The Department of Economics offers the following majors: a single major, a major, and a sub-specialty. A group of full-time and part-time lecturers works in the Department of Economics. Students are accepted for the department’s main and sub-specialties after they fulfill the specialization requirements as indicated in the department’s academic plan. By introducing the economics major, the department aims to meet the needs of the local labor market by preparing cadres with distinguished academic capabilities and possessing many skills that enable them to obtain job opportunities commensurate with the nature of their specializations and their scientific and practical capabilities, so that the graduate is qualified to work in the government and private sectors alike, including This includes administrative and financial work, in addition to research work and statistical analysis, while qualifying the student to complete his postgraduate studies in related disciplines.
Obtaining a university degree in economics requires the student to acquire both theoretical and practical knowledge. The department is concerned with the practical and applied aspect by providing it with a number of applied courses, training courses and workshops, in addition to scientific knowledge.
Providing graduates with scientific assets and systems, as well as providing them with general and specialized skills.
- Introducing the student to the economic systems and the mechanisms that can be relied upon in achieving the general goals of society.
- Introduce the student to the tools of economic analysis that depend on analysis and policy-making.
- Training students to conduct economic research at the micro and macro levels and to make inquiries.
- Organizing seminars and training courses for students in cooperation with experts from the public and private sectors.
Professional Skills:
- Use microeconomic tools and concepts to address policy issues of interest to the private sector
- Evaluate options and alternative options that businesses, customers and government need.
- Estimate the outcomes needed to achieve macroeconomic stability.
- Apply economic logic to analyze selected contemporary economic problems such as taxes, pollution, and climate change.
- Using quantitative programs to predict economic problems and to link economic disparities
General Skills
- Conducting appropriate statistical analysis of the data, and explaining the statistical problems
- Solve problems and suggest solutions
- Communicate effectively about specific economic issues
- Proficiency in the use of computer software (SPSS, MS, Excel) and the Internet
Mental Skills:
- Analyze how economic models and theories have developed, using methods applied in economic analysis, such as statistics, econometrics and linear programming.
- The application of quantitative and descriptive techniques that express economic problems.
- Apply economic theories and models using appropriate techniques to formulate economic policy recommendations.
- Evaluation of expected and unexpected works during economic planning.
- Evaluate the possibilities and limitations of the models and methods used in economic analysis.
Knowledge:
- Understand the basics of economic theory.
- Define basic concepts and use models in economic analysis.
- Explain economic theory and use modeling methods in analyzing the performance of the private and public sector and international markets.
- Identify the quantitative techniques necessary to apply them in economic theory
- Understand the basic concepts of economic development
- Understand the basic concepts of international business and markets
- Identify the mechanism for applying financial and monetary policies and managing them.
Obtaining a general secondary school certificate or its equivalent with a rate of no less than 65% for all branches.
Institutions related to economic affairs, the Palestinian Central Bureau of Statistics, the Institute for Economic Policy Research – MAS, and the Monetary Authority.
The Academic plan consists of 123 credit hours distributed as follows:
| Single Specialization | Major Specialization | |||
| Compulsory | Elective | Compulsory | Elective | |
| University Requirement | 18 | 6 | 18 | 6 |
| Faculty Requirement | 27 | – | 27 | – |
| Single Specialization Requirement | 57 | 15 | ||
| Major Specialization Requirement | 39 | 6 | ||
| Minor Specialization Requirement | 21 | 6 | ||
| 102 | 21 | 105 | 18 | |
| 123 | 123 | |||
