Faculty: Economics and Administrative Sciences

Economics focuses on studying 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 analyzing and interpreting economic data.
• 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.

Main Curriculum:

1. Introduction to Economics
   • An 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 the behavior of individuals and firms.
3. Macroeconomics
   • Principles of macroeconomics, including national income, fiscal and monetary policy, and economic growth.
   • Techniques for analyzing macroeconomic phenomena.
4. Econometrics
   • Principles of econometrics, including statistical methods and economic modeling.
   • Techniques for conducting and interpreting economic data analysis.
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. Practical/Applied Training
   • Practical experiences in economic environments, including internships at financial institutions, government agencies, or research organizations.
   • Application of acquired skills in practical economic scenarios.
9. Senior Project in Economics
   • A comprehensive project applying skills in economic analysis, policy evaluation, or data interpretation.
   • Presentation of a polished economic research paper, policy analysis, or project display.

Assessment Methods:

• Economic analyses, data interpretation reports, policy evaluation projects, market behavior studies, econometrics analyses, international economics projects, public economics analyses, labor economics studies, internship reports, senior projects, group projects, and presentations.

Recommended Textbooks:

• "Principles of Economics" by N. Gregory Mankiw.
• "Microeconomics" by Hal R. Varian.
• "Macroeconomics" by Olivier Blanchard.
• "Econometric Analysis" by Fumio Hayashi.
• "International Economics" by Paul R. Krugman and Maurice Obstfeld.
• "Public Finance" by Jonathan Gruber.
• "Labor Economics" by George J. Borjas.

Prerequisites:

Basic knowledge of mathematics and statistics and interest in economic principles and market behaviors.

Duration of the Major:

The usual duration for obtaining a bachelor's degree is 4 years, including coursework, internships, and senior projects.

Certification:

Graduates can pursue higher education or obtain professional certifications, such as a master's degree in economics or finance or specialized certifications in fields like data analysis or policy evaluation.

Target Audience:

Aspiring economists, financial analysts, policy analysts, consultants, researchers, and academics seeking work in financial institutions, government agencies, consulting firms, research organizations, and academia. This major equips students with analytical, data interpretation, and problem-solving skills necessary to excel in economics, supporting careers in various finance, policy, and research-related roles.