Economics Isik University

Overview

About Economics at Isik University

Economics at Isik University is the study of how scarce resources should be managed to satisfy human needs. In most societies, resources are allocated not by a single central planner, but through the combined actions of millions of households and firms. Economists, therefore, study how people make decisions: how much they work, what they buy, how much they save, and how they invest their savings. Economists also study how people interact with one another. For instance, they examine how the multitude of buyers and sellers of a good determine the price at which the good is sold, and the quantity of the good that is sold. Finally, economists analyze forces and trends that affect the economy as a whole, including the growth in average income, and the rate at which the prices are rising.

Learning outcomes

Majoring in economics enables students to have a good grasp of economic theories. It equips them with the knowledge required to understand how global, regional and national economies function, and how economic institutions operate under numerous constraints.

The Department of Economics at Isik University offers its students both theoretical and applied perspectives of economics so that graduates develop a certain level of competencies over economic issues before they make their career preferences.

The Economics program at Isik University equips students with the knowledge required to understand how the global, regional and national economies function and how economic institutions operate under numerous constraints. The core curriculum focuses on preparing students for fast-changing global economic environment.

Our department is aware of the highly-skilled workforce required by industry. We ensure that our graduates are equipped with state-of-the-art qualitative and quantitative skills, are cognizant of professional ethics codes and environmentally friendly economic policies. Our graduates are frequently employed in trade, banking, insurance, finance and auditing companies. Many of our graduates continue their education in masters and doctoral programs of prominent universities in Europe and North America.