University Requirement
(24 credit) 18 compulsory credit hours and 6 credit hours as elective
University Compulsory Requirements (18 credit hours) on follows:
| Cr. Hours | Course name | Course No. | No. |
| 2 | Arabic Language skills | 0400100 | 1 |
| 2 | English Language Writing Skills | 0400184 | 2 |
| 2 | Communications English Language Skills | 0400185 | 3 |
| 2 | Jerusalem Throughout History | 0400120 | 4 |
| 2 | Palestine: Nature &Environment | 0400121 | 5 |
| 3 | World Civilization | 0400123 | 6 |
| 3 | Logical Thinking | 0400124 | 7 |
| 2 | Islamic Culture | 0400122 | 8 |
University Elective Requirements (6 credit hours)
Languages
| Cr. Hours | Course name | Course No. | No. |
| 3 | Hebrew Language1 (Level 1) | 0400111 | 1 |
| 3 | Hebrew Language 2 (Level 2) | 0400112 | 2 |
| 3 | French Language 1( Level 1) | 0400113 | 3 |
| 3 | French Language 2 ( Level 2) | 0400114 | 4 |
| 3 | German Language 1( Level 1) | 0400115 | 5 |
| 3 | German Language2 ( Level 2) | 0400116 | 6 |
| 3 | Spanish Language 1 ( Level 1) | 0400117 | 7 |
| 3 | Spanish Language 2 ( Level 2) | 0400118 | 8 |
| 3 | Turkish Language 1 ( Level 1) | 0400119 | 9 |
| 3 | Turkish Language 2 ( Level 2) | 0400129 | 10 |
| 3 | Italian Language 1 ( Level 1) | 0400146 | 11 |
| 3 | Italian Language 2 ( Level 2) | 0400147 | 12 |
| 3 | Any Foreign Language Approved by Academic Council | / | 13 |
University requirement (6 credit hours) cultural courses
| Cr. Hours | Course name | Course No. | No. |
| 3 | Science and Life | 0301420 | 1 |
| 3 | Internet for Special Purposes | 0303100 | 2 |
| 3 | Introduction to Public Health and Environment | 0305100 | 3 |
| 3 | Fine Arts | 0400130 | 4 |
| 3 | Literary Appreciation | 0400132 | 5 |
| 3 | Women and Men in Human Societies | 0400133 | 6 |
| 3 | Issues in Modern and contemporary Arab Thought | 0400141 | 7 |
| 3 | Special Topic | 0400148 | 8 |
| 3 | Communication Skills | 0403131 | 9 |
| 3 | History and Philosophy of Science | 0409135 | 10 |
| 3 | Democracy, Human Rights and International Humanitarian Law | 0500140 | 11 |
| 3 | Conflict Resolution by Peaceful Means | 0500143 | 12 |
| 3 | Introduction to Legal Thought | 0500145 | 13 |
Faculty Requirements:
Accounting students must pass (27) credit hours as follows:
| Cr. Hrs. | Course name | Course No. | No. |
| 3 | Principles of Microeconomic | 1301101 | 1 |
| 3 | Principles of Macroeconomic | 1301102 | 2 |
| 3 | Principles of Statistics | 1301103 | 3 |
| 3 | Principles of Accounting I | 1302101 | 4 |
| 3 | Principles of Accounting II | 1302102 | 5 |
| 3 | Essential of Management | 1304101 | 6 |
| 3 | Principle of Finance | 1303240 | 7 |
| 3 | Principle of Marketing | 1305101 | 8 |
| 3 | Introduction for Development | 1306113 | 9 |
| 27 | Total | ||
Specialization terms:
the student must earn the following Grads in order to continue at economic program:
| Grads | Course name | Course No. | No. |
| 60% | Principles of Microeconomics | 1301101 | 1 |
| 60% | Principles of Macroeconomics | 1301102 | 2 |
Single Specialization in economics:
Compulsory Requirements (57 Credit Hours)
| Prerequisite | Credit | Course name | # of courses | # |
| 1301101 | 3 | Intermediate microeconomics | 1301201 | 1 |
| 1301102 | 3 | Intermediate macroeconomics | 1301202 | 2 |
| 1301102 | 3 | Money and Banking | 1301203 | 3 |
| 1301102 | 3 | Public Finance | 1301204 | 4 |
| 1301102 | 3 | Economics of environment and resources | 1301206 | 5 |
| 1301102 | 3 | International trade | 1301300 | 6 |
| 1301102 | 3 | Mathematical economics | 1301301 | 7 |
| 1301102 | 3 | Managerial Economics | 1301302 | 8 |
| 1301103 | 3 | Introduction to Econometrics | 1301303 | 8 |
| 1301102 | 3 | Islamic Economics | 1301305 | 9 |
| 1301102 | 3 | Economic development | 1301310 | 11 |
| 1301103 | 3 | Methods of Economic Research | 1301315 | 12 |
| 1301102 | 3 | Palestinian economy | 1301401 | 13 |
| 1301102 | 3 | International finance | 1301403 | 14 |
| 1301102 | 3 | History of Economic Thought | 1301408 | 15 |
| 1301102 | 3 | Economics of Competitiveness | 1301409 | 16 |
| 1301102 | 3 | Selected Topics in Economics | 1301412 | 17 |
| 1301102 | 3 | Economic Feasibility Studies | 1301440 | 18 |
| Fourth- year level | 3 | Senior Seminar for economics | 1301444 | 19 |
| 57 | Total Credit Hours | |||
Elective Requirements (15 Credit Hours)
The student must complete 9 credit hours from the department’s electives and 6 credit hours from the third-year level or higher than the other faculty departments’ electives.
