Department of Economics

The Economics program at Nazarbayev University is one of the fastest-growing programs in the School of Humanities and Social Sciences. 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.

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.

Click here to download the policies of the Major/Minor in Economics and information about the courses we offer.

Click here  to download the course audit form of the Major in Economics for the students admitted before 2018.
Click here to download the course audit form of the Major in Economics for the students admitted in 2018 and after.
Economics Department offers a Master of Arts in Economics (MAE) degree program that will directly serve the exigent need of preparing highly qualified Economists. Graduate education in Economics involves the development of analytical, methodological, and applied skills. Developing students’ understanding of macro- and microeconomics will help them to function not only in the private sector, but also in industries that interface with government and governmental agencies (i.e. energy, manufacturing, NGO, 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 doctoral-level education, a Master’s degree in Economics demonstrates advanced research and academic skills that will facilitate their admission to Ph.D. programs in Economics, Business and other social sciences. Even in its first two years, our students were placed (with full funding) to the Ph.D. programs of the following universities: Washington, Vienna, KU Leuven (multiple students), George Washington, Purdue and Wuppertal.

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 thesis.

For more information please check the Master of Arts in Economics (MAE)