Department of Economics

Department History

The Department of Economics at Gebze Technical University serves under the Faculty of Business Administration. The Department has been offering graduate degrees in Economics (MSc) and in International Trade and Finance (MA) since the 2010-2011 Academic Year, and the Economics (PhD) program was launched in 2013-2014 Spring Semester. Our graduate programs admit students with strong backgrounds and prepare them for careers in the academy and for research positions at government institutions, central banks, international organizations, and consulting firms.


Economics, which offers a compelling combination of quantitative and policy skills, is a fascinating major poised at the intersections of social science, business, and public policy. An understanding of economics principles is critical to success in business and to the design of effective government policy. Economists study how markets work to determine what is produced, how it is produced, and how income is distributed. Among the many topics studied in economics are the role and impact of international trade, the impact of monopoly on the economy, and the problems of unemployment and inflation.

The primary objectives of our graduate programs are to acquaint students with the economic aspects of modern society, to familiarize them with techniques for the analysis of contemporary economic problems and to develop in them an ability to exercise judgment in evaluating public policy. There is training for the general student as well as for those who plan careers as economists in public and private enterprises, and students also acquire the background and skills necessary for academic career.

About Programs

We offer three separate graduate programs: Thesis Master's Program in Economics, Non-Thesis Master's Program in International Trade and Finance, and a PhD Program in Economics. Our curriculum includes a comprehensive treatment of modern theory and empirical techniques. Students are exposed to a broad range of applied fields, and elect specialization in the field of particular interest. The typical student can expect to spend one full year completing the required course work. The remaining time in the program is usually spent engaging in dissertation research and participating in seminars.

Our programs are designed to prepare individuals for careers in both the public and private sectors. All students complete courses in microeconomic and macroeconomic theory and econometrics. Students should take at least seven of the courses offered. International Trade and Finance (MA) Program targets the people already working in related areas, and the courses are taught in the evening hours. The program requires no thesis.