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Master in Economics


Diretor de Curso
The Master in Economics is a pre-experience Master that offers complementary education in economic sciences at the University of Porto. The programme is targeted at newly first-cycle degree graduates in Economics, Finance, and Management. This is a two-year programme that builds upon the knowledge acquired in 1st cycle studies. The main purpose is to improve the core knowledge of Economics and the command of economic analysis instruments, complemented with intermediate level specialization in applied economics or in related areas (Finance and Management). Master in Economics graduate students will be ready for a demanding professional career in private and public institutions and those with research-oriented interests can also access third-cycle (doctoral) studies. FEP has the necessary means to help students achieve their goals through:
  • rigorous teaching and procedures coupled with a flexible plan of studies, ensuring improved knowledge of core economics while allowing for diversified specializations in applied courses. The design of each student’s study plan follows these guidelines;
  • possibility of choice between English track and Portuguese track, and possibility of enrolling in the prestigious QTEM – Quantitative Techniques in Economics and Management – international programme;
  • quality and experience of faculty, research centres and supportive professional staff;
  • availability of information resources - bibliographic and databases - required to conduct research;
  • individual tutoring in the definition of the plan of studies and in the dissertation or internship report work;
  • professional orientation and career planning counselling services;
  • a series of seminars with themes and speakers (outside FEP) that enable the bridge between academia and private and public organizations in the market place;
  • structured programme of curricular internships, with institutions dedicated to economic analysis and other private and public organizations that provide challenging opportunities to engage in a first work experience.

Álvaro Aguiar


The Scientific Board of the programme can be consulted here.


The faculty staff of the programme can be consulted here.


“Core-periphery Model in Discrete Time: Agglomeration Patterns Between Three Regions*”; Daniela Correia Rodrigues;;
Supervisor: Sofia Castro Gothen.

“Economic Impact of Tourism – a Spatial Approach”*; Ana Catarina Martins Vieira; ;
Supervisor: Luís Delfim Santos

“The Incidence of Low Wage Poverty in Portugal”*; Ana Margarida de Oliveira Fernandes;;
Supervisors: Isabel Mota e Anabela Carneiro

“Budgetary Mechanisms With Risk Sharing in the Euro Area – a Critical Analysis”*; Tiago Micael Ferreira Amaral;;
Supervisors: Vítor Carvalho and Ana Paula Ribeiro

"Directed Technical Change and Environmental Quality”; Liliana Patrícia Mendes da Fonseca;;
Supervisors: Óscar Afonso and Paulo Vasconcelos

“Competitive effects of international airline alliances: impacts on airports-airlines relationship”; Maria João Peixoto Braga Bianchi de Aguiar;;
Supervisor: Helder Valente

*Dissertation writen in Portuguese and title translated to english

Other dissertations can be found here.


Ribeiro, A. P., Silva, S. T., e Guimarães, D. (2016), “Macroeconomic Fundamentals of Poverty and Deprivation: An Empirical Study for Developed Countries”, European Journal of Development Research, 27, pp. 37–66.

Barbosa, D., Carvalho, V., e Pereira, P. J. (2016), “Public Stimulus for Private Investment: An Extended Real Options Model”, Economic Modelling, Vol.52, pp.742-748.

Garrido-da-Silva, L, Castro, S. B. S. D., and Vasconcelos, P. B. (2015), “Discrete dynamics for the core-periphery model”, Spatial Economic Analysis, vol. 10, Issue 1, pp.36-51.

Almeida, A. e Cima, J. (2015), "Demand uncertainty and hospital costs: an application to Portuguese public hospitals”, The European Journal of Health Economics, vol. 16, Issue 1, pp.35-45.

Other publications can be found here.


Students of the Master in Economics have the opportunity to participate in a project or undertake a curricular internship in a company or other organization and, as an alternative to the dissertation, write a project or internship report.

“Estimation of unit direct cost of hospitalization of individuals suffering from mental illness in Portugal”* Miguel Maria de Sousa Santos Andrade Leite; Project: INOVA+; Supervisor: Nuno Sousa Pereira

“IDI and technology transfer in the European Union after 2014: a reflection from the contributions of the National Agency of Innovation”* João Luís Lima Campos; Internship: National Innovation Agency; Supervisor: Sandra Silva

“Competitiveness: the role of FDI and structural change” Rita Torres Pinto; Internship: aicep Portugal Global; Supervisor: Isabel Mota and Sandra Silva

“Brexit vote and its implications on Market Access' internationalization strategy” Tereza Krátká; Internship: Market Access; Supervisors: Álvaro Aguiar

(*Reports written in Portuguese and titles translated to English)

Other internship reports can be found here.

QTEM - Quantitative Techniques for Economics and Management


Students doing this master can apply to the QTEM Network Master. It will allow the student to take the master at FEP and at the same time take a specialization in Quantitative Techniques for Economics and Management. Students doing QTEM can spend 2 semesters abroad in the prestigious member universities of the network. They must also do an internship. More informations here



The Master in Economics is in the 27 th place in the Eduniversal Best Masters Ranking 2018 of the best programmes in Economics.


The course list of the Master programme can be found here (english track) or here (portuguese track) .


Mainly daytime programme


Students enrolled/admitted in 2018/19


2 January to 1 March 2018 (1st call)

Prior reading of the Official Notice is mandatory.

More information on access conditions and criterias, among others, here.


Information about tuition fees here.


Teresa Krátká

"I find this programme at the University of Porto very appealing: there are three compulsory courses and one optional course per semester. I can choose master courses from other programmes not only from within the School of Economics and Management but also from the other 13 Schools in the university. During the second year of the master degree, the students can choose to write a thesis or if do an internship and write a report related with a topic of the internship. Since I would like to focus more on my professional path, the internship in my second year of the master in economics will fit my plans." Tereza Krátká, Master in Economics Student

Mariana Oliveira

“Applying to the Master in Economics at FEP is, without a doubt, an excellent choice! This Master programme is distinct from all others for the course flexibility and guidance – by way of individual tutoring – it offers students. The inherent logic is clear: each student has distinct characteristics, therefore, the best way to harness the talent of each is to adapt the course plan accordingly. It is an ambitious goal, but an attainable one, thanks to the excellence and dedication of the teaching staff.” Mariana Oliveira, Statistician, Banco de Portugal


Check our frequently asked questions for candidates here.


More information here.


More information here .

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