Economics is one of the most beneficial academic disciplines you can pursue in today's growing global job market. We've dedicated this article to international students who want to study economics in Turkey, discussing economics programs in turkey, its associated costs, and the top Turkish universities for studying economics.
What is Economics?
Economics examines the reasons behind economic decisions and their impacts on society. It is the science of studying individuals' control and distribution of resources in their surroundings. Economics only became a distinct field of study in the late 19th century when it was separated from political science.
- Most economic subjects can be divided into two branches: microeconomics and macroeconomics. Microeconomics focuses on individual markets, their structures, and key players. On the other hand, macroeconomics deals with the study of the economy at a national and international level as a whole.
Economics Major Programs
Most economics programs include a diverse range of courses, such as those focusing on the social impact of economics or on mathematics and statistics aspects.
Most degrees in economics are taught through a combination of lectures, seminars, and educational programs. You will be assessed through research and written exams. Here are some of the courses you can expect to encounter during your economics study:
- Microeconomics
- Macroeconomics
- Applied Economics and Statistics
- International Economics
- Mathematics for Economics
- Econometrics
- Economic Policy
Study Economics in Turkey
Turkey ranks 19th among the world's largest economies, with a GDP of approximately $906 billion. It is a member of the Organization for Economic Co-operation and Development (OECD) and the G20. Turkey pursued ambitious economic reforms, leading to high growth rates between 2006 and 2017. The country achieved some of the highest per capita income levels and reduced poverty rates significantly. The percentage of people living below the poverty line fell by almost half between 2006 and 2020.
Duration of Economics Studies in Turkey
Economics is often offered in business schools at Turkish universities. The duration of a bachelor's degree in economics in Turkey is up to four years, while a master's degree typically takes two years, and a Ph.D. program typically spans four years.
Requirements for Studying Economics in Turkey
Requirements for studying economics in Turkey may vary from one university to another. The basic requirement is to have a high school diploma with a GPA of above 55% or 60% for enrollment in a private Turkish university. Some universities offer the option to study economics in English or Turkish and provide a preparatory year for language studies for students who are not proficient.
Costs of Studying Economics in Turkey
The cost to study economics in Turkey varies from one university to another. Tuition fees for economics programs in private universities can range from $1,950 to $ 16000
Private Universities for Studying Economics in Turkey
- Ostim Technical University
Offers a Bbachelor's degree in economics in English for an annual fee of $2,250.
- Istanbul Topkapi University
Offers a bachelor's degree in economics in English for an annual fee of $2,450, and in Turkish for $1,950.
- Beykent University
Offers a bachelor's degree in economics in English for an annual fee of $3,361, and in Turkish for $3,056.
- Altinbas University
Offers a bachelor's degree in economics in English for an annual fee of $3,500.
- Istanbul Aydin University
Offers a bachelor's degree in economics in English for an annual fee of $3,600.
- Istanbul Gelisim University
Offers a bachelor's degree in economics and finance in English for an annual fee of $4,000, and in Turkish for $3,500.
- Istanbul Aydin University
Offers a bachelor's degree in economics and finance in Turkish for an annual fee of $4,000.
- Istinye University
Offers a bachelor's degree in economics in English for an annual fee of $4,622.
- Bahcesehir University
Offers a bachelor's degree in economics and finance in English for an annual fee of $8,200.
The field of economics has always been fascinating, and the current economic and financial climate means that companies are looking to hire graduates with a deep understanding of economics more than ever.
If you are interested in studying economics, contact Turkey Campus team to get answers to any inquiries you might have about studying economics in Turkey. You can also learn about other services we provide and discounts on tuition fees when applying through our platform!
