The dynamic and arduous nature of the economic landscape persists to this day. From the Asian Financial Crisis of 1997-98 to the Global Recession of 2008, policymakers have encountered increasingly daunting challenges in navigating their nations through these turbulent times. At AIUB FBA’s department of Business economics we believe that the cultivation of a robust economic education is of utmost significance in the development of competent leaders, scholars, and policymakers who possess the requisite knowledge to formulate more efficacious policies and enhance the overall state of the national economy.
By enrolling in courses such as Microeconomic Theory , Macroeconomics of Developing Countries , Development Economics , Political Economy , Economics of Natural Resources and Environment , Comparative Economic Analysis , Bangladesh Economy , Labor Economics , Health Economics, and more students can be comprehended more effectively by acknowledging fundamental economic principles such as tradeoffs, opportunity cost, and cost-benefit analysis. The decision-making process of an individual, whether it be as a consumer, worker, investor, entrepreneur, or voter, is intricately connected to the broader societal and economic context. Hence, it is indisputable that individuals possessing economic and financial literacy would be more capable of making sound decisions, ultimately resulting in societal and economic benefits. Conversely, the rapidly expanding business sector has a significant demand for graduates who possess a comprehensive understanding of both domestic and international markets and economies, and are capable of executing strategic planning and quantitative analysis.
The program endeavors to equip students with a comprehensive comprehension of economic and financial matters, encompassing both theoretical and empirical aspects. The primary objective of this program is to foster the development of critical thinking and analytical abilities among students in their examination of economic issues and phenomena. The program offers undergraduate students the chance to study economics. The educational objectives of the program place significant emphasis on the capacity of undergraduate students to grasp the fundamental principles of economics, and to apply economic and financial theories in a rigorous manner to analyze real-world economic phenomena. The primary objective of the Department of Economics at the University is to comprehensively comprehend the generation and allocation of resources at the individual, corporate, and societal levels, and to assess the social policies that influence these phenomena. Our approach involves conducting rigorous research on urgent social issues and imparting advanced knowledge of economic methodologies and critical perspectives to students across all levels of education. The primary objective is to establish a dynamic and encouraging scholarly setting that yields revolutionary and inventive economic investigations, which result in a lasting influence on economic policies, and that fosters and motivates upcoming researchers and leaders.
List of Business Economics [BECO] Major Courses in the BBA Program:
BECO 4001 Microeconomic Theory
BECO 4002 Macroeconomics of Developing Countries
BECO 4003 Mathematical Economics
BECO 4004 Applied Econometric Models
BECO 4005 Development Economics
BECO 4006 Political Economy
BECO 4007 Economics of Natural Resources and Environment
BECO 4008 Comparative Economic Analysis
BECO 4009 Bangladesh Economy
BECO 4010 Introduction to Game Theory
BECO 4011 Labor Economics
BECO 4012 Health Economics
Pre-Requisite: BBA 2222 Macro Economics (For All)
List of Business Economics [BECO] Major Courses in the MBA Program:
BECO 6001 Microeconomic Theory
BECO 6002 Mathematical Economics
BECO 6003 Applied Econometric Models
BECO 6004 Development Economics
BECO 6005 History of Economic Thoughts
BECO 6006 Political Economy
BECO 6007 Economics of Natural Resources and Environment
BECO 6008 Bangladesh Economy
BECO 6009 Introduction to Game Theory
BECO 6010 Economic Analysis of Law
BECO 6011 Labor Economics
BECO 6012 Health Economics
Pre-requisite: MBA 5209 Economics for Managers (For All)