Faculty: Economics And Administrative Sciences Economics focuses on the study of how societies allocate scarce resources, including goods, services, and labor. Students develop skills in economic theory, data analysis, policy evaluation, and market behavior. Graduates are prepared for careers in finance, government, consulting, research, and academia. **Learning Objectives:** - Understand fundamental economic principles and theories. - Develop skills in economic data analysis and interpretation. - Learn techniques for evaluating economic policies and market behaviors. - Explore principles of microeconomics, macroeconomics, and econometrics. - Analyze and interpret economic data and research findings. - Develop critical thinking, analytical, and problem-solving skills for effective economic analysis. **Major Outline:** 1. **Introduction to Economics** - Overview of key economic concepts and principles. - 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** - Principles of macroeconomics, including national income, fiscal and monetary policy, and economic growth. - Techniques for analyzing aggregate economic phenomena. 4. **Econometrics** - Principles of econometrics, including statistical methods and economic modeling. - Techniques for conducting economic data analysis and interpretation. 5. **International Economics** - Principles of international economics, including trade, finance, and global economic issues. - Techniques for analyzing international economic policies and trends. 6. **Public Economics** - Principles of public economics, including taxation, public expenditure, and welfare economics. - Techniques for evaluating public policies and government interventions. 7. **Labor Economics** - Principles of labor economics, including labor markets, wages, and employment. - Techniques for analyzing labor market behaviors and policies. 8. **Internship/Practicum** - Real-world experiences in economic settings, including internships in financial institutions, government agencies, or research organizations. - Application of learned skills in practical economic scenarios. 9. **Capstone Project in Economics** - Comprehensive project applying skills in economic analysis, policy evaluation, or data interpretation. - Delivery of a polished economic research paper, policy analysis, or project presentation. **Assessment Methods:** - Economic analyses, data interpretation reports, policy evaluation projects, market behavior studies, econometric analyses, international economics projects, public economics analyses, labor economics studies, internship reports, capstone projects, group projects, and presentations. **Recommended Textbooks:** - "Principles of Economics" by N. Gregory Mankiw. - "Microeconomics" by Hal R. Varian. - "Macroeconomics" by Olivier Blanchard. - "Econometrics" by Fumio Hayashi. - "International Economics" by Paul R. Krugman and Maurice Obstfeld. - "Public Economics" by Jonathan Gruber. - "Labor Economics" by George J. Borjas. **Prerequisites:** Basic knowledge of mathematics, statistics, and an interest in economic principles and market behaviors. **Major Duration:** Typically 4 years for a bachelor's degree, including coursework, internships, and capstone projects. **Certification:** Graduates may pursue further education or professional certifications, such as a Master's in Economics, Finance, or specialized certifications in areas like data analysis or policy evaluation. **Target Audience:** Aspiring economists, financial analysts, policy analysts, consultants, researchers, and academics seeking careers in financial institutions, government agencies, consulting firms, research organizations, and academia. This major equips students with the analytical, data interpretation, and problem-solving skills needed to excel in economics, supporting careers in various finance, policy, and research-related roles.