The information and program qualifications related to the Economics Bachelor of Science Program, under the Department of Economics of the Faculty of Management, are summarized below.
Information About The Program
The Department of Economics, a vibrant and central location of Istanbul, offers a unique program in undergraduate economics that excel both in the theory and the practice of economics with the goal of producing world class and globally competitive economics majors.
The Department of Economics at ITU plays a central role in channeling ITU’s vast technical expertise of 250 years to micro- and macroeconomic policy making. To achieve this goal, the Department employs in its teaching and research activities a multidisciplinary approach including joint workshops, seminars, guest lecturers and projects with ITU’s basic science and engineering departments. Field expertise of departmental faculty parallels this mission and includes Development Economics, Education Economics, Energy Economics, Health Economics, Industrial Organization, and International Trade. The students are expected to specialize in one of these fields via choosing their elective classes, internships, and graduation thesis topic accordingly.
Our professors are active both in research and consulting and advising public and private institutions. These experiences are reflected in the classroom contributing to the specialization of the students who are integrated to some of these projects.
As a social science, Economics examines the production and consumption oriented decisions of individuals, firms, and states. Because it assumes that the average individual is generally rational, Economics can develop some testable propositions and determine positively the effect of various decisions strategies, and policies on social welfare. In addition, systematic deviations from rationality are examined under the behavioral economics electives. More specifically, Economic Sciences examine via advanced theories and models topics such as market structures, unemployment, money supply, and taxation using tools like Game Theory and Econometrics. Graduates who obtain a Bachelor of Science degree from ITU Economics gain competency in assessing the aforementioned examinations and develop business strategies and public policies.
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Registration Requirements
YKS Quotas, Student Success Ranking, Minimum and Maximum Scores for the Last Five Years
Economics Bachelor of Science Program (%100 English)
| Year | Point Type | Qoata | Min Point | Max Point
|
| 2019 | EA | 60 | 426,28017 | 461,98667 |
| 2020 | EA | 60 | 459,16668 | 478,16284 |
| 2021 | EA | 60 | 410,84865 | 533,79593 |
| 2022 | EA | 40 | 480,66359 | 535,94051 |
| 2023 | EA | 40 | 487,49685 | 515,25225 |
| 2024 | EA | 35 | 475,94136 | 512,74874 |
| Year | Lowest Success Ranking | Heighest Success Ranking | Average Success Ranking |
| 2019 | 9212 | 2206 | 6964 |
| 2020 | 4622 | 2240 | 3719 |
| 2021 | 5476 | 16 | 3753 |
| 2022 | 2785 | 74 | 2084 |
| 2023 | 1803 | 531 | 1548 |
| 2024 | 1608 | 290 | 1256 |
Economics Bachelor of Science Program (%100 English) Graph of Minimum and Maximum Scores by Year
MasterBee
English Proficiency
Regulations and Guidelines
Academic Calendar
Course Plans, Prerequisites and Course Equivalence
Course Information
Course Schedules
Course Adjustment and Exemption Procedures
Program Educational Objectives
Competency in the fundamental economic approach that models economic and social problems mathematically as environments with various types of equilibria where representative agents maximize their objective functions subject to a set of constraints.
Competency in the microeconomic price system in the context of private and public goods and international trade, and the ability to design business strategies and public policies considering efficiency-equity balance and the legal framework. Skill to express findings in Turkish or English.
Ability to construct basic macroeconomic models regarding the general price level, unemployment, and output. Skill to express findings in Turkish or English.
Ability to assess the social benefits, costs, and determinants of economic growth and technological advancement.
Competency in statistical and econometric modeling and methods to analyze and interpret at a basic level economic and social data in a computerized environment. Skill to express findings in Turkish or English.
Ability to develop expertise in the economics of a sector. Specialty in a domestic or foreign sector.
Competency in economic models of decision-making and in alternative assumptions related to decision-making.
Competency to analyze domestic or foreign economic institutions and regulations considering the historical, legal, and social infrastructure. The skill to combine such an analysis with sectoral expertise.
Measurement and Evaluation
Student success is evaluated in consideration of Articles 20, 21, 22, 23, 24, and 25 of the Istanbul Technical University Undergraduate Education and Training Regulation.
Click here for the relevant regulation.
Internship
This program 40 days contains mandatory intership.
Graduation Requirements
The Awarded Degree and Title
Degree : Bachelor of Science Title : -
Program Employment Opportunities
Private Sector:
Finance : banks, investment banks, mutual funds, insurance companies, brokerage firms
Audit: Big 4 (Deloitte, E&Y, KPMG, PricewaterhouseCoopers) and other firms
International Consulting: McKinsey, BCG, ADLittle…
Real Sector: Regulation, strategy, finance, marketing departments, Chief Economist or their team
Public Sector:
All ministries, CBT, Treasury, BRSA, CMB, Borsa İstanbul, CSD, Takasbank
Regulatory agencies: EMRA, ICTA, TCA
TurkStat
International Organizations:
World Bank, IMF, UNDP, WHO….
Non-profit institutions:
CSO, Think Tanks...
Number of Graduates
Economics Bachelor of Science Program (%100 English) Graduate Statistics
| Year | Number of Graduates |
| 2017 | 6 |
| 2018 | 22 |
| 2019 | 31 |
| 2020 | 43 |
| 2021 | 51 |
| 2022 | 61 |
| 2023 | 57 |
| 2024 | 72 |
Program Outcomes
P.O.1 Competency in the fundamental economic approach that models economic and social problems mathematically as environments with various types of equilibria where representative agents maximize their objective functions subject to a set of constraints.
P.O.2 Competency in the microeconomic price system in the context of private and public goods and international trade, and the ability to design business strategies and public policies considering efficiency-equity balance and the legal framework. Skill to express findings in Turkish or English.
P.O.3 Ability to construct basic macroeconomic models regarding the general price level, unemployment, and output. Skill to express findings in Turkish or English.
P.O.4 Ability to assess the social benefits, costs, and determinants of economic growth and technological advancement.
P.O.5 Competency in statistical and econometric modeling and methods to analyze and interpret at a basic level economic and social data in a computerized environment. Skill to express findings in Turkish or English.
P.O.6 Ability to develop expertise in the economics of a sector. Specialty in a domestic or foreign sector.
P.O.7 Competency in economic models of decision making and in alternative assumptions related to decision-making.
P.O.8 Competency to analyze domestic or foreign economic institutions and regulations considering the historical, legal, and social infrastructure. The skill to combine such an analysis with sectoral expertise.
Higher Education Program Atlas
Quality and Accreditation Officer
Head of Department
Links