Major Specialization in economics:
Compulsory Courses for Major Specialization (39) Credit Hours
| Prerequisite | Credit | Course Name | Number of course | # |
| 1301101 | 3 | Intermediate microeconomics | 1301201 | 1 |
| 1301102 | 3 | Intermediate macroeconomics | 1301202 | 2 |
| 1301102 | 3 | Money and Banking | 1301203 | 3 |
| 1301102 | 3 | International trade | 1301300 | 6 |
| 1301102 | 3 | Mathematical economics | 1301301 | 7 |
| 1301102 | 3 | Managerial economics | 1301302 | 8 |
| 1301103 | 3 | Introduction to Econometrics | 1301303 | 9 |
| 1301102 | 3 | Economic development | 1301310 | 10 |
| 1301103 | 3 | Methods of Economic Research | 1301315 | 11 |
| 1301102 | 3 | Palestinian economy | 1301401 | 12 |
| 1301102 | 3 | Economics of Competitiveness | 1301409 | 13 |
| 1301102 | 3 | Economic Feasibility Studies | 1301440 | 14 |
| Fourth- year level | 3 | Senior Seminar for economics | 1301444 | 15 |
| 39 | Total Credit Hours | |||
Elective Courses for Major Specialization 6 Credit Hours.
Minor Specialization in Economics:
For Faculty’s Student from other Departments.
Obligatory Courses for Minor Specialization in economics (21credit)
| Prerequisite | Credit | Course Name | # of courses | # |
| 1301101 | 3 | Intermediate microeconomics | 1301201 | 1 |
| 1301102 | 3 | Intermediate macroeconomics | 1301202 | 2 |
| 1301102 | 3 | Money and Banking | 1301203 | 3 |
| 1301102 | 3 | International trade | 1301300 | 4 |
| 1301102 | 3 | Economic development | 1301310 | 5 |
| 1301102 | 3 | Palestinian economy | 1301401 | 6 |
| 1301102 | 3 | Economic Feasibility Studies | 1301440 | 7 |
| 21 | Total Credit Hours | |||
Elective Courses (6 credit), selected from the economic department’s offered courses.
For the Students from other Faculties
Obligatory Courses for Minor Specialization in econ0mics (27 credit)
| Prerequisite | Cr | Course Name | # of courses | # |
| 3 | Principles of microeconomics | 1301101 | 1 | |
| 3 | Principles of macroeconomics | 1201102 | 2 | |
| 1301101 | 3 | Intermediate microeconomics | 1301201 | 3 |
| 1301102 | 3 | Intermediate macroeconomics | 1301202 | 4 |
| 1301102 | 3 | Money and Banking | 1301203 | 5 |
| 1301102 | 3 | International trade | 1301300 | 6 |
| 1301102 | 3 | Economic development | 1301310 | 7 |
| 1301102 | 3 | Palestinian economy | 1301401 | 8 |
| 1301102 | 3 | Economic Feasibility Studies | 1301440 | 9 |
| 27 | Total Credit Hours | |||
Elective Courses (3 credit), selected from the accounting department’s offered courses.
Principles of Microeconomics (1301101)
This course is an introductory course that teaches the fundamentals of microeconomics. it begins with an introduction to supply and demand and the basic forces that determine an equilibrium in a market economy, introduces a framework for learning about consumer behavior and analyzing consumer decisions, firms and their decisions about optimal production, and the impact of different market structures on firms’ behavior. By the end of the course, you will be able to understand introductory microeconomic theory, solve basic microeconomic problems, and use these techniques to think about a number of policy questions relevant to the operation of the real economy.
