to promote wealth is. This knowledge will help us become more responsible and free citizens, capable of evaluating with greater rigor the actions and policies of Governments and regulators
Juan Castañeda – Professor
Director of the Vinson Centre, University of Buckingham (UK)Faculty:
Do you want to be a part of a learning experience designed by renowned economists? At University of the Hesperides you can count on a faculty of experts in their fields, brimming with contagious passion for the study of the markets and the analysis of the economic principles of a free society.
Nikolai Wenzel
Ph.D. in Economics from George Mason University, specializing in institutions and the Austrian School of Economics. Director of the Master’s Degree in Economics at Universidad de las Hespérides and a member of the Mont Pelerin Society. Author of over 80 academic articles, several edited volumes, and a book on the debate between libertarianism and conservatism.
Juan Castañeda
Director of the Vinson Centre at the University of Buckingham, specializing in monetary policy and central banking.
Juan Ramón Rallo
Author of several books, including Anti-Marx, Liberalismo, and Una revolución liberal para España. He holds a Ph.D. in Economics from Universidad Rey Juan Carlos and a Law degree from Universidad de Valencia. He is the dean and founder of Universidad de las Hespérides and a professor at various educational institutions. He is also an economic analyst for EsRadio and El Confidencial.
Karras Lambert
Ph.D. in Economics from George Mason University, where he is an adjunct professor. In 2021, he was a resident scholar at the Mises Institute. He holds a master’s degree in Finance from Peking University HSBC Business School and a bachelor’s degree in Economics from Drexel University. His research focuses on economic theory in the tradition of Carl Menger and Ludwig von Mises.
Carlos Humberto Méndez
Chemical engineer and data analysis consultant with experience in both industry and government. A music entrepreneur and investor in stock markets and cryptocurrencies.
Diego Aycinena
Ph.D. in Economics from George Mason University and director of the Vernon Smith Center for Experimental Economics at Universidad Francisco Marroquín. He is an associate professor at Universidad del Rosario, with research published in leading journals such as American Economic Journal and Experimental Economics.
Santiago Calvo
Ph.D. in Economics from Universidad de Santiago de Compostela. He collaborates with think tanks such as Instituto Juan de Mariana, the Tax Foundation, and Fundalib. Economic analyst for La Voz de Galicia and Radio Galega, and co-author of Que no te engañen (Deusto).
Gonzalo Melián
Ph.D. in Economics and Architecture, vice president of Universidad de las Hespérides, and director of OMMA Business School Madrid. He is also a member of the Mont Pelerin Society and the Instituto Juan de Mariana.
Gabriel Calzada
Founder of Universidad de las Hespérides and former president of Universidad Francisco Marroquín. President of the Mont Pelerin Society and CEO of Manuel Ayau Business School in Madrid. He holds a Ph.D. in Economics from Universidad Rey Juan Carlos and has taught at various universities, including IE University and UFM.
What can I do
with my degree?
Aside from completing the .h Master’s Degree in Economics with a new perspective that will help you understand the problems of the economic environment, you will be able to apply your knowledge in a range of professional areas. It will open the door to management, consulting and evaluation of complex economic issues in both the public and private sectors. And if you have developed a passion for a specific subject and want to explore it as an expert, you will have the foundation for success in doctoral studies.
Our
methodology:
At .h you will be immersed in a digital ecosystem that is all about active and collaborative learning. Rather than an observer, you will be part of a dynamic learning community with members across the globe.
Real-time videoconferencing, where your teachers will facilitate collaborative learning experiences and you will be able to actively engage with the content. If you are unable to attend a session, you will be able to catch up by watching the recorded lesson and completing the proposed exercises.
Asynchronous classes ExpandVideos of your professors produced at our .h recording studio, that will guide you through individual or team-based activities. You will be free to explore the videos, at your own pace and time.
Mentoring ExpandVideoconferences in real-time, where your professors will clear up any doubts you hold, with exercises and learning experiences that ensure your understanding of the contents. You will also use asynchronous forums moderated by professors, as well as traditional channels like e-mail and telephone calls.
Virtual assessments ExpandYou will be able to comfortably take your exams from your computer. Whether they are oral or written, you will attend virtually and synchronically, with real-time interaction with your professors and security systems to ensure that it is you taking the exam.
An interactive campus ExpandYou will have an easily understandable and navigable learning platform at your disposal, as well as a virtual campus in the metaverse through which you will be able to interact with your professors, peers, and other members of the .h community.
Download
the brochure
Steps to
enroll:
1
Learn about the admission requirements and fill out the application
2
We will get in touch with you
3
Send us the documentation we request
4
We will schedule a personal interview and the admission committee will evaluate your application
5
You will be informed of the Admission Committee’s decision
ApplicationFinancing information:
Do you need help financing your studies? At .h, you can apply for financing conditions. See what options are available to you in this form
More information
Visit our
campus:
At .h we are born innovators. A good example of this is our hybrid campus-that’s right, at our virtual campus you will be able to interact with students, teachers, and administrative staff in real time.
What’s more, you will have two physical locations at your disposal: in Santa Cruz de Tenerife and in Las Palmas de Gran Canaria, where we hold seminars and academic events. What are you waiting for? Come and join us!




