The University Of Georgia
Program name: Economics
Study Level: Undergraduate
Program leader: Eka Gegeshidze
Giorgi Lomidze
Study language: Georgian
Qualification: BA 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:
Date of approval: 11-15-2007
Approval protocol number: 13
Date of program update:
Update protocol number: 04/19
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
MATH1412Mathematics for Economics IV6 4
ECON3110History of Economic Thought6 5
ECON3113Public Economics I (Fiscal Theory and Policy)6 5
ECON3116Econometrics I6 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
ECON4115Research methods in Economics6 7

Credits sum:


Program Elective

Code Subject ECTS
PUBL4040HR Management in Public Organizations6
PUBL6060Comparative Public Administration6
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
ITAL1147Italian Language I (A1)6
MGMT1515Business Ethics6
MGMT3221Business Communications6
MGMT4220Project Management6
MKTG2210Basics of Marketing6
SPAN1147Spanish Language I (A1)6
ACCT2122Financial Accounting I6
BUSN1111Ethical and legal environment of business6
ECON3279Principles of Taxation6
FRAN1247French Language II (A2)6
GERM1216German Language A1/26
ITAL1247Italian language II (A2)6
MGMT2210Fundamentals of the Strategic Management6
MKTG4550Social Media Marketing6
PUBL3212Introduction to Public Administration6
PUBL3280Public Sector Administrative Leadership6
SPAN1247Spanish language II (A2)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
ITAL2147Italian Language III (B1/1)6
MGMT3121Basics of Organizational Behavior6
PUBL1216Public Policy Cycles6
SPAN2147Spanish language III (B1/1)6
ECON2020Basics of Game Theory6
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
HOST3215Principles of Tourism6
INFO3212Decision Modeling in MS Excel6
ITAL2247Italian Language IV (B1/2)6
LAWB4991Law of Entrepreneurs6
PUBL1010Georgian Politics and Administration today6
SPAN2247Spanish language IV ( B1/2)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
PUBL2010Institutional Development of Public Organizations6
PUBL4112Introduction to the Public Policy Analysis6
STAT1122SPSS Information systems for statistical data processing6

Credits sum:


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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