Principle of macroeconomics (1301102)
This course provides an overview of macroeconomic issues: the determination of output, employment, unemployment, interest rates, and inflation. Monetary and fiscal policies are discussed. Important policy debates as international economic issues are critically explored.
Principles of Statistics (1301103)
This course aims to provide students with statistical concepts in the school of business & economics, which include measures of central tendency & dispersion, data, probability distribution, sampling, estimation, hypothesis testing, regression, correlation analysis, and forecasting in business & economics
Mathematics for Economics and Business: (1301104)
This course teaches the mathematical skills required for problem-solving and decision making in the business world through the use of mathematical models and specialized techniques. Topics include functions as mathematical models, equation solving techniques, differential and integral calculus, exponential growth and time-value of money, partial derivatives and their applications in economic functions, and simple matrix algebra.
Intermediate Microeconomics (1301201)
This course covers the central topics in economics, price determination, by examining the demand & supply responses of consumers & firms. Of affordable baskets of goods, consumers choose the one which maximizes their utility, from which we derive the demand curve. Firms choose the combination of inputs & outputs that maximizes their profits, subject to the constraints, from which we derive the supply curve. This course will provide fundamental tools of microeconomic analysis at an intermediate level. The level of analysis is based upon the assumption that the students have an elementary course in economics. My narrative will integrate the use of calculus, graphs, & tables in the study of microeconomic problems.
Intermediate Macroeconomics (1301202)
Intermediate Macroeconomics examines more advanced macroeconomic theories, and then uses them to understand the determinants of national output, prices, interest rates, and employment under various conditions, and to evaluate the effectiveness of monetary and fiscal policies. The study of this course would provide a review of the main determinants of national income, covering the main theories of surrounding the real economy “the use of the Keynesian Theory”, the money into the macroeconomics, the IS-LM & the AS-AD models, the short-run fluctuations & stabilization, and open economy.
Money and Banking (1301203)
This course focuses on studying monetary theory by examining the fundamentals of monetary system, monetary policy and its tools and their impact on the course of macro variables, studying demand and money supply. The role of financial institutions such as banks in influencing the money supply will also be examined, since controlling the amount of money and managing it is very important to avoid economic problems like Inflation and stagnation will also be examined, the effect of monetary policy on stimulating the economy in addition to its direct impact on exchange rates and thus on the balance of payments and other macro variables such as income and investment will be discussed.
Public Finance (1301204)
The course illustrates the role government plays in the economy and explains how and why the public sector makes decisions. It also describes public goods and the many instances in which the public sector does not make efficient decisions, and the government must step in to provide goods efficiently and equitably to all members of society. The course provides comprehensive coverage of tax, as well as includes such topics as health care, cost-benefit analysis, and other issues that involve government-spending decisions–issues that deal with the demand for public funds.
Recourse and Environmental Economics (1301206)
This course introduces the student to the consequences of the interaction of market activity to the environment. It enables the student to understand how environmental problems are the outcomes of market failure and, consequently, the role of governments in addressing the impact of environmental externalities on the performance of domestic economy. Also, this course utilizes the economic theory at both national and international levels to address issues related to environmental problems.
International Trade (1301300)
This course aims to introduce students to both classical and modern theories of international trade in goods and services, as well as, empirical research on trade. A substantial fraction of the course is dedicated to examination of efficient trade policies. The second part of the course is to introduce students to introductory level of theories of balance of payment, determination of interest and exchange rates and fiscal and monetary policies available to stabilize the external sector as well as the entire economy.
Mathematical Economics (1301301)
This course presents mathematical concepts that are developed in the context of economic applications, drawn mainly from microeconomics, macroeconomics and international trade. The course covers equations, functions, total and partial differentiation, as well as comparative static analysis. In general, this course is intended to assist students who are majoring economics in becoming comfortable with the basic mathematical tools used in economic analyses.
Introduction to Econometrics (1301303(
The course aims to provide an introduction of descriptive and inferential statistics (both estimation and hypotheses testing as a background to econometric methods that will assist students in understanding empirical research. Also, it will enable students to apply these methods in their own research, by using appropriate econometric methods for analyzing data. In this course, student will make use of computer software in the estimation and testing of econometric relationships.
