Faculty: Economics and Administrative Sciences This major focuses on the study of economic principles and their applications in various aspects of society. Students explore key areas such as microeconomics, macroeconomics, econometrics, international economics, and economic policy. The program emphasizes analytical skills, economic theory, and the understanding of real-world economic issues. Graduates are prepared for careers in economics, finance, public policy, consulting, and related fields. **Learning Objectives:** - Understand the fundamentals of microeconomics and macroeconomics. - Develop analytical skills for economic analysis and decision-making. - Learn techniques for applying economic theory to real-world problems. - Explore the principles of econometrics and statistical analysis in economics. - Understand the role of economic policy and its impact on society. - Analyze challenges and opportunities in the global economy. - Develop teamwork and problem-solving skills for economic projects and initiatives. **Major Outline:** 1. **Introduction to Economics** - Overview of economic principles, key concepts, and historical context. - Fundamentals of microeconomics and macroeconomics. 2. **Microeconomics** - Principles of microeconomics, including consumer theory, production, and market structures. - Techniques for analyzing individual and firm behavior. 3. **Macroeconomics** - Fundamentals of macroeconomics, including national income, money and banking, fiscal and monetary policy. - Techniques for analyzing economic aggregates and policy impacts. 4. **Econometrics** - Principles of econometrics, including statistical methods and economic modeling. - Techniques for conducting empirical analysis and interpreting economic data. 5. **International Economics** - Fundamentals of international trade, finance, and economic integration. - Techniques for analyzing global economic issues and policies. 6. **Economic Policy** - Principles of economic policy, including public finance, regulation, and welfare economics. - Techniques for evaluating and designing economic policies. 7. **Financial Economics** - Fundamentals of financial economics, including asset pricing, risk management, and financial markets. - Techniques for analyzing financial decisions and market behavior. 8. **Research Methods in Economics** - Principles of research methods in economics, including experimental design, data collection, and analysis. - Techniques for conducting and evaluating economic research. 9. **Practicum in Economics** - Real-world economic experiences, including observations, internships, and hands-on projects. - Techniques for applying learned skills in practical economic settings. 10. **Capstone Project in Economics** - Comprehensive project to apply learned skills in economic analysis, policy evaluation, or research. - Techniques for delivering a polished and insightful economic study. **Assessment Methods:** - Economic analysis projects, microeconomic and macroeconomic reports, econometric studies, international economics papers, economic policy evaluations, financial economics analyses, research methodology papers, practicum reports, capstone projects, group projects, and internships. **Recommended Textbooks:** - "Principles of Economics" by N. Gregory Mankiw. - "Microeconomics" by Hal R. Varian. - "Macroeconomics" by Olivier Blanchard. - "Econometrics" by Fumio Hayashi. - "International Economics: Theory and Policy" by Paul Krugman, Maurice Obstfeld, and Marc Melitz. **Prerequisites:** Basic knowledge of mathematics, statistics, and social sciences. Suitable for students interested in economics, finance, public policy, and consulting. **Major Duration:** Typically 4 years for a bachelor's degree, including coursework, projects, practicum, and internships. **Certification:** Graduates may receive a degree in Economics and pursue professional certifications such as Certified Financial Analyst (CFA) or Certified Public Accountant (CPA). **Target Audience:** Aspiring economists, financial analysts, public policy analysts, consultants, and professionals seeking to specialize in economics and related fields. This major equips students with the analytical, theoretical, and practical skills needed to excel in economics, supporting careers in finance, public policy, consulting, and related fields.