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Bachelor of Arts in Economics
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The Bachelor of Arts in Economics (BAE) degree program will offer a unique blend of required and elective courses that give students a solid theoretical background and overview of different economic fields. It aims to provide excellent training in the core economic theory and different fields within Microeconomics and Macroeconomics.
The program is designed to provide students with theoretical knowledge and practical skills for successful careers in the business and government sectors and graduate studies in Economics, Business Administration, International Relations, Law, and many others.
The Bachelor of Arts in Economics (BAE) degree program will offer a unique blend of required and elective courses that give students a solid theoretical background and overview of different economic fields. It aims to provide excellent training in the core economic theory and different fields within Microeconomics and Macroeconomics.
The program is designed to provide students with theoretical knowledge and practical skills for successful careers in the business and government sectors and graduate studies in Economics, Business Administration, International Relations, Law, and many others.
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Program Learning Outcomes
On successful completion of the program, graduates will be able to:
- Develop critical thinking by applying economic analysis to everyday phenomena and to the evaluation of economic policies, to identify and understand the role of assumptions in theoretical and empirical arguments.
- Develop quantitative skills in order to evaluate the validity of economic arguments by the use of empirical evidence, apply statistical methods to the analysis of economic data.
- Develop problem-solving skills to analyze and evaluate behavior and outcomes by using economic concepts and methods.
- Acquire specialized knowledge in different fields of the discipline.
- Communicate effectively by written and oral form using the competencies acquired throughout their studies.
BA in Economics program runs 4 years (8 semesters) where you are required to complete 240 ECTS credits.
Economics requirements:
Introduction to Microeconomics
Introduction to Macroeconomics
Economic Statistics
Intermediate Microeconomics
Intermediate Macroeconomics
Econometrics I
General Economics Electives (300 level economics electives)
Advanced Economics Electives (400 and higher level economics electives)
Introduction to Microeconomics
Introduction to Macroeconomics
Economic Statistics
Intermediate Microeconomics
Intermediate Macroeconomics
Econometrics I
General Economics Electives (300 level economics electives)
Advanced Economics Electives (400 and higher level economics electives)
Distribution requirements:
Two Kazakh courses
History of Kazakhstan
Ethics course
Writing and Communication
Four Humanities Electives
Three Social Science electives
Natural Sciences and Math
Computer Science course
Business course
Any courses from SSH or SEDS
Two Kazakh courses
History of Kazakhstan
Ethics course
Writing and Communication
Four Humanities Electives
Three Social Science electives
Natural Sciences and Math
Computer Science course
Business course
Any courses from SSH or SEDS
The Minor in Quantitative Finance is designed to give students indispensable economic and mathematical tools used in modern finance. You will learn how to apply mathematical models to concrete real-world financial scenarios ranging from valuing complex financial instruments such as futures and options, to uncovering market trends and managing risk. Whether your aspirations lie in investment banking, risk management, or financial analysis, this Minor will boost your future career.
Students can apply for the Minor in Quantitative Finance at the end of the Fall of their 3rd year. The deadline to apply for the Minor is at the end of the Fall of their 4th year.
The requirement for the Minor declaration is the completion of the following courses:·
Section A Economics courses, at least one course (B+ and above):
Students can apply for the Minor in Quantitative Finance at the end of the Fall of their 3rd year. The deadline to apply for the Minor is at the end of the Fall of their 4th year.
The requirement for the Minor declaration is the completion of the following courses:·
- ECON101 Introduction to Microeconomics (B- and above)·
- MATH161 Calculus I (B- and above)·
- ECON201 Intermediate Microeconomics (B- and above)·
- ECON 211 Economic Statistics (B- and above)·
- One ECON Elective from Section A below (B+ and above)
Section A Economics courses, at least one course (B+ and above):
- ECON320 Money and Banking
- ECON326 The Economics of Financial Markets
- ECON337 Empirical Finance
- ECON414 Advanced Monetary Policy
- ECON418 Corporate Finance and Governance
- MATH323 Actuarial Mathematics I
- MATH423 Actuarial Mathematics II
- MATH424 Mathematical Finance
- MATH425 Stochastic Processes
- MATH455 Stochastic Calculus
The Minor in Economics provides students with a foundational understanding of economic principles, theories, and analysis techniques without requiring the extensive coursework of a major. This Minor is designed for students from diverse backgrounds (STEM, humanities, engineering, etc) interested in leveraging their technical or soft skills to build a career in fields such as business, management, economics and finance, public policy, and more.
Students can apply for the Minor in Economics starting from the 3-year of studies. The requirement for the Minor declaration is the completion of the following courses by the end of their 5th semester:
• ECON101 Introduction to Microeconomics
• ECON102 Introduction to Macroeconomics
• MATH161 Calculus I
• ECON201 Intermediate Microeconomics
• ECON202 Intermediate Macroeconomics
Students will need to receive a minimum of B- in ECON101, ECON102, and MATH161. Moreover, students must receive a minimum of B- in ECON101, ECON102, and MATH161.
To confirm the Minor in Economics, the students must have completed 42 credits outlined in the table below by the end of their studies. The passing grade for Introduction to Microeconomics and Introduction to Macroeconomics must be aminimum of B-. For non-Economics students, the combination of MATH321 Probability and MATH322 MathematicalStatistics/MATH310 Applied Statistical Methods is counted as a prerequisite for Econometrics I.
Course Categories
Elementary Economics Courses 12
Students can apply for the Minor in Economics starting from the 3-year of studies. The requirement for the Minor declaration is the completion of the following courses by the end of their 5th semester:
• ECON101 Introduction to Microeconomics
• ECON102 Introduction to Macroeconomics
• MATH161 Calculus I
• ECON201 Intermediate Microeconomics
• ECON202 Intermediate Macroeconomics
Students will need to receive a minimum of B- in ECON101, ECON102, and MATH161. Moreover, students must receive a minimum of B- in ECON101, ECON102, and MATH161.
To confirm the Minor in Economics, the students must have completed 42 credits outlined in the table below by the end of their studies. The passing grade for Introduction to Microeconomics and Introduction to Macroeconomics must be aminimum of B-. For non-Economics students, the combination of MATH321 Probability and MATH322 MathematicalStatistics/MATH310 Applied Statistical Methods is counted as a prerequisite for Econometrics I.
Course Categories
Elementary Economics Courses 12
- 6 credits Introduction to Microeconomics
- 6 credits Introduction to Macroeconomics
- 6 credits Intermediate Microeconomics
- 6 credits Intermediate Macroeconomics
- 6 credits Econometrics I
- Any courses