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Economics

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    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. Economics course at the International European University, Poland is an academic program designed to teach students the fundamentals of financial accounting, managerial accounting, and auditing practices. The IEU, Poland students learn basic accounting concepts and principles, including the accounting equation, debits and credits, and double-entry bookkeeping. They 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, Poland 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, Poland students can participate in internships both in Poland and abroad, study tours, and other experiential learning opportunities to gain practical experience in the field.

    Economics course at the International European University, Poland teaches students how to plan, organize, and execute projects effectively, including managing timelines, budgets, and resources. Economics course at IEU, Poland 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 from 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).

    Educational Process

    International European University in Poland Business School aims to provide international students with invaluable knowledge and experience in Economics using modern information technologies, software, and technical advancements. IEU, Poland uses 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, Poland 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, Poland students to develop a deeper understanding of the subject matter by exploring it from different angles.

    The Economics course at the International European University, Poland 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 requires students to complete assignments such as problem sets, essays, or research papers. The 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.
    professionals.


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

    • Understanding basic economic concepts
    • Comprehend economic literature and contribute to work relating to economics
    • Learn about economic principles like supply, demand, costs, benefits, economic sustainability, production, scarcity, and efficiency
    • Use economic research to help forecast economic activity and interest rates
    • Help business professionals make smart economic decisions for their companies
    • Reading and understanding economic reports, collecting data, and developing theoretical economic frameworks
    • Analyze data to help improve public understanding of economic events and principles
    • Use economic data analysis to understand the financial health of a country or market
    • Form models or use computer software to complete complex analyzes
    • Write and edit reports to help professionals express their knowledge of economics clearly
    • Communicate economic findings with non-economics professionals
    • Сollaborate with a wide range of other professionals, including both economists and non-economics professionals
    • Exchange ideas and solve problems creatively
    • Collaborate with individuals who have access to different data or research materials
    • Work with many numbers and figures
    • Have attention to detail to catch minor errors in economic reports, analyze complex data, or improve active listening
    • Improve organizational skills by focusing on the effective use of every element of the digital and physical workspace
    • Use the company’s data to make sound financial decisions and unfold deep insights about customers, markets, and competition
    • Make profitable future investments, sound business decisions, and aid product development
    • Understanding complex data science algorithms
    • Working with data science and analytical-equipped applications
    • Effectively use scientific and analytical tools for financial planning and management
    • Use analytical skills to conduct audits and create detailed reports based on budgets and forecasts
    • Extracting, sorting, cleaning, and interpreting data
    • Be well-versed in financial management to help the organization make the best of its revenue and suggest new investment avenues
    • Track the performance of an organization and provide deep insights into a company’s financial performance
    • Have the necessary education, training, and financial certifications to back up any work experience they have
    • Be 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 is an essential skill
    • Be able to analyze financial documents and identify any risk factors
    • Be 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
    • Be 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
    • Development 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
    • Econometrics
    • 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 in Poland 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, Poland offers a fantastic opportunity to obtain a high-quality degree from one of the best universities in the EU.

    IEU, Poland international students gain access to award-winning teaching methods and internationally recognized qualifications used worldwide. Pursuing a degree in Economics from IEU, Poland involves practicing management skills through various classroom discussions, group activities, and individual assignments. By studying Economics at IEU, Poland, 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, Poland 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, Poland can also increase your earning potential and help you stand out in the job market both in Poland and abroad.

    Application Process for Economics in Europe
    The application process for an Economics degree at International European University in Poland is easy and fast compared to other European Economics universities. International students are provided with full support while collecting the necessary documents, submitting their application, and obtaining the Student Visa.

    Rich Cultural Experience in Europe
    International students of IEU, Poland are always amazed by Polish culture rich in history and tradition. Country discovery 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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