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Program Details

The course deals with the development, causes, and theoretical explanations behind economic crises from the 19th century to the present day. Furthermore, the course addresses how economic policy measures to limit and prevent the emergence of economic crises have evolved historically. The course is based on international economic crises but also uses Swedish examples. In this context, emphasis is placed on both institutional and political factors as well as economic structural transformation. Therefore, phenomena such as globalization, international monetary systems as well as growth regimes and structural crises are treated. During the course, students will be able to reflect on how theoretical perspectives on economic crises have changed over time.

Course Information

• Type: Course, second cycle
• Study pace: Full time
• Study location: Umeå
• Type of studies: On campus
• Number of credits: 7.5 credits
• Teaching hours: Daytime
• Language: English
• Application code: UMU-F2970

Eligibility and Selection

• Eligibility: 90 ECTS including a bachelor thesis equivalent to 15 ECTS credits. Proficiency in English equivalent to Swedish upper secondary course English A.
• Selection: Academic credits

Application and Tuition Fees

• Application fee: SEK 900
• Tuition fee, first instalment: SEK 12,075
• Total fee: SEK 12,075

Important Dates

• Starts: 19 January 2026
• Ends: 18 February 2026
• Application deadline: 15 August 2025 (first round), 15 October 2025 (second round for EU/EEA citizens)

Additional Information

• The course is given by the Unit of Economic History.
• Umeå University is certified as a Healthy Campus, with many initiatives that promote health and well-being.
• The university has been ranked #1 globally in the main categories of Living, Support, and Overall Satisfaction for international students.