Welcome to the Department of Economics

Economics is the science of choice. It studies how people choose to use scarce or limited productive resources, to produce various commodities, and to distribute these goods for consumption. In other words, economics asks what goods are produced, how these goods are produced, and for whom they are produced. Economics has become increasingly important in recent years and is concerned with a wide range of problems such as the causes of unemployment and inflation, productivity of economic growth, international economics and the role of government in free market economies. The main goal of the Program leading to the Bachelor of Science degree in Economics is to give its students a firm foundation in modern economic theory, a basic descriptive knowledge of the Turkish and of the world economy as well as the capability of quantitative analysis and research.

The program is composed of two parts : During the first two years, the program aims to give students a firm background in economic theory within a general social context including such analytical tools as the mathematics and statistics to prepare them for more specialized and quantitative courses in the last two years.