Islamic Economics (1301305)
It includes studying the foundations of the economic system and comparing different economic systems such as Islam and capitalism, properties and their types, differentiating between economics as a science and as a system, exposure to consumption, production, investment from the Islamic point of view, monetary system and monetary policy based on the basics of the Islamic economics will be explored, the (Biet Almal), its revenues and expenditures, Financial policy and tools, budget deficit in the Islamic state and methods of financing it is going to be discussed, finally foreign trade in Islam and exchange rates and there implications on international economic relations will be introduced.
Economics of Innovation and Entrepreneurship: (1301309)
The course provides an economic understanding of innovators and entrepreneurs and the role that they play in the development of the economy. It sets the incentive structure for research and innovation, be it via intellectual property rights (e.g. patents and trademarks), the introduction of new technological standards, or direct public subsidies to promising innovative firms. Additionally, the course provides an insight into the emerging field of the economics of innovation and entrepreneurship and a platform from which to undertake research or implement economic analysis of entrepreneurial endeavors.
Economic Development (1301310)
The goal of the course is to introduce the main issues of development economics, such as economic growth, inequality and poverty? Also, the course deals with other issues such as, why do some countries achieve high levels of economic development and others do not? What are the policies that governments can implement to change the level of economic growth and how to increase the number and classes and structures of beneficiaries. In this course, student needs to analyze impact of the factors and constraints influencing decision-making in developing countries. This course requires a solid understanding of basic economic principles.
Methods of Economic Research (1301315)
The course aims to teach students the basic skills necessary to conduct research properly, and this includes: the nature of research, research design, theories and hypotheses, credibility and confidence, questionnaire, interview, primary data collection tools, indirect measurement tools, data analysis and research writing.
Palestinian Economy (1301401)
This course discusses the analysis of the economic situation of the Palestinian territories and the possibility of achieving the economic disintegration between the Palestinian and the Israeli economies, as well as the possibility of integrating the Palestinian economy with neighboring Arab economies, the absence of a Palestinian currency and its negative effects on the Palestinian economy, the Palestinian economic dependency on the Israeli economy resulting from political dependency, strengths And weakness in the Palestinian economy in terms of abundant economic resources, sectorial development, economic problems and policies, and the independence of Palestinian economic policies, finally this course also deals with the impact of the Israeli-military and economic policies on the Palestinian economy.
International Finance (1301403)
This course is one of the growing areas of finance and economics. Today’s financial marketplace is truly global. This course will introduce students to global financial markets and operations of multinational firms. Topics to be discussed will include foreign exchange markets, international financial markets, international banking, currency derivative markets, risk management, and investment decisions in the global marketplace: the international monetary system and optimum currency areas. Macroeconomic policy in an open economy will also be covered.
History of Economic Thought (1301408)
This course includes a review of the intellectual foundations of different economic schools throughout history, differentiating between the economic system and economics as a science (normative vs positive economics), do those systems benefit from each other or not? Are economic systems dependent or in dependent? The contributions of the two economic systems throughout history in building economic schools such as (the Mercantile, the Agricultural, the Classical, the Keynesian, the Modern Economic, the Socialist Schools), the Economic Schools in Islam and the contributions of leading Muslim economic thinkers such as Abu Yusef, Ibn Khaldun and others.
Economics of Competitiveness (1301409)
This course focuses on how to develop the competitiveness of firms, clusters and regions. Nowadays, the world is changing dramatically and competition is extremely fierce, so that such a course is more relevant than ever. Besides, the cause shed light on understanding the multiple dimensions of competitiveness (business, sectorial, cluster and regional) and developing strategies and actions that enable us to transform reality and be more competitive.
Selected Topics in Economics (1301412)
This course examines several vital and modern issues that affecting the Palestinian economy and its performance, among which are: social security and the extent of the private sector’s willingness to implement it, health services and health insurance in Palestine.
Economic Feasibility Studies (1301440)
This course aims to develop student’s ability to undertake economic feasibility studies after learning certain skills and techniques. It is anticipated from each student to conduct feasibility studies that consider different sizes of projects, objectives, budgets and sources of investments. The course also deals with practical situations, using the analytical and assessment tools to analyze the financial feasibility of new and ongoing projects under certainty and uncertainty conditions.