Economics and International Economic Relations is a fundamental yet highly adaptive field of knowledge that combines a deep analysis of economic laws, mathematical modeling, strategic management, and global diplomacy. In the context of digitalization and global transformations, a specialist in this field acts not only as an economist or analyst, but also as a strategist, business model architect, risk evaluator, and global market expert.

The specialty fosters systemic economic thinking, enabling an understanding of economic entity behavior — from individual consumers and local enterprises to transnational corporations and international financial institutions.

The activities of graduates encompass the following key objects:

- socio-economic systems and processes: patterns of functioning, development dynamics, modeling, forecasting, and state/corporate regulation at micro-, meso-, macro-, and mega-levels;

- behavior of economic entities: motivation, decision-making, strategic planning, and performance evaluation of consumers, firms, government bodies, and global actors;

- methodology and analytical toolkit: scientific methods of normative, quantitative, qualitative, econometric, and institutional analysis, as well as Data Science in economics;

- economic policy: instruments for formulating and implementing international, national, regional, sectoral (industry), and enterprise development policies;

- fundamental phenomena and innovations: theory and methodology of scientific research, globalized economy phenomena, digitalization, green transformation, and navigating market turbulence.

Learning goals by higher education levels:

First (Bachelor's) level — training specialists with modern economic thinking, fundamental theoretical knowledge, and practical skills necessary to solve typical specialized tasks and practical problems in economics and international relations.

Main focuses of Bachelor's degree training:

- mastering basic economic theories (micro-, macro-, international economics) and mathematical-statistical tools;

- skills in analyzing enterprise financial and economic performance, calculating business metrics, and assessing risks;

- modeling economic processes using modern software (Excel, R, Python, Stata);

- understanding the mechanisms of foreign economic activity (FEA), trade agreements, and foreign exchange/credit markets.

Second (Master's) level — training highly qualified professionals capable of solving complex research, innovation, and managerial tasks and problems in the functioning of economic systems of various levels under conditions of environmental and requirement uncertainty.

Main focuses of Master's degree training:

- developing strategies for the growth of national and international economies, the corporate sector, and TNCs;

- forecasting global market conditions, managing international investment and innovation projects;

- making strategic management decisions based on econometric analysis and scenario modeling;

- applying innovative approaches to crisis management, drafting economic programs and regulatory acts.

Third (Educational-Scientific) level — acquiring the ability to generate new ideas, solve complex fundamental and applied problems in economics, which involves a deep rethinking of existing knowledge and the creation of new comprehensive knowledge and/or professional practice.

Main focuses of Doctor of Philosophy (PhD) training:

- conducting independent, original scientific research with a high level of scientific novelty;

- developing new methodological approaches to analyzing global and national economic systems;

- preparing and publishing scientific papers in leading international publications (Scopus, Web of Science);

- academic and teaching activity in higher education institutions, preparing grant proposals, and performing expert and analytical evaluations of state and international policies.

Key competencies of a graduate:

- economic analytics and Data Science — collecting, cleaning, and processing Big Data, econometric modeling, building predictive scenarios;

- international business and FEA — organizing export-import operations, international trade law, working with customs regulations and global commodity exchanges;

- strategic planning — preparing business plans, evaluating investment attractiveness of projects, cost optimization, and pricing strategy development;

- international economic policy — analyzing the activities of the World Bank, IMF, EU, developing recommendations for public authority bodies and diplomatic missions;

- research and innovation (PhD) — creating theoretical concepts, applying advanced research methods, teaching economic disciplines.

Graduates of specialty C1 Economics and International Economic Relations have a versatile profile and are in demand across all sectors of the modern economy:

- international and commercial business: economist, foreign trade analyst, international market development manager, transfer pricing specialist, business analyst at TNCs;

- consulting and finance: economic consultant, financial analyst, investment manager, risk management specialist in outsourcing and consulting firms ("Big Four", etc.);

- public sector and diplomatic services: advisor or analyst at the Ministry of Economy, Ministry of Foreign Affairs, National Bank, diplomatic missions, customs, and tax authorities;

- international organizations: expert or project manager in UN structures, World Bank, IMF, EBRD, international non-governmental organizations (NGOs);

- science and higher education (for Master's and PhD degree holders): research fellow at academic institutes, lecturer in economic disciplines at higher education institutions, head of research teams (Think Tanks).

Training is provided by:

- Department of Economics and Public Administration (601);

- Postgraduate and Doctoral Studies Department

Education is provided under the following educational programs:

Specialization	Educational Program	Degree	Mode of Study	Duration of Study
C1.10 Economics	SMART Economics	Bachelor based on complete general secondary education	Full-time and Part-time	3 years and 10 months
		Bachelor based on educational qualification level "Junior Specialist"	Full-time and Part-time	2 years and 10 months
	SMART Economics	Master, professional educational program	Full-time and Part-time	1 year and 4 months
-	Economics	Doctor of Philosophy	Full-time and Part-time	4 years