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The University Of Georgia
Program name: Economics
Study Level: Undergraduate
Program leader: Giorgi Lomidze
Eka Gegeshidze
Amashukeli Maia
Study language: Georgian
Qualification: BA of Social Sciences in Economics
Program capacity: 240
Program permission:

Admission criteria/ prerequisite (for the citizens of Georgia):
The students are enrolled on the bachelor programs on the basis of the results of the national entrance exams or on the basis of the decree  №224/ნ  (December 29, 2011) of the Minister of Education and Science of Georgia, on the basis of  the administrative registration and the decree of the Rector.

Admission criteria/ prerequisites (for the foreign country citizens):
Foreign entrants who completed secondary education abroad or got the education equivalent to it, or/and completed the last two years of secondary education  abroad , or students, who lived abroad during last two or more years and studied abroad in higher educational institutions accredited in compliance with the  legislation of the host country can be  enrolled in the program without taking national entrance exams on the basis of the decree № 224 / ნ  (December 29, 2011)  of the Minister of Education and Science of Georgia. If the entrants don’t have English language Certificate FCE (First Certificate in English) the language competence (B2 – Intermediate )  is proved on the basis of the University exam in English with the minimal passing rate 60%.

Program goals: .
Methods for Attaining Learning Outcomes:
Learning outcomes:
Knowledge and understanding
Graduate will be able to:
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  • Applying knowledge
    Graduate will be able to:
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  • Making judgments
    Graduate will be able to:
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  • Communications skills
    Graduate will be able to:
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  • Learning skills
    Graduate will be able to:
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  • Values
    Graduate will be able to:
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  • Date of approval: 11-15-2007
    Approval protocol number: 13
    Date of program update: 08-30-2016
    Update protocol number: 31-16
    Program details: .
    Teaching Process Characteristics: .

    Program Core

    Code Subject ECTS Semester
    BUSN1310Business and Economics6 1
    ECON1290Principles of Microeconomics6 1
    ENGL2217English language IV (B1/2)6 1
    INFO1115MS Office6 1
    MATH1011Mathematics for Economics I6 1
    ECON2190Principles of Macroeconomics6 2
    ENGL3149English Language V (B2/1)6 2
    HIST1118Civilizations and Mankind Development6 2
    MATH1012Mathematics for Economics II6 2
    MGMT2015Basics of Management6 2
    ECON2119Statistics for Economics I6 3
    ECON2120Intermediate Macroeconomics I6 3
    ECON2130Intermediate Microeconomics I6 3
    ENGL3213English Language VI (B2/2)6 3
    MATH1411Mathematics for Economics III6 3
    ECON2219Statistics for Economics II6 4
    ECON2220Intermediate Macroeconomics II6 4
    ECON2230Intermediate Microeconomics II6 4
    MATH14126 4
    ECON3110History of Economic Thought6 5
    ECON3113Public Economics I (Fiscal Theory and Policy)6 5
    ECON3122International Economics I (Theory of International Trade)6 5
    ECON3115Monetary Policy6 6
    ECON3213Public Finance II6 6
    ECON3231International Economics II (Policy of International Trade)6 6

    Credits sum:

    150

    Program Elective

    Code Subject ECTS
    ENGL1147English Language I (A1)6
    ENGL1247English Language II (A2)6
    ENGL2147English Language III (B1/1)6
    FRAN1147French Language I (A1)6
    GERM1116German Language A1/16
    ITAL1147იტალიური ენა I (A1)6
    MGMT1515Business Ethics6
    MGMT3221Business Communications6
    MGMT4220Project Management6
    MKTG2210Basics of Marketing6
    SPAN1147...6
    ACCT2122Financial Accounting I6
    BUSN1111Ethical and legal environment of business6
    ECON3116Econometrics I6
    ECON3279Principles of Taxation6
    FRAN1247French Language II (A2)6
    GERM1216German Language A1/26
    ITAL1247იტალიური ენა II (A2)6
    MGMT2210Fundamentals of the Strategic Management6
    MGMT2212Entrepreneurship6
    MKTG4550Social Media Marketing6
    PUBL3212Introduction to Public Administration6
    PUBL3280Public Sector Administrative Leadership6
    SPAN1247..6
    ACCT2210Basics of Managerial Accounting6
    ACCT2221Financial Accounting II6
    ECON3216Econometrics II6
    ECON4279National budget of Georgia6
    FINA2211Principles of Insurance6
    FRAN2147French Language III (B1/1)6
    GERM2116German Language A2/16
    ITAL2147...6
    MGMT3121Basics of Organizational Behavior6
    PUBL1216Public Policy Cycles6
    SPAN2147...6
    ECON4115Research methods in Economics6
    ECON4209Industrial organization6
    ECON4550Economic Sector Analysis and the Stabilization Policy6
    ENGL1718English Language for Academic Exams (IELTS)6
    FINA2212Introduction to banking6
    FINA3115Principles of Finance6
    FRAN2247French Language IV (B1/2)6
    GERM2216German Language A2/26
    INFO3212Decision Modeling in MS Excel6
    ITAL2247...6
    LAWB4991Business Law6
    PUBL10106
    SPAN2247...6
    ECON4113Economic Growth and Development6
    ECON4203Bachelor thesis in Economics18
    ECON4217Internship in Economics12
    ENGL1717English Language for Academic Exams (TOEFL)6
    FINA2210Risk Management6
    FINA4250International Finances6
    HOST3221Tourism Economics6
    MGMT3211Human Resource Management6
    MKTG3279Service Marketing6
    PUBL20106
    PUBL4112Introduction to the Public Policy Analysis6
    STAT1122SPSS Information systems for statistical data processing6

    Credits sum:

    378









    Matrix Of Privequisites

    Evaluation system


    Weekly review

    36 point / 36%;

    Research Paper

    10 point/ 10%;

    Midterm exams

    24 point / 24%;

    Final exam

    30 point / 30%


    Point GPA The university assessment   The general assessment in Georgia
    97-100 4,00 A+ A Excellent
    94-96 3,75 A
    91-93 3,50 A-
    87-90 3,25 B+   Very good
    84-86 3,00 B B
    81-83 2,75 B-  
    77-80 2,50 C+   C good
    74-76 2,25 C
    71-73 2,00 C-
    67-70 1,75 D+   D Satisfactory
    64-66 1,50 D
    61-63 1,25 D-
    51-60 1,00 E E Sufficient
    Not passed
    41-50   FX FX Insufficient
    <40   F F Failed



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