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Economics

About the Economics Course

The degree course of Economics is provided at the first (Bachelor of Economics) and Second (Master of Economics) levels of higher education. Accounting and Audit courses at the International European University, Ukraine – Malta Campus are academic programs designed to teach students the fundamentals of financial accounting, managerial accounting, and auditing practices. The IEU, Ukraine – Malta Campus students learn about basic accounting concepts and principles, including the accounting equation, debits and credits, and double-entry bookkeeping. They also learn how to prepare financial statements, such as the balance sheet, income statement, and statement of cash flows.

Economics is a social science studying how individuals, businesses, governments, and other organizations allocate resources to satisfy their needs and want. The study of economics is concerned with how people make choices in a world of scarcity, and how those choices affect the production, distribution, and consumption of goods and services. Students of an Economics course at the International European University, Ukraine – Malta Campus learn the behavior of individual consumers and firms, how markets work, and how prices are determined through a combination of lectures, case studies, group discussions, and practical exercises. The IEU, Ukraine – Malta Campus students have the opportunity to participate in internships both in Malta and abroad, study tours, and other experiential learning opportunities to gain practical experience in the field.

Accounting and Audit course at the International European University, Ukraine – Malta Campus teaches students how to plan, organize, and execute projects effectively, including how to manage timelines, budgets, and resources. Accounting and Audit course at IEU, Ukraine – Malta Campus provides students with an understanding of marketing principles, including how to identify customer needs, develop marketing strategies, and measure marketing effectiveness.

Name of the specialty – Economics;

Level of Higher Education – First (Bachelor of Economics) and Second (Master of Economics) level;

List of specializations – Macroeconomics, Microeconomics, Econometrics, International Economics, Development Economics, Environmental Economics, Health Economics, Public Economics, Behavioral Economics, Financial Economics;

The total amount of credits of the European Credit Transfer and Accumulation System – 360 credits;

The duration of studying – 4 years of full-time studying (Bachelor of Economics) and 2 years of full-time studying (Master of Economics).

The Educational Process

International European University, Ukraine – Malta Campus Business School aims to provide international students with invaluable knowledge and experience in Accounting and Audit using modern information technologies, software, and technical advancements. We use European study plans and curricula, modernized classrooms, reading rooms, and all necessary equipment to make the educational process more comfortable and effective.

The educational process for the Economics course at the International European University, Ukraine – Malta Campus involves a combination of classroom instruction, independent study, and practical application of knowledge and skills. In addition to lectures, students are engaged in class discussions where they can ask questions, clarify doubts, and share their perspectives on different topics. It helps the IEU, Ukraine – Malta Campus students to develop a deeper understanding of the subject matter by exploring it from different angles.

The Economics course at the International European University, Ukraine – Malta Campus includes smaller discussion groups or seminars where students can ask questions, discuss readings, and work on problem sets together. This can be an opportunity to deepen understanding of the material and to engage with peers and professors.

The Economics course at the International European University, Ukraine – Malta Campus often requires students to complete assignments such as problem sets, essays, or research papers. These assignments can be both individual and group projects and can help students develop critical thinking and research skills. Exams are used to assess student learning and can be in the form of multiple-choice questions, short-answer questions, or essay questions. They can cover material from lectures, readings, and assignments.

Future Economics professionals obtain the necessary knowledge and competencies to be able to:

  • Understanding basic economic concepts;
  • Comprehending economic literature and contributing to work relating to economics;
  • Learning about economic principles like supply, demand, costs, benefits, economic sustainability, production, scarcity, and efficiency;
  • Using economic research to help forecast economic activity and interest rates;
  • Helping business professionals make smart economic decisions for their companies;
  • Reading and understanding economic reports, collecting data, and developing theoretical economic frameworks;
  • Analyzing data to help improve public understanding of economic events and principles;
  • Using economic data analysis to understand the financial health of a country or market;
  • Forming models or using computer software to complete complex analyses;
  • Writing and editing reports to help professionals express their knowledge of economics clearly;
  • Communicating economic findings with non-economics professionals;
  • Collaborating with a wide range of other professionals, including both economists and non-economics professionals;
  • Exchanging ideas and solving problems creatively;
  • Collaborating with individuals who have access to different data or research materials;
  • Working with many numbers and figures;
  • Having attention to detail to catch minor errors in economic reports, analyze complex data, or improve active listening skills;
  • Improving organizational skills by focusing on the effective use of every element of your digital and physical workspace;
  • Using the company’s data to make sound financial decisions and unfold deep insights about customers, markets, and competition;
  • Making profitable future investments, sound business decisions, and aiding product development;
  • Understanding complex data science algorithms;
  • Working with data science and analytically equipped applications;
  • Effectively using scientific and analytical tools for financial planning and management;
  • Using analytical skills to conduct audits and create detailed reports based on budgets and forecasts;
  • Extracting, sorting, cleaning, and interpreting data;
  • Being well-versed in financial management to help the organization make the best of its revenue and suggest new investment avenues;
  • Tracking the performance of an organization and providing deep insights into a company’s financial performance;
  • Having the necessary education, training, and financial certifications to back up any work experience;
  • Being able to plan short and long-term financial goals for organizations, with detailed plans for financial stability;
  • Being able to handle large sums of money and allocate them appropriately across areas of an organization;
  • Being able to analyze financial documents and identify any risk factors;
  • Being able to keep track of the amount of cash an organization has at any time;
  • Being able to project how much money will be available in the future and spot any potential slow-down in cash flow coming up;
  • Being able to look at numbers and identify patterns, trends, and discrepancies;
  • Communicating the patterns and trends to stakeholders internally and externally is essential.

