Welcome to the Department of Economics at the University of Mohaghegh Ardebil(UMA), As part of one of the Iranian's most prestigious universities, our department has established itself as a leader on the global stage.
Thanks for your interest in the economics major at UMA! Many people think economics is the study of phenomena such as recessions and inflation, and perhaps of financial markets as well. While these themes are important, there is so much more to the economics discipline.
For example, are you interested in understanding…

• What interventions help poor people to attain more prosperous outcomes?
• How national health reform is affecting the nation’s health and wealth?
• How international trade affects the environment?
• How the economic system interacts with political institutions?
• Why there are gender and racial wage gaps?

Economics Department
The UMA Economics Department has for less than a decade tried to use scholarship to fight the Iran's most pressing economic problems. Our members - faculty and students - work on basic economic theory, economic growth, inflation, unemployment and econometric methods, recessions and industrial problems, financial and stock market crashes and economic dysfunction. Nothing should limit the economist's imagination.

The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed, the world is ruled by little else.
John Maynard Keynes

Our Programs
The Economics Department requires all students to take courses in introductory and intermediate economic theory in order to have a strong grasp on fundamental economic principles. These key principles rely on mathematical models; thus, all concentrators are required to have a basic preparation in calculus. The Department also requires concentrators to gain the necessary statistical skills to use data from the real world to test economic theories. Putting all of these skills together, the Department’s required Sophomore Tutorial helps students apply their knowledge of economic theory, mathematics, and statistics in a course on learning how to read and understand economics research and how to carry out research of their own. The remainder of the course requirements for an undergraduate degree in economics serves to expose students to various applications of economics tools and theories. Concentrators also have the option to pursue honors in economics with a thesis.

Graduate Programs
While there are separate tracks toward the M.A in the two fields of planning and development economics and energy economics, both esteemed graduate degree programs focus on applied and policy-related economics. Emphasizing a strong foundation of theory, statistical and econometric methods, students develop advanced understanding of market functions and hone analytical skills that are in high demand across a wide range of fields.

Undergraduate Programs
Under the guidance of distinguished faculty, students develop the quantitative skills to think critically about the relationships between resources, incentives and behaviors that inform the decision-making process. Along with one-on-one advising and a breadth of opportunities to learn outside of the classroom, economics majors graduate with a portfolio of methods, problem-solving. techniques and practical experience that is highly valued by employers.