The Department of Economics is typically a part of a university or academic institution, focused on the study of production, distribution, and consumption of goods and services. It encompasses various fields such as microeconomics, macroeconomics, econometrics, and economic theory. These departments offer undergraduate, graduate, and sometimes doctoral programs, preparing students for careers in academia, government, business, and other sectors.
Departments of economics typically offer a range of courses covering various topics such as:
- Microeconomics: Examining individual economic agents such as consumers, firms, and markets, and analyzing their behavior and interactions.
- Macroeconomics: Studying the aggregate behavior of an economy, including topics like inflation, unemployment, economic growth, and fiscal and monetary policy.
- Econometrics: Applying statistical and mathematical techniques to analyze economic data and test economic theories.
- Economic theory: Exploring foundational concepts and models used to understand economic phenomena, such as supply and demand, utility theory, game theory, and general equilibrium theory.
- Applied economics: Investigating real-world economic issues and problems, such as environmental economics, labor economics, development economics, and international trade.
In addition to coursework, economics departments often engage in research activities, producing academic papers, reports, and policy recommendations. They may also host seminars, conferences, and workshops to foster intellectual exchange and collaboration among faculty, students, and visiting scholars. Furthermore, economics departments may have ties to research centers, institutes, or think tanks focused on specific economic issues or policy areas.
Learning takes place through a combination of face-to-face teaching and independent study, including lectures, practical tutorials, laboratory sessions, personal development sessions, real-life project briefs and case studies.
Students study 60 ECTS credits per year. The structure of the course is a subject to change by feedback received from a variety of sources.
FIRST YEAR | |
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Semester | Course |
Semester 1 | Microeconomics 1 |
Academic and Communication Skills 1 | |
Creative Thinking and Design | |
Calculus 1 | |
First Principles of NewUU | |
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Semester 2
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Macroeconomics 1 |
Academic and Communication Skills 2 | |
Statistical Methods | |
Calculus 2 | |
Information Systems and Digital Technologies | |
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First Year Total Hours / Credits
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SECOND YEAR | |
Semester | Course |
Semester 3
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Macroeconomics 2 |
Linear Algebra | |
Computer Programming 1 | |
Financial Accounting | |
Contemporary issues in Economics | |
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Semester 4
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Probability and Statistics |
Microeconomics 2 | |
Economic and Social Statistics | |
Energy Environmental Economics | |
History of Uzbekistan | |
Introduction to Data Science | |
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Second Year Total Hours / Credits
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THIRD YEAR | |
Semester | Course |
Semester 5
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Circular Economy |
Principles of Management | |
International Trade | |
Econometrics | |
Computer Programming 2 | |
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Semester 6
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Research Methods in Economics |
Money and Banking | |
Philosophy | |
Game Theory for Economics | |
Introduction to Machine Learning | |
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FOURTH YEAR | |
Semester | Course |
Semester 7
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Mathematical methods for Economic analysis |
Algorithms & Data Struсtures | |
Development Economics | |
Research project 1 (Capstone) | |
Time Series Analysis | |
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Semester 8
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Research project 2 (Capstone) |
Communications Ethics | |
Behavioral Economics | |
Fundamentals of Databases | |
Economic Policy |
1. International Baccalaureate Diploma |
Grade 4 in English A at Higher or Standard Level in the International Baccalaureate Diploma |
Grade 4 in English B at Higher Level in the International Baccalaureate Diploma |
Grade 5 in English B at Standard Level in the International Baccalaureate Diploma |
2. Pearson Edexcel International GCSE English Language |
Grade 4 in Pearson Edexcel International GCSE English Language A (External assessment from 2018) |
Grade 4 in Pearson Edexcel International GCSE English Language B (External assessment from 2018) |
Grade 4 in Pearson Edexcel International GCSE English Literature (External assessment from 2019) |
3. GCSE English Language |
Grade D in GCSE English Language or GCSE English Literature |
4. GCE O-Level English Language |
Grade D in GCE O-Level English Language |
5. GCE A-Level/AS-Level in English Language |
Grade D in GCE A-Level/AS-Level in English Language or English Language & Literature |
6. IGCSE English as a First Language |
Grade D in the IGCSE English as a First Language. Speaking must be separately endorsed on the certificate |
7. IGCSE English as a Second Language |
Grade D in the IGCSE English as a Second Language. Speaking must be separately endorsed on the certificate |
8. Pearson test of English (PTE) - Academic |
Grade 59 |
9. Cambridge C1 Advanced (formerly Cambridge English: Advanced/CAE) |
Grade 162 |
10. Cambridge C2 Proficiency (formerly Cambridge English: Proficiency/CPE) |
Grade 162 |
11. Cambridge B2 First (formerly Cambridge English: First/FCE) |
Grade 162 |
Note: If your English proficiency test certificate is not yet available, please upload it via your personal account no later than August 18, 2025.
Please use the online equivalency calculator above to see the equivalency of your score to Math & Logical Thinking exam scores.
You can also check the equivalent of your score to the Math & Logical Thinking entrance exam scores using the table below.
International certificate score (Math section) | New Uzbekistan University Entrance Exam Score (in percentage) |
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SAT | |
800 | 100 |
790 | 90 |
780 | 85 |
770 | 80 |
760 | 75 |
750 | 70 |
740 | 65 |
730 | 60 |
720 | 55 |
650 – 710 | 50 |
International Baccalaureate (IB) | |
7 | 100 |
6 | 90 |
5 | 70 |
4 | 50 |
International AS & A Levels | |
A* | 100 |
A | 90 |
B | 80 |
C | 70 |
D | 60 |
E | 50 |
Students will be allowed to graduate upon completion of all requirements listed below:
Tuition Fee for 2025/2026 Academic Year | |
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Local students | 42 000 000 UZS per academic year |
International students | $ 5 500 USD per academic year |
We are committed to supporting our students’ educational journeys through a variety of scholarship opportunities. Scholarships at New Uzbekistan University are categorized into two main types: 1-Year Scholarships and 4-Year Scholarships.
Economics and Data science is a dynamic and continually evolving field. The vast knowledge and many skills related to economics and data science mean that professionals in this field have a variety of job options and can work in a range of industries, such as economics, finance, accounting, health care, technology, marketing or others. Professionals can have an array of choices when it comes to finding a job that fits their interests and abilities. You might start out as:
Economist - An economist is a professional and practitioner in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy.
Financial analyst - A financial analyst is a professional, undertaking financial analysis for external or internal clients as a core feature of the job. The role may specifically be titled securities analyst, research analyst, equity analyst, investment analyst, or ratings analyst.
Statistician - A statistician is a person who works with theoretical or applied statistics. The profession exists in both the private and public sectors. It is common to combine statistical knowledge with expertise in other subjects, and statisticians may work as employees or as statistical consultants
Actuary - An actuary is a business professional who deals with the measurement and management of risk and uncertainty. The name of the corresponding field is actuarial science. These risks can affect both sides of the balance sheet and require asset management, liability management, and valuation skills.
Data scientist - A data scientist determines the most effective ways of collecting or evaluating data sets. Data scientists use analytical abilities to assess data and discover insights that can help businesses make strategic improvements. An economics and data science degree can help data scientists evaluate the causal relationships between data points or sets in different ways.
Data engineer - Data engineers build the infrastructure, software tools and applications that gather and analyze sets of data. Their responsibilities include transforming unstructured data into useable formats, finding patterns within data sets and setting batch processing systems in motion. With an economics background, data engineers may have unique insights into data trends and structures.