Undergraduate Programs

Bachelor of Science in Economics

The Bachelor of Science (BS) in Economics program, designed by United International University, aims at providing the most contemporary and innovative curriculum in the subject based upon a compelling philosophy of teaching that allows students to cope with the changes in the world of economics. At the end of the program each student is expected to demonstrate their learning through a research project paper or internship report.

The main objectives of the BS in Economics program are: a)  to understand the general concepts within Economics; b) Apply qualitative and quantitative reasoning skill to analyse both theoretical and real-world problems; c) Critically evaluate real-world economic problem and the impact of public policy; Develop effective written and Oral communication skill; and e) Demonstrate command of research skill and techniques.

DEGREE REQUIREMENTS

  • A minimum GPA of 2.00
  • Completion of 120 credits
  • A minimum of 60 credits earned at UIU

SPECIALIZATION AREAS

While the students of BS in Economics are equipped with the basics of economic theories through the core courses, the specialization areas are designed to provide additional flexibility in learning and to endow them to compete in the job market with an edge.

United International University has, therefore, chosen the following areas of specialization from applied economics and Business for its students. The specialization areas are:

  1. Quantitative Economics
  2. International Economics and Development
  3. Business Economics
  4. Resource and Environmental Economics
  5. Financial Economics

This approach gives students a better idea of what they can do with economics major and provides specialized training in their fields of interest. However, doing concentration in any of the above areas is not mandatory.

Course/credit requirement

  • Duration of the program : 4 years(12 trimester)
  • Total Credits :  120

Program Structure:

Title Number of Courses Number of Credits
Required GED Courses 8 27 Credits
Optional GED Courses 2 6 Credits
Core Courses 19 57 Credits
Open Elective Courses 5 12 Credits
Specialization Area Courses 4 15 Credits
Guided Research/Internship 1 3 Credits
Total 39 120 Credits

Course Summary

A: GED Courses (33 Credits)

I.Required GED Courses (24 Credits)
URC 1101: Life Skill for Success
CST 1206: Computer Applications                  
ECO 1303: Mathematics for Business and  Economics I   
ECO 1334: Statistics for Business and Economics I                  
BUS 2112: Business Communications                    
ENG 1105: Intensive English – I                                         ENG 1207: Intensive English -II
ECO 3226: Bangladesh Studies                                 
II. Optional GED Courses (9 Credits)
ACN 1205: Financial Accounting I
ACN 1309: Financial Accounting II
MAT 1300: Basic Mathematics
ECN 3230: Economic Geography                   
ENV 3227: Fundamentals of Natural Science 
ENV 2308: Ecological System and Environment
FIN 2319: Principles of Finance                        
HRM 4357: Industrial Psychology                   
ITR 2311: International Relations
MGT 1307: Principles of Management             
MKT 2320: Introduction to Marketing             
PAM 1301: Introduction to Public Administration
SOC 1310: Introduction to Psychology           
SOC 2306: Introduction to Sociology            
B: Economics Core Courses (60 Credits) 
ECO 2303: Mathematics for Business and Economics II            
ECO 1301: Introduction to Microeconomics
ECO 1302: Introduction to Macroeconomics                                
ECO 1374: Statistics for Business and Economics II                               
ECO 2304: Intermediate Microeconomic Theory
ECO 2305: Intermediate Macroeconomic Theory
ECO 2365: Environmental Economics
ECO 3301: Advanced Microeconomics
ECO 3302: Advanced Macroeconomics
ECO 3310: Money and Banking
ECO 3311: Public Finance
ECO 3326: International Trade
ECO 3327: International Finance
ECO 3350: Development Economics               
ECO 3361: Health Economics
ECO 3370: Econometrics I
ECO 3371: Econometrics II
ECO 4350: Labor Economics
ECO 4390: Research Methodology
ECO 4394: Guided Research / Internship

C. Open Elective Courses (27 Credits)

1. At least 12 credits must be ECO Courses

2. Courses in this category cannot be below 3000 levels

3. Students have to take 15 credits from Specialized Area for claiming major in that area.

4. Students can also complete 27 credits without a specialization area of study.

 C1: General ECO courses
ECO 3340: Economics and Psychology
ECO 3341: Economics and e-commerce
ECO 4155: Current Issues in Bangladeshi Economic Policy
ECO 4328: Globalization and History
 ECO 4349: Economics of Information and Uncertainty
ECO 4375: History of Economic Thought
ECO 4380: Urban Economics
ECO 4386: Energy Economics and Policy
ECO 4531: Industrial Organization
ECO 4392: Law and Economics

