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B.Sc. Economics & Data Science

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.

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Course Structure

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
Semester Course
Semester 1 Microeconomics 1
Academic and Communication Skills 1
Creative Thinking and Design
Calculus 1
First Principles of NewUU
Semester Total Hours / Credits
Semester 2
Macroeconomics 1
Academic and Communication Skills 2
Statistical Methods
Calculus 2
Information Systems and Digital Technologies
Semester Total Hours / Credits
First Year Total Hours / Credits
SECOND YEAR
Semester Course
Semester 3
Macroeconomics 2
Linear Algebra
Computer Programming 1
Financial Accounting
Contemporary issues in Economics
Semester Total Hours / Credits
Semester 4
Probability and Statistics
Microeconomics 2
Economic and Social Statistics
Energy Environmental Economics
History of Uzbekistan
Introduction to Data Science
Semester Total Hours / Credits
Second Year Total Hours / Credits
THIRD YEAR
Semester Course
Semester 5
Circular Economy
Principles of Management
International Trade
Econometrics
Computer Programming 2
Semester Total Hours / Credits
Semester 6
Research Methods in Economics
Money and Banking
Philosophy
Game Theory for Economics
Introduction to Machine Learning
Semester Total Hours / Credits
Third Year Total Hours / Credits
FOURTH YEAR
Semester Course
Semester 7
Mathematical methods for Economic analysis
Algorithms & Data Struсtures
Development Economics
Research project 1 (Capstone)
Time Series Analysis
Semester Total Hours / Credits
Semester 8
Research project 2 (Capstone)
Communications Ethics
Behavioral Economics
Fundamentals of Databases
Economic Policy

Entry requirements

1. High school/Lyceum/College diploma or higher
2. Proof of English Language Proficiency:

  •  - TOEFL iBT 46 or higher
  • Note: We accept only the TOEFL iBT taken at approved test centers. We do not accept the TOEFL iBT Home Edition.
  •  - IELTS 5.5 or higher
  •  - CEFR B2
  •  - Exemptions (with a minimum pass mark) from the TOEFL, IELTS or CEFR are given for students who have one of the following equivalents:

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.

Entrance Exam
  • - Math & Logical Thinking
  • - Exemptions from the Math & Logical Thinking are given for students who have one of the following equivalents:

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)
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

Graduation Requirements

Students will be allowed to graduate upon completion of all requirements listed below:

  • - Students must have a minimum 2.00 GPA/CGPA at the end of their final semester;
  • - Student must have a minimum of 240 ECTS or as designated in Handbook;
  • - Students must successfully complete all University and Program requirements;
  • - Students cannot have any outstanding Incompletes or IP grades on their transcripts;
  • - Student must complete all degree requirements within 7 (seven) years including any leave periods, of the initial program registration date.

Fees and funding:

Tuition Fee for 2025/2026 Academic Year
Local students 42 000 000 UZS per academic year
International students $ 5 500 USD per academic year

Scholarships

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.

Career / Job opportunities

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.

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