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Department of Economics

Faculty Page | Courses | Master/Ph.D.

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Message of the Chairman

Dear Students;

Both the economic crises that are encountered globally and the global power of EU in political field give you, as the students receiving education at the Department of Economics and of the EU Relations, a chance to investigate the global issues that are direct concern of your field and receive a contemporary education in this field. Therefore; you, as the students receiving education at these departments, have to closely follow the economic and political developments and policies both in your country and in the world. We live in an entirely globalized world in economic and political terms. Countries have no chances in becoming unaware of each other’s dynamics since even a slightest political, economical, social or cultural dynamism emerging in some regions might cause a shocking effect over other countries. The economic crises that we are experiencing nowadays are also effective on gigantic economies like the US and the EU. These current global economic crises once more emphasize the importance of Economics. South Cyprus is a full member of the European Union. However, Turkey has a full membership in Customs Union and the EU full membership negotiations are still in progress. This current case indicates that the necessity of having sufficient knowledge and perspective what EU means for the students receiving education in TRNC and in Turkey is essential. Because of this, you, the students receiving education at the department of EU Relations, have to gain an extensive insight about the subjects relevant to EU so as to be an envoy to contribute progressive and effective relations between TRNC -Turkey and EU.

Assoc. Prof. Dr. Hüseyin Özdeşer
The chairperson of Economics and EU Relations Departments

The Department of Economics offers a Bachelor of Science (BS) degree in Economics, providing a comprehensive education in economics and equipping students with essential analytic skills and abilities necessary for carrying out effective decision making processes which are essential in the present-day world of business. In addition to theoretical studies, this program offers students comprehensive and critical analysis of the developmental process of European Economic Integration. The Department aims to provide undergraduate studentss with the necessary training by offering certain fundamentals to carry out further studies for higher degrees in economics and relevant disciplines. Students are also introduced with the subjects such as psychology, sociology, law and business studies, and with the disciplines more traditionally associated with economic science. The courses are designed to provide students with a deep theoretical knowledge in economics and a thorough understanding of EU policy and European economy in general. The program places strong emphasis on requirements of the public policy and its implications for business strategy in a global environment, and the courses provide a balance between economic theory and applied economic analysis.

We adopt the following objectives as the basis of our vision and mission in accordance with those declared by the Faculty of Economics and Administrative Sciences. We also adopted the values and goals set for the advancement policies of the Near East University and are devoted to commitments also declared by the Faculty of Economics and Administrative Sciences.

Our mission is to create a unique educational environment where students can successfully practice methods to reconstruct resources for producing the goods and services to satisfy the needs and fulfil the demands of the society, explore the growth of the world’s economies, tax policies, inflation, unemployment, tariffs, and international trade. We prepare our students to be ready to combine both their educational knowledge and practical skills successfully and get ready for their future careers in a global, rapidly changing business environment.

Our vision is to be a leading model for all who seek intellectual vitality in a learner-centred and socially responsible academic community in economics.


The educational objective of the B.S. program is to provide students with extensive knowledge of economical theories, an ability to apply economic analysis in administrative positions in both the business and public sectors, country and with the skills necessary to adapt to the changing environment.

Students enrolled in the B.S. program take basic courses focusing on work, business and economics with some additional eight courses in economics.

A student may pursue a General Economics program, or course wthin the junior and senior years and take eight field-related courses leading to a minor specialisation in either Applied Economics or International and European Economics.
The B.S. degree is conferred upon satisfactory completion of 120 credit-hours(40 courses).


The Department of Economics aims to offer students a rigorous training in the areas of economics and econometrics, donating them with a thorough knowledge which is essential in order to follow successful academic or professional careers in universities, research-oriented organisations or in business. In addition to training in basic economics and econometrics, the Department of Economics provides guidance in research methods and advise students on the preparation of their dissertations. The courses are designed to make students gain a deep insight and knowledge in theory of economics and develop a thorough understanding of EU (European Union) policy and European Economy in general. Candidates of the Master of Science (M.S) degree in economics are required to complete 10 courses (30 credit) and a thesis (6 credit). Candidates who would aim to obtain a Master or Art (MA) degree in economics are required to complete 12 courses (36 credits).

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