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
    BUSN1211Introduction to Economics and Business9 1
    ENGL2217English language IV (B1/2)6 1
    HIST1118Civilizations and Mankind Development6 1
    MATH1221Mathematics for Economics II9 1
    ECON1290Principles of Microeconomics6 2
    ENGL3149English Language V (B2/1)6 2
    MATH1410Mathematics for Economics II9 2
    MGMT2111Management9 2
    ACCT2122Financial Accounting I6 3
    ECON2190Principles of Macroeconomics6 3
    ENGL3213English Language VI (B2/2)6 3
    MATH1411Mathematics for Economics III6 3
    STAT2219Statistics6 3
    ACCT2210Basics of Managerial Accounting6 4
    ECON2120Intermediate Macroeconomics I6 4
    ECON2130Intermediate Microeconomics I6 4
    MATH14126 4
    ECON2220Intermediate Macroeconomics II6 5
    ECON2230Intermediate Microeconomics II6 5
    ECON3111Monetary Economics I (Liquidity Theory)6 5
    ECON3122International Economics I (Theory of International Trade)6 5
    ECON3113Public Economics I (Fiscal Theory and Policy)6 6
    ECON3214Monetary Economics II6 6
    ECON3231International Economics II (Policy of International Trade)6 6
    ECON3213Public Finance II6 7

    Credits sum:


    Program Elective

    Code Subject ECTS
    ENGL1147English Language I (A1)6
    ENGL1247English Language II (A2)6
    ENGL2147English Language III (B1/1)6
    MATH1210Fundamentals of Mathematics6
    ACCT2221Financial Accounting II6
    ECON4279National budget of Georgia6
    FRAN1147French Language I (A1)6
    GERM1116German Language A1/16
    ITAL1147იტალიური ენა I (A1)6
    MGMT3221Business Communications6
    ECON3110History of Economic Thought6
    ECON3279Principles of Taxation6
    FRAN1247French Language II (A2)6
    GERM1216German Language A1/26
    ITAL1247იტალიური ენა II (A2)6
    MKTG2210Basics of Marketing6
    FINA2211Principles of Insurance6
    FRAN2147French Language III (B1/1)6
    GERM2116German Language A2/16
    LAWB4991Business Law6
    MGMT3211Human Resource Management6
    ACCT4230The Principles of Audit6
    BUSN1111Ethical and legal environment of business6
    ECON4210Principles of Econometrics6
    ECON4550Economic Sector Analysis and the Stabilization Policy6
    FINA2212Introduction to banking6
    FINA3115Principles of Finance6
    FRAN2247French Language IV (B1/2)6
    GERM2216German Language A2/26
    INFO3212Decision Modeling in MS Excel6
    ECON4111Industrial Organizations6
    ECON4113Economic Growth and Development6
    ECON4202Bachelor Research Paper in Economics12
    ECON8989Macroeconomic Forecasting and Modeling6
    FINA4250International Finances6
    INTR2121Internship in Economics and Business administration II12
    INTR4309Internship in Economics and Business administration6

    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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