Economics is a fascinating subject, placed at the intersections of social science, business, and public policy. An understanding of economics principles is crucial to success in business and to the design of effective policy. Economists study how markets work to measure what is produced, how it is produced, and how income is distributed. The basic principle focused upon is usage of scarce resources most effectively. It teaches students how the world actually functions. Among the many topics studied in economics are the role and impact of international trade, the impact of monopoly on the economy, and the problems of unemployment and inflation.
Taking economics courses is a very popular choice for undergraduates studying Business Administration at the University of South Asia.
Economics courses are
also taken by other majors, simply because it's an interesting field of study, highly relevant to "real world" issues. Over half of the students taking economics are not currently specialized in this field!
Teaching in this department is based upon theoretical and empirical case studies.
To prepare students to understand and resolve global challenges
through relevant, research based and engaging education.
To develop collaborations among departments and collaboration to
develop sustainable society based on innovative thinking.
To develop and maintain internationally comparable research
To broaden competencies of students and encourage them to
become socially responsible business managers.
Vision & Mission
To be recognized nationally and internationally for the quality of education
and curriculum allowing students to develop their understanding about
Economics from a variety of perspectives.
The department encourage students to think critically about the economic
problems they face in their daily lives and develop understanding of
fundamental economic frameworks to engage in policy matters in national,
international and global communities. The faculty is committed in not only
disseminating the modern economics theories and conceptual models but
also to develop new and modern techniques to study the ever-changing
economic global front.