C2: Specialization Area

Quantitative Economics 
ECO 3337: Real Analysis
ECO 3339: Mathematical Statistics
ECO 4123: Dynamic Optimization and Economic Applications
ECO 4353: Game Theory and Applications
ECO 3331: Economics of Cost Benefit Analysis
ECO 4371: Time Series, Panel and Micro econometrics
ECO 3330: Network Economics
 International Economics and Development
ECO 3349: Issues in International Economics
ECO 3353: Economic Development in South Asia
ECO 4320: International Trade Theory
ECO 4329: Trade Policy Analysis
ECO 4319: Economics of Financial Crisis
ECO 4344: Advanced Topics in Development Economics
ECO 4348: Political Economy of Underdevelopment
 Business Economics
FIN 3123: Managerial Finance
FIN  4219: Security Analysis and Portfolio Management
FIN 3337: Principles of Banking and Insurance                   
FIN 4321: Financial Markets and Institutions  
IBS 3121: International Business                   
MGT 3224: Production and Operations Management  
MGT 3341: Project Management                 
MGT 3229: Entrepreneurship Development  
MKT 4102: Services Marketing                   
MKT 4309: International Marketing
 Resource and Environment
ECO 4386: Energy Economics and Policy
ECO 3335: Natural Resource Economics
ECO 4387: Applied Econometrics
ECO 3383: Economic Valuation of the Environment and Policy Analysis
ECO 4388: Economics of Climate Change
SPECIALIZATION AREA 5: FINANCIAL ECONOMICS 
ECO 3351 Financial Economics
ECO 4379 Financial Econometrics
FIN 4117 Corporate Finance
ECO 4346 Behavioral Finance
ECO 4356 Economics of Investment & Financial Management
ECO 4357 Financial Risk Analysis
FIN 4219 Security Analysis and Portfolio Management
ECO 4358 Risk Modelling and Financial Trading Strategies
ECO 4359 Financial Institutions and Regulations

Students admitted before Summer 2018 will find their course summary on the link below-

Four Year Plan

  Trimester I Trimester II Trimester II
1st Year URC 1101:Life Skill for Success   ECO 1301: Introduction to Microeconomics CST 1206: Computer Applications
ENG 1207: Intensive English II ECO 1302: Introduction to Macroeconomics
ENG 1105: Intensive English I ECO 1303: Mathematics for Business and Economics I ECO 1334: Statistics for Business and Economics I
2nd Year ECO 2303: Mathematics for Business and Economics II ECO 2305: Intermediate Macroeconomics ECO 3301: Advanced Microeconomics
Optional GED course I ECO3326: International Trade
ECO 2304: Intermediate Microeconomics ECO 2365: Environmental Economics ECO 3226: Bangladesh Studies
BUS 2112: Business Communication ECO 1374: Statistics for Business and Economics II Optional GED course II
3rd Year ECO 3302: Advance Macroeconomics ECO 3311: Public Finance ECO 3350: Development Economics
ECO 3310: Money and Banking ECO 3370: Econometrics I ECO 3371: Econometrics II
ECO 3327: International Finance Open Elective 1 Open Elective 3
Open Elective 2 Open Elective 4
4th Year ECO 3361: Health Economics ECO 4350: Labour Economics Open Elective 9
Open Elective 5 ECO 4390: Research Methodology ECO 4394: Guided Research/ Internship
Open Elective 6 Open Elective 8
Open Elective 7

Second Major in Economics (non-Eco undergraduate students at UIU)

For all non-ECO undergraduate students, Department of Economics at UIU offers the option of doing a second major or minor in Economics.

As a Business or Engineering major, what can you do with a second major or minor Economics?

The study of Economics helps the students improves their analytical skills and allows them to develop an understanding of current affairs, their long-term impact and how society functions. These skills and knowledge boost their employability and prepares them for a wide range of careers.

Second Major in Economics (39 Credits)

A: CORE REQUIREMENTS
ECO 1301: Introduction to Microeconomics
ECO 1302: Introduction to Macroeconomics 
ECO 2304: Intermediate Microeconomics
ECO 2305: Intermediate Macroeconomics
ECO 1303: Mathematics for Business and Economics I
ECO 1334: Statistics for Business and Economics I
ECO 2303: Mathematics for Business and Economics II
ECO 1374: Statistics for Business and Economics II
ECO 3370: Econometrics I
ECO 3371: Econometrics II
ECO 3301: Advanced Microeconomics
ECO 3302: Advanced Macroeconomics
B: Open Elective Courses
ECO 3XX/ECO 4XX level credits from the list of approved economics courses

** For Students of BBA program at UIU, total credit requirement for second major in economics is 27 credits (based on course equivalency)

