World economy and international economic relations

World Economy and International Economic Relations
Academic Degree — BACHELOR'S DEGREE
Study System — Credit-Modular System
Mode of Study — Full-time
Duration of Study — 4 years

1. What will you study?

This program is positioned at the intersection of economics and diplomacy and provides students with an in-depth understanding of the rules governing global markets and the international movement of capital:

• Global Macroeconomics: the world economic system, economic development models of different countries, global economic crises and their consequences.
• International Trade and Commerce: organization of export-import operations, international trade law, customs procedures, international logistics, and supply chain management.
• International Finance and Foreign Exchange Relations: global financial markets, exchange rate formation, international lending, the investment climate, and the activities of offshore jurisdictions.
• Multinational Corporations (MNCs) and Business: international business strategies, maintaining competitiveness in global markets, joint ventures, and mechanisms for attracting foreign investment.
• Foreign Languages: advanced English for international economic terminology and negotiations, as well as one additional foreign language, such as Chinese, Arabic, or Spanish.

2. Why choose this program?

Uzbekistan's progress toward membership in the World Trade Organization (WTO) and its policy of economic openness are significantly increasing the demand for specialists in this field:

• Global career and high professional status: graduates can work not only in Uzbekistan but also in international financial institutions such as the World Bank, International Monetary Fund, and Asian Development Bank, as well as in multinational corporations and international consulting firms in well-paid positions.
• Foreign Economic Activity Specialist: graduates can perform strategic roles in the Ministry of Foreign Affairs, Ministry of Economy and Finance, Ministry of Investments, Chambers of Commerce and Industry, embassies, and customs authorities.
• Borderless business opportunities: the knowledge gained through the program provides a strong foundation for launching and managing an international business, including export, import, and international logistics.

3. Learning methodology

The educational process is based on international practices and the credit-modular system. Interactive teaching methods are used to develop globally minded professionals:

• Working with real market data: students learn to work with real statistical databases and reports from the World Bank, International Monetary Fund, and United Nations Conference on Trade and Development (UNCTAD).
• International business simulations: classes simulate participation in international tenders, business negotiations with foreign partners, and the preparation and conclusion of export contracts.
• Case studies: students analyze real-world situations, including market-entry strategies of leading international companies, the impact of international sanctions on economies, and global logistics crises.
• English-language resources and master classes: core specialization subjects are taught in English using international textbooks published by leading publishers such as Pearson and McGraw-Hill. Practicing experts and representatives of international organizations are regularly invited to participate in classes.
• Practical training in foreign economic activity: students undertake professional internships at major logistics centers, exporting companies, international settlements departments of banks, and with trade and economic advisers at embassies.

Students complete 60 ECTS credits per academic year. Educational programs are developed based on feedback from employers, ensuring their relevance and alignment with modern labor-market requirements.