Welcome to the Department of Economics


Department of Economics 

 Wilhelm-Selig-Platz 1. Foto: © S. Wende


The Department of Economics at Kiel University enjoys an international reputation for the high quality of its faculty and students. The Department collaborates closely with the Kiel Institute for the World Economy in both research and teaching, jointly conducting research projects, holding research seminars and instructing students in its Bachelor, Master and Ph.D. programs. Its faculty has published widely in leading international journals and has made important contributions to economic policy debates. The research strengths of the Department include, among other things, international economics, environmental and resource economics, quantitative finance, and experimental economics. It houses a state-of-the-art experimental economics laboratory. The Economics Department attracts faculty and students from around the world. For the graduate program and selected undergraduate courses, the language of instruction is English. Other classes at the Bachelor level are taught in German.


Open CQF Institute Talk with Thomas Lux

January 9, 2021

In an open online talk at the CQF (Certificate in Quantitative Finance) Institute (Link) on Wednesday, 3rd Feb 2021, Thomas Lux will offer an introduction to agent-based modelling (ABM) in finance. ABM uses stochastic simulation models of the interaction of a diverse ensemble of heterogeneous investors to mimic real-world patterns of financial trading within an artificial market. The talk will illustrate the construction principles of ABMs, how they can explain financial stylized facts, and how the empirical validation of agent-based models can be used to extract information on 'hidden' variables such as sentiment which constitutes a salient building block of such models.

New forthcoming paper "The Social Dynamics of COVID-19" by Thomas Lux

January 9, 2021

For almost a full year, the  corona crisis provides a unique challenge to the health systems and economies around the globe. In his forthcoming paper "The Social Dynamics of COVID-19" (Link), Thomas Lux investigates the consequences of  adaptive "social distancing" measures within a standard epidemiological  model of the COVID pandemic. With a limited attention span and in the absence of a consistent long-term strategy against the pandemic, current social distancing measures are shown to lead to fluctuations in the effective reproduction number around its so-called bifurcation value of unity. While mitigating the pandemic in the short-run, such a process remains intrinsically fragile and does not constitute a sustainable strategy that societies could follow for an extended period of time.

Invitation to online panel discussion

October 28, 2020

The corona crisis presents the EU with a historic challenge: How can economic recovery after the crisis succeed? Is the planned recovery fund sufficient after a second wave of infections? Does the fund start a European debt union? And is European solidarity supported by the citizens? The Chair of Public Finance and the Lorenz-von-Stein Institute invite you to a virtual, interdisciplinary panel discussion with Prof. Gabriel Felbermayr (IfW, Economics), Prof. Theresa Kuhn (Amsterdam, Political Science) and Prof. Florian Becker (CAU, Law). The event will take place on November 11, 2020 at 6 p.m. via ZOOM. We look forward to your participation and kindly ask you to register in advance by 4.11.2020 by e-mail to classen@economics.uni-kiel.de. Please note that the event will be in German.

Tobias Heidland new professor for international macroeconomics

October 1, 2020

We welcome Tobias Heidland as a new professor for international macroeconomics. Prof. Heidland researches the globalization and development nexus. His focus is on international migration and global capital flows. He applies different econometric and statistical approaches to study which policies nation states and institutions can use to make the international mobility of people and capital more welfare-enhancing. This winter term, Prof. Heidland will offer a seminar on “Globalization in Developing Countries”.

Research paper "International Emigrant Selection on Occupational Skills" accepted for publication

September 13, 2020

How do migrants compare to residents of their origin countries? Jens Ruhose and his coauthors find that migrants from Mexico to the United States have higher manual, but lower cognitive skills than non-migrants. The study has now been accepted for publication in the prestigious Journal of the European Economic Association (link to the study) and has been awarded the distinguished CESifo Young Affiliate Award.

Matthias Raddant now editor of SN Business & Economics

September 11, 2020

Matthias Raddant has joined the editorial board of SN Business & Economics, a multi- and interdisciplinary journal serving all areas of Business & Management, Economics and Finance. 

Ulrike Kornek new professor for environmental and resource economics

July 01, 2020

We welcome Ulrike Kornek as a new professor for environmental and resource economics. Her research focuses on international climate economics. Prof. Kornek uses models from environmental economics and game theory to analyze the effects of various policy instruments and institutions on the avoidance of greenhouse gas emissions. In the winter term, Prof. Kornek will offer the lecture Resource Economics as well as seminars in Environmental Economics and Resource Economics




  Visitors Address:
Department of Economics
Wilhelm-Seelig-Platz 1
24118 Kiel

Postal Address:
Christian-Albrechts-Universität zu Kiel
Institut für Volkswirtschaftslehre
Olshausenstr. 40
24098 Kiel