60410800 - Management
60410900- Business Management
60411100 -World economy and international economic relations
60411700- Logistics
World Economy and International Economic Relations is a social science program that examines how national economies engage through trade, finance, investment, technology, institutions, diplomacy, economic integration, and globalization. The discipline explores global systems-markets, multinational corporations, international organizations, and regional blocs—as outcomes of strategic interactions among states, businesses, and households operating under rules, norms, and policies.
Research training focuses on developing questions about the international economy and analyzing them with data and models. Students learn to apply micro- and macroeconomic theory to cross-border issues; use mathematical and statistical tools to examine trade patterns, foreign direct investment, exchange rates, growth, and globalization dynamics; and evaluate the design and impact of policies in areas such as WTO rules, regional and mega-regional integration, industrial strategy, sustainability, and economic security.
A distinct emphasis is placed on economic diplomacy and its tools, including negotiation and mediation, treaty design and implementation (such as trade and investment agreements), tariffs and non-tariff measures, sanctions and export controls, development finance, debt diplomacy, as well as public and digital diplomacy. Coursework is complemented by empirical projects, case studies, and internships that develop quantitative reasoning, policy analysis, and professional communication skills.
Graduates are prepared for positions in government and diplomacy, international organizations, central and commercial banks, corporations involved in global value chains, consulting firms, and NGOs, as well as for advanced studies in economics, public policy, international relations, or law.
World Economy & International Economic Relations-Program Learning Outcomes
A. General (University-Wide) Competencies
Graduates will be able to:
Think systematically and ethically: Demonstrate a consistent worldview grounded in the humanities and social sciences; apply legal and moral standards when making decisions that affect individuals, society, and the environment.
Engage critically with society: Analyze current public policy issues, social processes, and problems in an objective and scientific way.
Understand historical and cultural contexts: Draw on both national and global history, articulate evidence-based views on spiritual, national, and universal values, and maintain an active civic stance.
Use scientific reasoning: Explain natural and social phenomena and apply modern scientific knowledge to solve problems both professionally and in everyday life.
Use information effectively: Gather, store, analyze, and interpret data; make independent, informed decisions using relevant tools.
Pursue ongoing development: Show thorough preparedness in your main field, engage in self-directed learning, and organize work practices efficiently.
Promote well-being: Maintain and demonstrate a healthy lifestyle, including self-management skills for physical fitness.
B. Professional Competencies (Field-Specific)
Graduates will be able to:
Apply FEA methodologies and laws: Follow methodological guidelines to plan, calculate, and analyze activities of firms involved in foreign economic activity (FEA); locate, interpret, and apply relevant legal and regulatory documents.
Analyze the world economy: Evaluate global macro- and microeconomic indicators; interpret structural shifts, cycles, shocks, and innovations in the world economy and international economic relations (IER).
Design adaptation strategies: Develop, assess, and improve plans for companies and public organizations to adjust to shifts in trade, finance, technology, and regulations in IER.
Manage global risks: Identify, evaluate, mitigate, and oversee financial, economic, political, and operational risks in international markets.
Advance economic integration: Describe ways to create and grow regional and mega-regional agreements; assess their governance, policies, and economic effects.
Practice economic diplomacy: Engage in diplomatic efforts, support embassies, consulates, and international missions, and protect Uzbekistan’s interests in negotiations and implementation.
Prepare cross-border agreements: Assist in drafting, reviewing, and executing foreign economic contracts in production and services, ensuring compliance with international rules and standards.
Assess actor-level exposures: Analyze financial and economic risks encountered by international organizations, states, and transnational corporations (TNCs); suggest mitigation and resilience strategies.
Apply knowledge of international financial management: Explain and implement financial management systems used by international organizations, foreign jurisdictions, and TNCs in professional tasks.
Support integration governance: Organize and improve financial and economic activities within integration associations or structures; convert rules into operational procedures.
Improve FEA management: Prepare decisions to organize and upgrade FEA units within companies across various sectors and ownership types.
Evaluate the national trade performance: Analyze the Republic of Uzbekistan’s foreign trade indicators and identify policy or management implications.
Conduct applied research: Design and execute investigations into the financial and economic activities of internationally operating entities, using appropriate data, methods, and empirical rigor.