BSc Economics – Economic Theory and Econometrics
The BSc Economics degree with a concentration in Economic Theory and Econometrics provides a strong quantitative and analytical background. The programme combines modern economic theory with advanced quantitative methods, allowing students to develop skills in modelling, statistical analysis, and empirical research using real economic data and modern software tools.

This concentration prepares students both for demanding professional careers requiring analytical and quantitative thinking and for advanced postgraduate studies in economics, econometrics, finance, data science, and related quantitative fields.
Future Prospects:
Econometric Analysis • Data Analysis • Financial & Risk Analysis • Economic Consulting • Research Analyst • Data Science • Central Banks • Financial Services • Policy Analysis • Research Institutions • Postgraduate Studies and Academic Research
Programme Aims
  1. To provide a strong foundation in economic theory, econometrics, mathematical economics, and quantitative data analysis, preparing students for demanding and dynamic professional environments.
  2. To develop skills in empirical research, economic modelling, and the application of statistical and econometric methods to the study of real-world economic issues.
  3. To prepare graduates for advanced postgraduate studies in fields such as economics, econometrics, finance, data science, and related quantitative disciplines.
Learning Outcomes
Graduates will:
  • have an in-depth understanding of economic theory, econometrics, and quantitative methods used in modern economic analysis.
  • be able to develop and apply economic and econometric models for the analysis of real-world economic issues.
  • have developed advanced skills in the management, analysis, and interpretation of economic data using statistical and computational tools.
  • be able to empirically evaluate economic relationships and draw evidence-based conclusions using quantitative data and research methods.
  • have acquired skills in critical thinking, economic reasoning, and scientific research, valuable both in the labour market and in advanced postgraduate studies.
Basic Information & Requirements

To obtain the BSc Economics degree, students must complete at least 240* European Credit Transfer System credits (ECTS). In addition, all of the following requirements must be fulfilled:

240 ECTS
155 ECTS ECO
14 ECTS MAS/ECO5XX
12 ECTS Restricted Electives
20 ECTS Free Electives
24 ECTS MAS/CS
15 ECTS English
  • At least 155 ECTS must come from courses offered by the Department of Economics (course code ECO), including compulsory Department courses (95 ECTS – ECO111, ECO112, ECO113, ECO121, ECO211, ECO221, ECO222, ECO223, ECO261, ECO262, ECO263, ECO397, ECO415, ECO497) and restricted elective courses offered by the Department (10 courses × 6 ECTS = 60 ECTS).
  • At least 14 ECTS must come either from courses offered by the Department of Mathematics and Statistics (MAS) listed below or from Department of Economics courses with code ECO 5XX (ECO501, ECO502, ECO503, ECO551, ECO552, ECO553).
  • At least 12 ECTS from restricted elective courses either from the Department of Economics, in addition to the above, or from other departments, selected from the lists provided below.
  • At least 20 ECTS must come from free elective courses selected from at least three different faculties of the University. Students may, if they wish, take up to 6 ECTS in Sports courses. Regarding foreign language courses, only one first-level foreign language course may count as a free elective unless the student also completes the second level, in which case both levels may count as free electives.
  • 24 ECTS from the compulsory courses MAS001, MAS061, CS032, and CS037, which students take during their first year of studies.
  • Completion of 15 ECTS in English language courses (LAN100, LAN101, LAN209).

Indicative Academic Programme per Semester

Programme structure by year and semester

Year 3
Semester 5
1 Elective Course
5 ECTS
Semester 6
1 Elective Course
5 ECTS
Note: Courses in brackets are prerequisites.

* Unrestricted elective courses: Courses offered by any department of the University, provided they come from at least three different faculties.

Last Updated on May 15, 2026