The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than it is commonly understood. Indeed the world is ruled by little else. (John Maynard Keynes)

Master's degree program: Economics and Global Markets
Class: LM-56 - Economic Studies
Taught in English

The Master course in Economics and Global Markets is part of the International programme of the University of Bergamo; it is entirely taught in English and the Faculty is partly composed by international scholars.


EGM is a master course addressed to students seeking a degree that combines a solid training in economics with quantitative techniques and a thorough knowledge of the European and global economic and institutional context.
In the era of information and globalization these are key competencies: students of Economics and Global Markets learn how to assess the impact of normative, institutional and policy changes on businesses’conduct, households choices and countries’ growth prospects.

The course provides sound economic foundations, institutional knowledge as well as statistical and econometric methods coupled with skills regarding the use of datasets, from balance sheets to official statics and big data, necessary to perform applied analysis at various level of aggregation, impact evaluations and forecast scenarios at the macro and firm level. The course covers a wide range of economics fields, including international economics, industrial economics, labour economics, public policy, energy economics and macroeconomics.

The curriculum EGM-EMOS enhances statistical skills, offers a teaching environment strictly linked to National Statistical Offices and European Institutions like Eurostat and innovative teaching methods like webinar. Offers summer/spring schools and requires compulsory internships at National Statistical Offices.

Visiting scholars and students from all over the world enhance the international perspective of the course; a double degree program is active with the University of Trier (Germany) and internships, stages and learning periods abroad are encouraged and assisted.  Teaching methods and Faculty-Students meetings are part of the learning methods and aim to raise students’ critical approach and their communications abilities; a mentoring program is also in place to guide and advice each student throughout the two-years. On the whole students develop language, relational and decisional skills which will strengthen the specific economic competences and prepare to high-level professional careers.
Please visit the Moodle platform of the Master course by linking to EGM Moodle platform.


Thanks to a double degree agreement between the University of Bergamo and the University of Trier (Germany), students enrolled in EGM are offered the opportunity to attend the second year of their Master Degree at the University of Trier and obtain a Economics: European Economic Integration in addition to the Laurea Magistrale in Economics and Global Markets form the University of Bergamo. For further information please contact prof. Annalisa Cristini.


Students are encouraged to spend a period in another European university, by applying to the Erasmus program or to similar agreements that have been signed between the University of Bergamo and other Universities.
For a number of European universities there exist a ready-to-use map linking courses taught in EGM to those that students can attend abroad in substitution of the former. For further information please contact prof. Elena Cefis or prof. Annalisa Cristini.


Graduates are expected to successfully compete for jobs in firms and financial institutions, in consulting, in national and international public institutions and corporates. Graduates will aim to roles that require abilities to relate to international partners, assess the efficacy of institutional and normative changes, governmental policies as well as specific programs and businesses’ investments, where autonomous judgment and decisional capacity are required.

EGM-EMOS graduates will aim to positions where statistical leadership in handling and understanding large amount of data and in using data for decision making are crucial activities.

Examples of specific competences of EGM and EGM-EMOS graduates that are valuable in both private firms and public institutions are:

  • Conduct macro- and micro-economic analysis, applying models and using data and econometric techniques.
  • Study the socioeconomic impacts of new public policies, regulations, proposed legislation, taxes…
  • Advice businesses on competition and regulation policies at EU or national level, considering implication for businesses’ conduct
  • Produce market assessments and trends at various level of aggregation
  • Forecast growth potential of regions or countries and emerging markets
  • Assess energy scenarios and sustainable growth prospects
  • Manage relationships with regulatory authorities
  • Handling data production and data interpretation for mission, specific business activities or consultancy
  • Maria Rosa Battaggion
  • Riccardo Bellofiore
  • Silvia Biffignandi
  • Paolo Buonanno
  • Elena Cefis
  • Annalisa Cristini
  • Stefano Lucarelli
  • Salvatore Piccolo
  • Federica Origo
  • Giovanni Urga
  • Alessandro Vaglio
  • Anna Maria Variato
International Scholars for academic year 2017/18
  • Badi H. Baltagi,  Syracuse University, New York, USA
  • Inmaculada Cebrián Lòpez, Alcalà University, Spain
  • Steve Fazzari, Washington University, St. Louis, USA
  • Orietta Marsili, University of Bath, UK
  • Dafni Nikolitsa, University of Crete, Greece
  • Gianluca Orefice, CEPII, Paris, France
  • Jan Toporowski, SOAS, London, UK
  • Randall Wray, University of Missouri-Kansans City, USA

The Master’s Degree Program in Economics & Global Markets offers a customized service for all enrolled students and for those who are planning to enroll in the academic year starting in Fall 2015.
The Faculty-Student Mentoring Program (FSMP) aims at supporting students during their academic career promoting a strong and long-term relationship between students and professors in the department. In particular, mentors are members of the EGM faculty who individually provide guidance, advices and supportive feedbacks to enable students to be successful and gain confidence and self-motivation. The major aim of FSMP is to encourage and support students learning offering programs and activities that facilitate increased academic and personal development. In particular, students will be supported by:

  • providing academic planning guides to help students participate in rigorous academic activities
  • helping students in choosing optional courses. Students need to know the benefits of early intervention and address quickly any question about their academic career
  • facilitating participation in graduate research, scholarship and creative activities by creating opportunities for students to demonstrate their competencies and encouraging them to present at meetings and in university forums
  • encouraging students to come forward with their ideas at all stages of development
  • motivating students to try new techniques and to expand their skills
  • presenting students with opportunities for regional, national, and international experiences
  • providing constructive and supportive feedback.

A moodle page specifically dedicated to EGM is active at  EGM moodle platform.
You can find various useful information about the course and how it is organize, the international scholars that join the faculty,  how you can obtain a double degree while being an EGM student, our suggested Erasmus programs and other possibilities to enrich your preparation abroad. In addition, you can find information about summers stages and internships, info on seminars and cultural events, hints about research thesis.
You can even find some interesting readings from the international media concerning topical economic and political issues as well as advices on young economists future careers.


From EGM moodle page enrolled students can easily access all the courses they attend and the lecture materials.
Please sign in using the guide you find in the moodle. Once you are signed in, you will also receive, in your email, prompt notices about the courses, exams, classes. Finally, EGM moodle is a place from which you can also send enquiries addressed to people involved in EGM.