Second Major in Financial Economics (48 Credits)

Code Title Credit
A CORE REQUIREMENTS 45
ECO 1301 Introduction to Microeconomics 3
ECO 1302  Introduction to Macroeconomics  3
ECO 2304 Intermediate Microeconomics 3
ECO 2305 Intermediate Macroeconomics 3
ECO 1303 Mathematics for Business and Economics I 3
ECO 1334 Statistics for Business and Economics I 3
ECO 2303 Mathematics for Business and Economics II 3
ECO 1374  Statistics for Business and Economics II 3
ECO 3370 Econometrics I 3
ECO 3371 Econometrics II 3
FIN 4117 Corporate Finance 3
FIN 4219 Security Analysis and Portfolio Management 3
ECO 3351 Financial Economics 3
ECO 4379 Financial Econometrics 3
ECO 4345 Behavioral Finance 3
B ECO 3XX/ECO 4XX level credits 3
  from the list of approved economics courses  
A + B Total Credits 48

Second Major in International Economics and Development (48 Credits)

Code Title Credit
A CORE REQUIREMENTS 36
ECO 1301 Introduction to Microeconomics 3
ECO 1302  Introduction to Macroeconomics  3
ECO 2304 Intermediate Microeconomics 3
ECO 2305 Intermediate Macroeconomics 3
ECO 1303 Mathematics for Business and Economics I 3
ECO 1334 Statistics for Business and Economics I 3
ECO 2303 Mathematics for Business and  Economics II 3
ECO 1374  Statistics for Business and Economics II 3
ECO 3370 Econometrics I 3
ECO 3371 Econometrics II 3
ECO 3326 International Trade 3
ECO 3350 Development Economics 3
B ECO 3XX/ECO 4XX level credits 9
ECO 3327 International Finance 3
ECO 3349  Issues in International Economics 3
ECO 3353  Economic Development in South Asia 3
ECO 4320 International Trade Theory 3
ECO 4319 Economics of Financial Crisis 3
ECO 4329 Trade Policy Analysis 3
ECO 4344  Advanced Topics in Development Economics 3
ECO 4348 Political Economy of Underdevelopment  
  any other courses added under this section  
A + B Total Credits 48

Minor in Economics (for BBA students at UIU)

Code Title Credit
A CORE REQUIREMENTS 6
ECO 2304 Intermediate Microeconomics 3
ECO 2305 Intermediate Macroeconomics 3
B ECO 3XX/ECO 4XX level credits (any 3) 9
ECO 3310 Money and Banking 3
ECO 3311 Public Finance 3
ECO 3326 International Trade 3
ECO 3327 International Finance 3
ECO 3349 Issues in International Economics 3
ECO 3350 Development Economics 3
ECO 3353 Economic Development in South Asia 3
ECO 3361 Health Economics 3
ECO 3370 Econometrics I 3
ECO 3371 Econometrics II 3
ECO 4155 Current Issues in Bangladeshi Economic Policy 3
ECO 4320 International Trade Theory 3
ECO 4319 Economics of Financial Crisis 3
ECO 4329 Trade Policy Analysis 3
ECO 4350 Labor Economics 3
ECO 4379 Financial Econometrics 3
ECO 3331 Economics of Cost Benefit Analysis 3
ECO 4392 Law and Economics 3
ECO 4531 Industrial Organization 3
ECO 4380 Urban Economics 3
ECO 4390 Research Methodology 3
A+B Total Credits 15

Minor in Economics (for non-BBA & BSECO students at UIU)

Code Title Credit
A CORE REQUIREMENTS 12
ECO 1301 Introduction to Microeconomics 3
ECO 1302  Introduction to Macroeconomics  3
ECO 2304 Intermediate Microeconomics 3
ECO 2305 Intermediate Macroeconomics 3
B ECO 3XX/ECO 4XX level credits (any 3) 9
ECO 3310 Money and Banking 3
ECO 3311 Public Finance 3
ECO 3326 International Trade 3
ECO 3327 International Finance 3
ECO 3349 Issues in International Economics 3
ECO 3350 Development Economics 3
ECO 3353 Economic Development in South Asia 3
ECO 3361 Health Economics 3
ECO 3370 Econometrics I 3
ECO 3371 Econometrics II 3
ECO 4155 Current Issues in Bangladeshi Economic Policy 3
ECO 4320 International Trade Theory 3
ECO 4319 Economics of Financial Crisis 3
ECO 4329 Trade Policy Analysis 3
ECO 4350 Labor Economics 3
ECO 3331 Cost Benefit Analysis 3
ECO 4380 Urban Economics 3
ECO 4392 Law and Economics 3
A + B Total Credits 21