Compulsory Subjects

The curriculum covers a comprehensive range of subjects. The major subjects (or modules) are:

  • Microeconomics;
  • Macroeconomics;
  • Econometrics;
  • Mathematics for Economists;
  • Statistics for Economists;
  • International Economics;
  • Financial Economics;
  • Public Finance;
  • Game Theory;
  • Development Economics;
  • Principles of Economics;
  • Managerial Economics;
  • Labor Economics;
  • Environmental Economics;
  • Industrial Organization;
  • Monetary Economics;
  • Behavioral Economics;
  • Health Economics;
  • Agricultural Economics;
  • Law and Economics;
  • Economic History;
  • Economic Geography;
  • Urban Economics;
  • Econometric Theory;
  • Time Series Analysis;
  • Money and Banking;
  • Financial Econometrics;
  • Behavioral Finance;
  • Financial Engineering;
  • Financial Accounting;
  • Cost Accounting;
  • Managerial Accounting;
  • Strategic Management;
  • Organizational Behavior.

Career Perspectives

After finishing the educational professional program of the specialty «Economics» specialists can perform professional work as:

  • Economist;
  • Financial Analyst;
  • Investment Analyst;
  • Data Analyst;
  • Market Research Analyst;
  • Budget Analyst;
  • Risk Analyst;
  • Business Consultant;
  • Actuary;
  • Policy Analyst;
  • Economic Forecaster;
  • Quantitative Analyst;
  • Statistician;
  • Econometrician;
  • Market Strategist;
  • Portfolio Manager;
  • Government Economist;
  • Professor/Academic Economist;
  • International Trade Specialist;
  • Development Economist;
  • Public Finance Analyst;
  • Nonprofit Analyst;
  • Environmental Economist;
  • Urban Planner;
  • Real Estate Analyst;
  • Corporate Economist;
  • Labor Market Analyst;
  • Health Economist;
  • Agricultural Economist;
  • Energy Economist;
  • Economic Journalist;
  • Financial Journalist;
  • Political Analyst;
  • Economic Advisor to Politicians;
  • Economic Advisor to Private Corporations;
  • Economic Development Specialist;
  • Banker;
  • Insurance Underwriter;
  • Corporate Trainer;
  • Data Scientist.

Why Obtain an Economics Degree in Europe?

If you’re looking to study Economics in Europe, the International European University, Ukraine – Malta Campus is an excellent option for international students. Our Business School is consistently ranked among the TOP-10 Business Schools in Europe, and the quality of education is top-notch. Studying Economics at IEU, Ukraine – Malta Campus offers a fantastic opportunity to obtain a high-quality degree from one of the best universities in the EU.

IEU, Ukraine – Malta Campus international students gain access to award-winning teaching methods and internationally recognized qualifications used worldwide. Pursuing a degree in Economics from IEU, Ukraine – Malta Campus involves practicing management skills through various classroom discussions, group activities, and individual assignments. By studying Economics at IEU, Ukraine – Malta Campus, students acquire the skills and knowledge to identify and evaluate new business opportunities.

Career Perspectives with Economics Degree in Europe

Pursuing an Economic Degree at the International European University, Ukraine – Malta Campus can prepare you for various career opportunities in the public and private sectors, such as economic research, consulting, banking, and government. A degree in Economics from IEU, Ukraine – Malta Campus can also increase your earning potential and help you stand out in the job market both in Malta and abroad.

Application Process for Economics in Europe

The application process for an Economics degree at International European University, Ukraine – Malta Campus is easy and fast compared to other European Economics universities. International students are provided with full support along the way while collecting the necessary documents, submitting their application, and obtaining the Student Visa.

Rich Cultural Experience in Europe

International students of IEU, Ukraine – Malta Campus are always amazed by Maltese culture rich in history and tradition. The islands discovering is always an eye-opening experience for students who have never left their home country before. Students have the opportunity to travel around Europe during their time abroad, which allows them to see how other cultures live and what they value most about life. Obtaining an Economics Degree abroad offers some unforgettable experiences students will never forget! For example: visiting museums or historical sites; tasting new foods from around the world; learning how people celebrate holidays differently; meeting new friends from all over the world who share similar interests, and many more!

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