Department of Economics

Economics at Nazarbayev University is one of the fastest-growing programs in the School of Sciences and Humanities. It aims at providing excellent training — at the level of the best western programs — in macro- and microeconomics, finance, game theory, and econometrics, both theoretical and applied.


Overview
The BA 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 is aimed at providing 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 business and government sector, as well as graduate studies in Economics, Business Administration, International Relations, Law and many others. The department will offer students to choose Economics as their major or minor. Economics students may choose to pursue a standard Economics major or a math-intensive version of the same major. The math-intensive version provides additional training in sophisticated methods that are useful in modeling and forecasting of complex market behavior. The Economics program also provides an opportunity to do an Economics Minor. Students majoring in Economics will be required to take 6 core courses and 7 elective courses at 300- and 400-levels. To get a minor in Economics one should successfully finish 5 core courses and 2 elective courses at any level. All courses will be from the faculty of the Economics program. The BAE program is designed to be completed in four years. The strength of the program is in the large number of scholars who are experts in different areas of Economics. The program is rounded out by the overall BA curriculum in SSH which ensures that our students take a mix of mathematics, science, history, philosophy, and other classes to given them a well-rounded liberal arts education.
Сontacts:

Prof. Dana Bazarkulova, PhD, Director of Undergraduate Studies
Office: 8.507b
Tel. : +7(717)270-5744
dana.bazarkulova@nu.edu.kz
Overview
The Department of Economics offers also a two-year Master of Arts in Economics (MAE) program preparing for both a professional career as an economist and for admission in a top PhD program. Graduate education in Economics aims at the development of analytical, methodological, and applied skills that are essential for both a professional and an academic economist. Developing students’ understanding of both macro- and microeconomics, as well as in quantitative methods, will help them to work not only in the private sector, but also in industries with close contact with the government, governmental agencies, and regulatory bodies (i.e., energy, manufacturing, NGOs, and other firms). Training in data management, macroeconomic policies, optimization problems, and other subjects that are part of the Economics curriculum will help students succeed and advance in a variety of professional environments. For students interested in pursuing a PhD in Economics, the MAE program provides the advanced research and academic skills that will allow graduates to obtain admission into some of the most exigent PhD programs in Economics, Business, and other social sciences. Even in its first two years, MAE graduates were admitted (with full funding) to the PhD programs of the University of Washington at Seattle, University of Wisconsin-Madison, University of Vienna, KULeuven (multiple students), George Washington University, Purdue University and the University of Wuppertal. Recent admissions to PhD programs include Johns Hopkins University and Goethe University in Frankfurt.
The MAE program is designed to be completed in two years. Students complete a core curriculum of nine Economics courses —Microeconomics I, Macroeconomics I, Statistics, Mathematical Economics, Microeconomics II, Macroeconomics II, Econometrics, Applied Econometrics, and Research Methodology— three elective courses, and a master thesis.

Сontacts:

Prof. Julio Dávila, PhD, Director of MA in Economics
Office: 8.507b
Tel. : +7(717)270-5744
dana.bazarkulova@nu.edu.kz