At the Bachelor’s level, the “Economics” track focuses on the fundamentals of economics, such as microeconomics and macroeconomics, as well as disciplines emphasizing current economic conditions, economic fluctuations, and industrial organization. A wide array of electives is offered in the areas of economic growth, sustainable development, and experimental economics. Many courses are structured around innovative teaching techniques, such as problem-based learning. The program’s main goal is to prepare students for more challenging courses offered at the Master’s level.
At the Master’s level, the “International Business Economics” (IBE) track offers insight on areas such as international trade, globalization, country risk strategy, productivity and efficiency analysis, and managerial economics. The program’s main objective is to help prepare future managers who are adept at analyzing economic conditions and are also open-minded, capable of adapting to their environment and giving priority to responsible management issues.
The “Quantitative Methods” track teaches the fundamentals of mathematics and statistics in the first year of the Bachelor’s cycle and subsequently introduces students to more advanced managerial decision-making tools in the second and third year. It helps students understand how to formulate and test hypotheses, select data samples, and forecast future activity. The track introduces students to data analysis tools such as simple regression, logistic regression, factor analysis, the analysis of variance, as well as various optimization techniques, which are studies using software packages such as SPSS, SAS, Python and Lingo. The track also supports our different Master’s programs with more specialized topics in quantitative methods.
Our department’s faculty are actively involved in world-class research that has led to a large number of publications in highly reputable, national and international journals, such as American Economic Review, Management Science, Journal of Econometrics, Economic Theory, European Journal of Operational Research, as well as other prestigious scholarly outlets. We strongly believe that expertise based on research is a prerequisite for creating appropriate responses to the challenges companies face in the current economic conditions and that research plays a key role in helping us teach our students important problem solving skills.
Most of our professors are affiliated with one of IÉSEG’s research excellence clusters, called “Analysis of the Performance of Organizations.” They work in the areas such as measurement of the performance in production, operations management, the theory of risk, game theory, and applied microeconomics in general, among the others. Our faculty use a variety of quantitative and qualitative methods and rely on multidisciplinary approaches in their scholarly work, incorporating fields such as health economics, environmental economics, and corporate finance.