The Department of Economics of the Universidad Carlos III de Madrid is one of the cornerstones of economics research in Spain, as demonstrated by its accreditation as a Unidad de Excelencia María de Maeztu, and by its position in international rankings such as that of the European Economic Association (EEA), that places it 52 in the world, 9 in Europe and 2 in Spain.
The key to its success has been the adoption of the professional practices of the best universities in the world (recruiting its junior faculty in the international job market, applying rigorous promotion standards based on merit, implementing policies incentivising quality research and teaching), resulting in a dynamic and diverse faculty educated in the best universities of the world.
The quality of its academic programs is also well recognised. The econphd.net ranking places the UC3M Economics Ph.D. in the position 46 in the world, 9 in Europe and 1 in Spain. The UC3M professional master programs in Economics and in Industrial Economics attract students from around the world. Likewise, the quality of the UC3M undergraduate programs in economics and business attracts the best students around the county, and consistently maintain the 1-2 highest access grades in Spain.