Economics
A bachelor’s degree in economics provides economic theories and their applications, stimulating students’ understanding of the world’s workings. The program prepares professionals in various fields, such as banking, financial institutions, government, development institutions, urban planning, policy analysis, and non-profit institutions. It provides a wide range of analytical skills that open career opportunities.
Economics will help you understand real-world work. Economics is the study of choice, and individuals, organizations, and the government decide with limited resources. Economics will help make the world a better place since economics is the focal point for understanding many of the world’s problems. Economics is the heart of social problems such as poverty, inflation, unemployment, inequality, health issues, human rights, and public policy. Finding solutions to these problems requires an extensive understanding of economics.
- Completion of secondary school with a minimum overall average of 50%
- Should bring the original and a copy of secondary school certificate
- Should bring Six (6) passport size photos with white background
- Should bring the original copy of a letter of good conduct issued by your secondary school
- Should bring a sponsorship letter from your guardian
- Should successfully pass an admission interview and/or test
- Pay non-refundable Processing and ID card fees of USD $50 (bank draft)
1st Year | |||||||
Semester I | Semester II | ||||||
No | Code | Course Name | Cr.H | No | Code | Course Name | Cr.H |
1 | ECO1101 | Introduction to Economics | 3 | 1 | ECO1201 | Microeconomics | 3 |
2 | ARB1101 | Arabic Language I | 3 | 2 | EDU1201 | Somali Studies | 3 |
3 | EDU1101 | Study skills | 3 | 3 | IST1101 | Fundamentals of Computers | 3 |
4 | PSC1129 | Conflict Resolution | 3 | 4 | EDU1204 | Critical Thinking | 3 |
5 | SLM1101 | Islamic Studies I | 3 | ||||
2nd Year | |||||||
Semester I | Semester II | ||||||
No | Code | Course Name | Cr.H | No | Code | Course Name | Cr.H |
1 | ECO1201 | Macroeconomics | 3 | 1 | MTH1202 | Business Mathematics | 3 |
2 | ARB1101 | Arabic Language II | 3 | 2 | STA3102 | Statistics for Economics II | 3 |
3 | STA2201 | Statistics for Economics I | 3 | 3 | MGT2101 | Principles of Management | 3 |
4 | GM1101 | General Mathematics | 3 | 4 | SLM1101 | Islamic Studies II | 3 |
5 | IST1202 | Computer Applications & Technology | 3 | 5 | PAD1201 | Public Administration | 3 |
6 | ACC1201 | Principles of Accounting I | 3 | 6 | ECO1201 | Mathematical Economics | 3 |
3rd Year | |||||||
Semester I | Semester II | ||||||
No | Code | Course Name | Cr.H | No | Code | Course Name | Cr.H |
1 | PSC2101 | Introduction to Political Science I | 3 | 1 | PSC3102 | Political Economics | 3 |
2 | ECO3109 | Industrial Economics | 3 | 2 | ECO3108 | Intermediate Microeconomics | 3 |
3 | LAW1101 | Introduction to Law | 3 | 3 | ECO3210 | Labor Economics | 3 |
4 | ACC2203 | Governmental Accounting | 3 | 4 | LAW2104 | Commercial Law | 3 |
5 | FIN3101 | Financial Management | 3 | 5 | ECO3104 | Islamic Economics | 3 |
6 | ENG2204 | Communication Skills | 3 | 6 | SOC4101 | Principles of Sociology | 3 |
4th Year | |||||||
Semester I | Semester II | ||||||
No | Code | Course Name | Cr.H | No | Code | Course Name | Cr.H |
1 | ECO3213 | Intermediate Macroeconomics | 3 | 1 | RHM4108 | Research Methodology | 3 |
2 | ECO3106 | Development Economics | 3 | 2 | ECO3211 | Agricultural Economics | 3 |
3 | ECO4114 | Basic Econometrics | 3 | 3 | FIN4204 | Public Finance | 3 |
4 | FIN4104 | Money and Banking | 3 | 4 | ECO4223 | Advanced Econometrics | 3 |
5 | ECO4118 | Urban Economics | 3 | 5 | ECO4115 | International Economics | 3 |
5th Year | |||||||
Semester I | Semester II | ||||||
No | Code | Course Name | Cr.H | No | Code | Course Name | Cr.H |
1 | ECO4116 | Environmental Economics | 3 | 1 | ECO4224 | Analysis and Evaluation of Projects | 3 |
2 | ECO4219 | Financial Economics | 3 | 2 | ECO4225 | Somali Economy | 3 |
3 | ECO4221 | History of Economic Thought | 3 | 3 | ECO4220 | Seminars in Economics | 3 |
4 | GRP4213 | Graduation Project | 3 | 4 | GRP4213 | Graduation Project | 3 |
5 years
Fees($): $315.00
Charges($): $30.00
Total($): $345.00
STUDENTS FEES PAYMENT POLICY
This policy applies to all students, these include: part-time and full-time for both undergraduate and postgraduate and any other person enrolled as a student at the University:
- Option one: At the beginning of the semester, all semester fees can be paid in full.
- Option two: At the beginning of the semester, students should pay 30% of semester fees before he/she registers for the class. In the second installment, 40% of the semester fees should be paid before the midterm exam. The remaining 30% of the semester fees should be paid before the final exam.
- After payments of second and third installments, students are eligible to get their clearance cards for midterm and final exams.
- Fees Collector officer will be responsible to check fees default when he/she gets a report from the head of the cash unit.
- SU will not refund any fees paid unless the student has no remaining semester.
- Students and sponsors who unintentionally or intentionally deposit fees will not be refunded but will be forwarded to the next semesters.
- Upon graduation period, all extra fees balance should be refunded to the students.
- Any student who temporarily or permanently breaks his/her study can request an extra fee refund.
- Head of Cash Unit should check the activities of the sponsors.
Bank Accounts
Premier Bank: 20300001001
Dahabshiil: 1822
Salam Bank: 30027598
Idman Community Bank: 7401005
IBS Bank: 1820
The SU academic year consists of 42 weeks split into two semesters of 18 weeks each, the first beginning in September.
Graduates of the Bachelor of Economics program are equipped with a strong foundation in economic theory, quantitative analysis, and policy evaluation, preparing them for diverse and impactful careers across multiple sectors, include:
- Economic Analyst in central banks, government ministries, and regulatory agencies. In these roles, graduates analyze macroeconomic trends, assess fiscal and monetary policies, and conduct cost-benefit analyses to guide decision-making.
- Another key opportunity lies in financial consulting and investment analysis, where graduates work in commercial banking, investment firms, and risk management. They evaluate market trends, assess financial risks, and develop investment strategies to optimize returns.
- For those interested in global development, careers as Policy Advisors and Development Planners with organizations like the UNDP, World Bank, or IMF offer the chance to influence large-scale economic initiatives. Graduates contribute to poverty reduction programs, trade policy formulation, and sustainable development projects
- In the corporate sector, economics graduates excel as Market Researchers and Business Strategists, helping companies understand consumer behavior, industry trends, and competitive landscapes
- Academia is another rewarding path, where graduates become Academic Researchers or Lecturers at universities and economic research centers. They engage in cutting-edge research, publish studies on economic phenomena, and educate future economists
- the economic program also fosters entrepreneurial skills, enabling graduates to launch their own ventures or work as Economic Consultants in fintech, agribusiness, and development initiatives. They apply economic principles to solve real-world business challenges, advise startups, and drive innovation in emerging industries.
