Economics

1- Why is popcorn expensive in theaters?

2- Why is it difficult to buy a good used car?

3- What is the most convenient way to collect taxes?

4- Why are some countries rich while others are poor?

These are just some of the questions that economists are asking and trying to answer. Many people think that Economics is only concerned with issues such as exchange rates, interest rates, and national income. Yes, in order to understand the economy, it is necessary to have knowledge about exchange rates, the causes of inflation, the effects of interest rates and the determinants of national income. However, economics education includes much more than that. A good economics education changes your view of the world and the way you perceive the events around you.

What is economy?

The concepts and tools you learn in the economics department will cover the functioning of economies, inflation, interest rates, etc. It will help you to understand as well as help you explain the economic phenomena around you that you may not have noticed until now. This is not a surprise, because many of the events and phenomena around you are related to individuals trying to use their limited resources effectively for certain purposes. To put it more clearly, Economics is a social science branch that examines the whole of production, consumption and distribution relations that people realize in order to survive.

A good economics education…

A good economics education can enable you to work in good positions in banks, public institutions or companies, as well as provide the necessary equipment for those who want to pursue an academic career in order to better understand economic events. There are economists at the management levels of many of the economic and financial institutions that are at the center of economic policies today.

Economics education in Bahçeşehir At Bahçeşehir University,

Faculty of Economics and Administrative Sciences, Department of Economics, you will receive a world-class economics education under the guidance of our academic staff who have received undergraduate, graduate and doctoral education at competent universities in their fields.

The courses you will take will provide you with the necessary mathematical and statistical skills for consistent analysis and quantitative research, and will provide you with the theoretical and applied knowledge necessary to understand the rapid change in financial markets, our globalizing world and the economic crises.

The wide range of compulsory and elective courses offered in our department will enable you to focus on your interests while educating you as a good economist.

Department of Economics Undergraduate Program

In order to graduate from Bahçeşehir University, it is necessary to complete a course load of 130 credits. Our students receive education in the first two years with basic courses such as economics, accounting and statistics. All courses are compulsory in the first two years. In the third and fourth years, they start to take elective courses in addition to the compulsory courses that they will specialize in the field of economics. Our students choose between departmental electives on specific topics that they would like to learn more about, and extra-departmental and general electives that develop global perspectives and offer additional knowledge and skills.

Economics Department Mission

The program aims at an economics education in which individuals who are competent to understand and question global and local economic and social dynamics, ask the right questions for the welfare of the individual and society under existing conditions, and have the motivation to produce effective and creative solutions to economic problems. 

Economics Department Objectives

BAU Economics graduates

 1. They use the skills they have learned during their undergraduate education in public institutions, private sector, academia or NGOs (national, international) in written, oral and visual forms. 

2. They follow local and global developments, use up-to-date techniques and continuous learning skills to improve the work they contribute. 

3. When they take an active role in the policy making process in the public sector or in the determination of the strategies of the companies, they take care of the economic efficiency, social benefit, social welfare, the environment and the sustainability of the decisions taken together with their effects. 

4. In order to make a scientific contribution to the field of economics, they conduct research so that policy makers and other decision makers can understand the current economic conditions and make decisions by taking into account possible future developments. They share research results with the scientific community and/or relevant stakeholders. 

5. They realize the inclusive and tolerant behavior patterns they have experienced throughout their student life in harmony as a member of a team on personal and professional grounds. 

 Program Outcomes 

1. As a world citizen, he is aware of global economic, political, social and ecological developments and trends. 

2. It has the equipment to follow the technological progress required by global and local dynamics and to continue learning. 

3. Absorbs basic economic principles and analysis methods and uses them while evaluating daily events. 

4. Uses quantitative and statistical tools when defining economic problems, analyzing them and sharing the results with the relevant stakeholders. 

5. Understands the decision-making stages of economic units under existing constraints and incentives, examines the interactions and possible future effects of these decisions. 

6. Comprehends new ways of doing business and new market structures using digital technologies. 

7. Handles economic and social problems with a critical approach and develops analytical solutions. 

8. Has the necessary analytical equipment to produce analytical solutions and use quantitative research methods. 

9. Observes individual and social welfare together and with an ethical point of view in the works it contributes. 

10. Does not neglect to benefit from different disciplines while seeking solutions to economic problems. 

11. Generates original and innovative ideas in the works he contributes as part of a team.

Bahçeşehir University, Faculty of Economics and Administrative Sciences, Department of Economics, offers a Bachelor of Science in Economics as well as a Master in Financial Economics and a PhD in Economics. Our department also contributes to various graduate programs within our Faculty.