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Economics Major

Economics is the study of efficiently distributing and managing resources to achieve economic welfare for individuals and societies.

Economics Major

Comprehensive Information on Studying Economics at Turkish Universities
Economics is the study of efficiently distributing and managing resources to achieve economic welfare for individuals and societies.
Overview of Economics Studies
History of Economics in Turkey
The study of economics in Turkish universities began in the early 20th century, with universities offering academic programs in economics and economic sciences.
Number of Economics Students in Turkey
Estimates indicate that between 50,000 to 100,000 students are enrolled in economics programs in Turkey.
Advantages of Studying Economics in Turkey
Turkish universities offer diverse academic programs in economics, allowing students to choose the specialization that best suits them.
They provide high-quality education with qualified and specialized professors. Turkey also offers an international educational environment, fostering international cooperation and communication skills.
Students benefit from practical training and application of economic concepts through university programs.
Additionally, Turkey provides affordable and comfortable living arrangements for international students interested in studying economics.
Is Studying Economics Cheap in Turkey?
Studying economics in Turkey can be a cost-effective alternative compared to some other countries, with Turkish universities generally offering good economics programs at reasonable costs compared to universities in Europe, the United States, or Canada.
For further information on the cost of studying economics at Turkish universities, feel free to contact us.
Requirements for Studying Economics in Turkey
Undergraduate Admission Requirements
– Applicants must have a high school diploma or equivalent recognized by an accredited institution.
– They must pass a specific exam for international students, such as the YÖS exam.
– Applicants must apply to the university and submit required documents, including academic records and high school diplomas.
– Additional requirements may include passing the Turkish language test (YDS) or English language tests like TOEFL or IELTS.
Master’s Degree Admission Requirements
– Applicants must have a bachelor’s degree in economics or a related field such as statistics or financial management from a recognized university.
– A good cumulative GPA in the bachelor’s degree (usually not less than 2.5 or 3 out of 4).
– Passing the TOEFL or IELTS with a specified score determined by the university for programs taught in English.
– Passing the General Ability Test (GRE or GMAT) with an acceptable score.
– Submitting a CV with a motivational letter explaining the student’s reasons for pursuing a master’s degree.
– Providing recommendation letters from previous professors.
– Submitting proof of academic background.
Ph.D. Admission Requirements
– Applicants must have a master’s degree in economics or a related field.
– Passing the Turkish language test (YDS) at a certain level if the student is not proficient in Turkish.
– Submitting a compelling research exhibition demonstrating the student’s research capabilities.
– Providing a letter from an academic referee explaining the student’s capabilities and potential.
– Passing the university’s admission test and obtaining permission to continue graduate studies.
– Many programs prefer previous research experience, such as participation in research projects or publication of research.
Duration of Economics Studies at Turkish Universities and Coursework
Bachelor’s Degree Duration
The duration of studying economics for a bachelor’s degree at Turkish universities is typically 4 years.
Bachelor’s Degree Coursework
– Economic Statistics
– Economic Theories
– Monetary Economics and Banking
– International Economics
– Public and Private Sector Economics
– Economic Regulation
– Macroeconomics and Economic Development
Master’s Degree Duration
The duration of studying economics for a master’s degree in Turkey usually ranges from 2 to 3 years.
Master’s Degree Coursework
– Macroeconomic Theory and Microeconomics
– Data Analysis and Economic Statistics
– Monetary Theory
– Economic Policies and Economic Development
– Market Analysis and Market Efficiency
– Corporate Economics and Financial Management
– Labor Economics and Labor Markets
– Investment and Finance
– International Economics and International Economic Relations
Ph.D. Duration
Studying economics for a Ph.D. at Turkish universities typically takes between 3 to 4 years.
Ph.D. Coursework
– Advanced and In-Depth Economic Theory
– Advanced and In-Depth Econometrics
– Advanced Research Methods in Economics
– Advanced Mathematical Economic Theory
– Advanced Monetary Theories
– Advanced International Trade Models
– Advanced Market Structures and Industrial Economics
– Advanced Labor Theories
– Ph.D. Dissertation: Students conduct original research and contribute to scientific knowledge in their major, culminating in a
dissertation supervised by a committee of specialized professors.
Employment Opportunities for Economics Graduates
Employment Opportunities for Bachelor’s Graduates
– Economic Analyst: Analyzes economic data and economic policies, formulates economic forecasts and recommendations.
– Investment Advisor: Provides economic advice and consultations for clients interested in investing their finances in financial markets.
– Economic Research Manager: Organizes and manages economic research programs, provides economic reports and analyses.
– Financial Manager: Manages financial affairs and finances for companies and institutions.
– Government Relations Officer: Collaborates with government and public organizations to define and achieve their institutional goals.
– International Finance Expert: Works in international banks and financial institutions.
Employment Opportunities for Master’s and Ph.D. Graduates
– Employment in banks and financial institutions as economic consultants or financial analysts and bankers.
– Employment in large corporations as economic analysts or research and economic study managers.
– Employment in ministries of economics, finance, and trade as employees or consultants for formulating economic policies.
– Employment in international organizations and institutions such as the World Bank and the International Monetary Fund as economic experts.
– Employment in research centers and economic institutes as researchers or economic analysts.
– Employment in universities and educational institutes as professors and researchers in economics.
– Self-employment opportunities as economic consultants and independent financial analysts.
– Employment in trade and investment sectors as project managers or business development consultants.
Languages Available for Studying Economics in Turkey
The languages available for studying economics in Turkey vary by university and program. Typically, the official language of study in Turkey is Turkish.
However, some universities offer programs in English, French, or Arabic.
List of Some Turkish Universities Offering Economics
– Istanbul University
– Middle East Technical University
– Istanbul Technical University
– Istanbul Bilgi University
– Ankara University
– Marmara University
– Okan University
Explore a world of opportunities at Turkish universities, where you can study economics at a global level and at prices that fit your budget.
Register your credentials now on Alemni Shokran platform and receive full support to apply for admission to Turkish universities and achieve your educational dreams. Contact us now for more information.

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