The Bachelor of Economics program is designed to provide students with a comprehensive understanding of economic theories, principles, and applications. It covers various aspects of both microeconomics and macroeconomics, focusing on how markets function, the role of government in the economy, and the analysis of economic data.
Core Subjects:
- Introduction to Microeconomics
- Principles of supply and demand
- Market structures and consumer behavior
- Pricing and resource allocation
- Introduction to Macroeconomics
- National income accounting
- Inflation, unemployment, and economic growth
- Monetary and fiscal policy
- Statistics for Economists
- Data collection and interpretation
- Probability theory and hypothesis testing
- Regression analysis
- Econometrics
- Application of statistical methods to economic data
- Model building and forecasting
- Quantitative analysis of economic relationships
- Public Economics
- Role of government in the economy
- Taxation and government spending
- Welfare economics and public goods
- International Economics
- Trade theories and policies
- Exchange rates and balance of payments
- Globalization and its impact on economies
- Development Economics
- Economic development theories
- Poverty, inequality, and sustainable development
- Role of institutions in economic development
- Labor Economics
- Labor market analysis
- Wage determination and employment
- Impact of policies on labor markets
Elective Subjects:
Students may choose from a variety of electives, such as:
- Environmental Economics
- Health Economics
- Behavioral Economics
- Urban Economics
- Financial Economics
Learning Outcomes:
- Analytical Skills: Ability to analyze economic problems and devise solutions based on sound economic principles.
- Quantitative Skills: Proficiency in using statistical tools and econometric models to interpret economic data.
- Critical Thinking: Evaluate economic policies and their impacts on individuals, businesses, and society.
- Global Perspective: Understanding of how global economic forces affect local economies and vice versa.
Career Opportunities:
Graduates with a degree in Economics can pursue careers in various fields, including:
- Economic Consulting
- Government and Public Policy
- Financial Services
- International Organizations
- Academic and Research Institutions
Admission Requirements:
- High school diploma or equivalent
- Strong background in mathematics
- Entrance exam and interview (if applicable)