Global Economics Course Catalogues

The Economics major at UCA provides a broad education designed to understand and seek solutions to contemporary economic, financial, environmental and social challenges facing the world. Given UCA’s unique location and development focus, the program examines many of these issues from the perspective of mountain communities of Central Asia.  The program provides a strong foundation in both theoretical and applied aspects of economics, empowering students to use their knowledge to evaluate a variety of economic and social phenomenon to make informed personal, business and policy choices. Program requirements include a core set of course in economic theory, supplemented by mathematics, data analysis and statistics. Additional requirements include courses in several economic sub-fields relevant to the development mission of the university. Elective courses allow students the flexibility to develop a program of study that is tailored to their individual needs and interests, such as in business, entrepreneurship, environment, and public policy. Students are also encouraged to incorporate courses from other UCA programs as electives for a well-rounded educational experience.

Graduates of Economics are in high demand because of increasing public concerns related to the environment and resource use, and the importance of economics and management in global affairs. The program’s low faculty-student ratio and hands-on learning allow students to gain the confidence and experience needed to compete in the job market or go on to graduate studies.

• Explain complex economic and social phenomena through models and theory
• Analyse qualitative and quantitative data to describe relationships between economic variables
• Identify the factors determining organizational and institutional performance, and the inter-relationship between capital, labour and technology in various markets
• Apply economic arguments to discuss economic policy proposals, especially in the context of Central Asian economies.
  Assess development challenges relevant to mountain communities by asking researchable questions and providing evidence for possible policy interventions
  Use specific economic concepts such as economic equilibrium, agent theory or transaction costs to explain economic issues
  Evaluate the limits of prevailing economic theory to understand the world in which we live in
  Evaluate a host of policy choices (e.g. equity vs efficiency; environmental sustainability vs economic growth) using appropriate economic methods and tools
  Communicate the implications of economic ideas, concepts and policy relevant to economists, decision makers in business and public sectors, as well as the general public.

The Economics program at UCA is designed to prepare students for a range of successful careers especially those in the development sector. This includes careers in government, private firms, non-profit organizations and international organizations in fields as diverse as public policy, environmental economics, agribusiness, ecological management, and international relations. Courses offered at UCA in entrepreneurship, management and finance will give enterprising and resourceful students the tools to start their own businesses and contribute to the development of the regional economy. Finally, the program prepares graduates to enter top-ranked graduate and professional schools to pursue research and academic careers. Graduates may continue their education in graduate or professional schools in fields such as law, business administration, health, economic development, social work, consumer advocacy, and natural resource management

The Economics B.A. consists of 240 credits divided as follows:

• Foundational courses in the humanities, social and natural sciences as mandated by the Ministry of Education (54 credits)
• Core courses in Economics, Math and Statistics (93 credits)
• Elective courses from within Economics as well as other majors at UCA (Computer Science, Communications and Media and Earth and Environment Sciences) (69 credits)
• Cooperative and practical training (15 credits)
  Thesis and State Exam (9 credits)

• Introduction to Microeconomics
• Introduction to Macroeconomics
• Calculus
• Accounting
• Statistics
• Linear Algebra
• Research Methods
• Financial Economics
• Econometrics I
• Intermediate Macroeconomics
• Intermediate Microeconomics
• Natural Resource Economics
• Economics of International Trade
• Economics of International Development
• Managerial Economics
• Econmetrics II
• Economies of Central Asia

• Strategic Management
• Social Entrepreneurship
• Marketing
• Project Management
• Tax Policy
• Impact Evaluation
• International Monetary Economics
• Economic Growth
• Game Theory
• Behavioral Economics
• Environmental Economics
• Public Economics
• Energy Economics
• Labor Economics
• Environmental Economics
• Economics of Innovation
• Economics of Tourism
• Gender Economics
• History of Economic Thought