The Faculty of Economics offers a fully-articulated academic curriculum – from foundation studies for the degree of Bachelor to specialization courses at Master’s level. We are particularly committed to high-quality and distinctive teaching at all levels; teaching that best expresses its whole educational potential in relatively contained class numbers. Our objectives are facilitated by working in small groups and through direct, one-to-one student-teacher contact, where interaction and openness are essential. Academic, researchers and doctoral assistants – who have built up experience worldwide and rank high in their research activities – create the ideal environment for ambitious and inquisitive young people to undertake important professional careers.

The academic staff of Faculty wish our students in economics to let their ambition fuel their motivation, appreciate their being part of an exclusive club in which to cultivate their talents; and finally learn to turn this unique experience into an opportunity to measure themselves by the yardstick of excellence.

Aim of the Faculty of Economics is to allow students to gain in-depth knowledge of the economy and with specific skills for applying this knowledge in the practice. To achieve these objectives in the study program are deals with theoretical aspects of the field, which are focusing on their practical application.

The studies are founded on the latest developments in the field of Economics and allows students to perform various tasks in business and non-profit and the social and political organizations. Interdisciplinary as an essential feature of the legal sciences, also it characterizes the economic field and allow students to direct and shape their future career by accepting the knowledge that will enable them to:

• analysis of the main macroeconomic aggregates with the only intention of determining their mutual conditionality in the dynamic framework;
• acquiring knowledge and skills that will allow them to follow modern trends microeconomic logic of functioning and the relationship of the individual markets;
• critical analysis in the compatibility of, efficiency and implications of economic policies and their instruments;
• gained knowledge and skills are becoming operational for the analysis of modern economic processes in national economies, regional economic Integrations and world economy.
• To diagnose the actual market developments and to anticipate trends of these developments, to analyze the effects of economic policies on microeconomic agents and on market trends;
• to calculate basic macroeconomic aggregates and balances, and critically analyze the existing macroeconomic policies;
• to make a critical analysis the compatibility of components and drivers that deliver economic system;
• to apply quantitative methods of macro and micro-economic analysis in formulating new approaches and analysis of existing models of economic growth in national economies;
• to give a critical analysis of development policies and their implementation in the national economy;
• to analyze the general processes of economic development in the world (especially the processes of transition, regionalization and globalization of world economic trends) and their impact on the national economy.

Course lists Faculty of Economics

1.      Semester				2.      Semester
No	Courses	ECTS		No	Courses	ECTS
1	Fundamentals of Economy	8		1	Statistics for Business and Economics	6
2	Mathematical Economics	8		2	Monetary Economics	6
3	Basis of Accounting	8		3	Economics of Enterprise	6
4	Elective Course from the University List**	6		4	Elective Course from the Faculty List*	6
					*Marketing Research	/
					*Project Managment	/
				5	Elective Course from the University List**	6
	Total	30			Total	30

3.      Semester				4.      Semester
No	Courses	ECTS		No	Courses	ECTS
1	Microeconomics	6		1	Applied Economics	6
2	Politics of Social Development	6		2	Management Systems	6
3	Macroeconomics	6		3	Bank Management	6
4	Elective Course from the Faculty List*	6		4	Elective Course from the Faculty List *	6
5	Elective Course from the faculty List*	6		5	Elective Course from the Faculty List *	6
	*Labor Economics	/			*National Accounting and Accounting of Non-Profit Organizations	/
	*Fundamentals of Digital Economy	/			*Commercial Law	/
	*Financial Management	/			*Social Wealth and National Accounts	/
	*Foreign Trade	/			*Industrial Policy	/
	Total	30			Total	30

5.      Semester				6.      Semester
No	Courses	ECTS		No	Courses	ECTS
1	Regional Economy	6		1	Development of Economic Thought	8
2	Economic Development	6		2	Economic Planning	8
3	Economics of Investment	6		3	Personal Finance	8
4	Elective Course from the Faculty  List*	6		4	Elective Course from the Faculty List *	6
	*EU Single Market	/			*Change Management	/
	*Marketing Pricing Policy	/			*Statistical Quality Control	/
5	Elective Course from the  University List**	6
	Total	30			Total	30

7.      Semester				8.      Semester
No	Courses	ECTS			Courses	ECTS
1	Economy of the Public Sector	6		1	Elective Course from the Faculty List*	6
2	Econometrics	6		2	Elective Course from the Faculty List*	6
3	International Marketing	6		3	Elective Course from the University List**	6
4	Elective Course from the Faculty List*	6			*State Regulation	/
5	Elective Course from the Faculty List*	6			*Economic Systems and Globalization	/
	*Direct marketing	/			*Fiscal and Monetary System of the EU	/
	*Corporate Financial Reporting	/			*Revision	/
	*International Trade Transactions	/		4	Practical Instruction	4
	* Public Sector Accounting	/		5	Graduate Work	8
	Total	30			Total	30

** Elective courses from the university list in first cycle studies
No	Courses	ECTS
1	English Language 1	6
2	Macedonian Language 1	6
3	Albanian Language 1	6
4	English Language 2	6
5	Macedonian Language 2	6
6	Albanian Language 2	6
7	Globalization and intercultural communication	6
8	Informatics	6
9	Ethics	6
10	Communication in Public Administration	6